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$2,195,000

For Sale

- ft²

26 rooms

17 beds

9 baths

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This home has been saved by 3 users.

Listing by Real Estate Leonard LLC, Real Estate Principal Office, 84 Withers Street, Brooklyn, NY 11211

Common charges

Not applicable

Estimated payment

Arrow icon$11,244/mo

Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.

Taxes

No info

Tax abatement

No info

About

Seller’s agent

/

Zachi Isaac Koren

Licensed Real Estate Broker

Real Estate Leonard LLC

Mariia Khemich

Licensed Real Estate Salesperson

Real Estate Leonard LLC

description

Great investment opportunity!
This rent-stabilized 8-family property is ideally located and offers strong cash flow. The front building features 6 units, while the rear building has 2 additional units, including duplex and 3-bedroom layouts.
Between the two buildings is a shared common area, adding to the appeal for tenants. With nearly $200,000 in gross annual income and low operating expenses, this property delivers a cap rate of over 7%.

Policies

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Home features

  • Private outdoor space

    Garden

Building amenities

No info on building amenities

About the building

123 Troutman Street

123 Troutman Street, Brooklyn, NY 11206

Rental building inBushwick

6 units

2 stories

1931 built

Property history

  • Price Change: No changes
  • Days on market: 175 daysThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

6/13/2025

$2,195,000

Listed by Real Estate Leonard LLC

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Explore Bushwick

Transit

LocationDistance

Mat Central Av

0.22 miles

JMZat Myrtle Av

0.36 miles

Lat Morgan Av

0.46 miles

Jat Kosciusko St

0.48 miles

Mat Knickerbocker Av

0.58 miles

About Bushwick

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

17 beds

$2.2M

Bushwick has seen a lot of change over the years. In the early 1900s, it was known for its thriving distilleries and breweries. After those industries declined, it experienced a long period of blight through the 1970s and 1980s. Now the neighborhood is seeing a renaissance, as artists pushed out of Williamsburg and elsewhere move in and raise property values. Bushwick offers unconventional living spaces: The housing market is full of converted lofts in old factories, sometimes with great access to outdoor space.

Learn more about Bushwick