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430 Bleecker St & 16-65 Palmetto St

$2,975,000 USD

Multifamily For Sale  •  10,965 SF

2 Properties View all

Property Details

• Property Type Multifamily

100 Transit Score

100 Walk Score

Highlights

Two 3-story walkup buildings located in Bushwick, Brooklyn, and Ridgewood, Queens.

Fully occupied, with all apartments under rent stabilization ensuring consistent income.

Combined 12-unit residential package totaling approximately 10,965 square feet.

Exceptional access to public transit with nearby M subway line and Myrtle Avenue corridor.

Surrounded by neighborhood retail, dining, and essential services enhancing tenant appeal.

Generates $185,885 in net operating income, providing a stable investment opportunity.

Property Flyers

Bleecker St 430 - Palmetto St 16-65 Queens NY

Public Transportation

Commuter Rail	Drive	Walk	Distance
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road)	7 min	-	2.7 mi
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road)	11 min	-	3.7 mi
Transit/Subway	Drive	Walk	Distance
Seneca Avenue (M - New York MTA Subway (The Subway))	1 min	3 min	0.2 mi
Myrtle-Wyckoff Avenues (L - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway))	1 min	4 min	0.2 mi
Forest Avenue (M - New York MTA Subway (The Subway))	3 min	10 min	0.5 mi
Knickerbocker Avenue (M Line) (M - New York MTA Subway (The Subway))	2 min	11 min	0.6 mi
DeKalb Avenue (L Line) (L - New York MTA Subway (The Subway))	2 min	12 min	0.6 mi
Airport	Drive	Walk	Distance
LaGuardia	17 min	-	7.3 mi
John F Kennedy International	21 min	-	10.9 mi
Newark Liberty International	33 min	-	17.6 mi