6
37 Wilson Avenue presents a compelling opportunity to acquire a well-configured mixed-use building featuring five residential units over one commercial space. The residential component consists of five spacious three-bedroom apartments, layouts that appeal to a wide tenant base.
Currently, four of the residential units and the commercial space are occupied, providing immediate income, while one apartment is vacant. There is also the potential for additional units to be delivered vacant at closing, offering flexibility for repositioning, rent optimization, or end-user occupancy.
The strong unit mix and current setup allows for both stability and value-add strategy.
Situated in a growing neighborhood with continued development and demand, 637 Wilson Avenue is well-positioned for long-term appreciation and income growth. There is a full height basement, perfect to either integrate for additional commercial space, or can potentially be used for storage, additional laundry space or common space for renters.
The L train is across the street, giving renters/owners easy access to Manhattan.
Building: 26x77
Lot: 26x100
Tax Class: 2A
Inquire for income and expense info. Listing courtesy of Compass
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