83 Suydam Street #MULTI
About This Property
This well-configured property features two spacious units, ideal for both end-users and investors. Live in one unit and offset your mortgage by renting the other, or maximize income potential with a full investment setup.
Apartment 2 (Upper Unit) is a bright 3-bedroom layout with generous proportions, large windows, and a functional flow between living, dining, and kitchen areas. The bedrooms offer flexibility for family living, home office space, or guest accommodations.
Apartment 1 (Lower Unit) is a comfortable 2-bedroom with an open living/dining area and a well-sized kitchen. The unit also offers access to additional living space in the lower level, perfect for recreation, storage, or creative use.
Throughout the home, you'll find:
Hardwood flooring and modern finishes
Updated kitchens with ample cabinetry
Well-sized bathrooms with contemporary touches
Excellent natural light
Thoughtfully laid-out living spaces ideal for today's lifestyle
The property also includes bonus lower-level space, adding versatility rarely found at this price point.
Located just moments from local shops, restaurants, and public transportation, this is a prime opportunity to own in a rapidly appreciating area where condos are trading for more than this entire building.
Whether you're looking for a smart investment or a place to call home with built-in income, 83 Suydam Street delivers unmatched value.
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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 |
|---|---|---|---|
| Aug 26, 2026 | Listed by Compass | $1,250,000 | |
| Listed by Compass | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Building Info
About Northern Brooklyn
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017