81 Suydam Street #MULTI
About This Property
The first-floor two-bedroom duplex will be delivered vacant and fully renovated, allowing a buyer to take advantage of primary residence financing or rent it immediately for top market dollars. The second and third floors each feature two-bedroom apartments that are currently rented, providing immediate cash flow.
All units offer in-unit washer/dryers, hardwood floors, PTAC heating and cooling systems, and modern finishes throughout. Ideally located near the L and M trains at Myrtle–Wyckoff Avenues and the J/Z trains at Myrtle Avenue, with easy access to everything Bushwick has to offer.
A rare opportunity to own a flexible, income-producing three-family in one of Brooklyn's most in-demand neighborhoods.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2026 | Price Decreased |
$1,725,000
↓ $70K
(3.9%) | |
| Price Decreased | |||
| Jan 23, 2026 | Listed by Compass | $1,795,000 | |
| Listed by Compass | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017