5,875 sqft

$2,550,000

1565 Broadway Street, Brooklyn NY, 11207

Price per sqft$434.04

Built in1925

Property size5,875 sqft

Property typeCommercial

Overview

Sold

Listed Aug 8, 2024

Updated May 29

Great investment opportunity! 3-Story commercial building for sale in Bushwick. The first floor is 2,375SF and is currently leased until 2030, with tenants paying $7,931. The second and third floors, both currently vacant are 1,750 SF each. There is also a 2,250 SF basement. Taxes are $32,000 minus a $4,000 yearly rebate. Owner currently pays $1,100 per year for water/sewer and $2,000 per year for heat. First floor tenant pays an additional $2,000 per year for heat. Zoning is R6 and C1-3. Can be turned into residential. Located on a very busy Broadway block and just 1 block form the J train at the Halsey Street station and close to the B7, B26, and Q24 buses. Surrounded by many restaurants, shopping, and houses of worship.

Additional information

MLS^® ID: 476787

Interior Features

Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.05 Acres

Other Property Details

Taxes: $32,000
Tax Frequency: Annually

Listed by Melanie M. Kishk with Century 21 MK Realty
Listing Contact: 7186277390

Based on information from Brooklyn Board of REALTORS®. Data last updated 5/29/2026. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Parkview Terrace Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.