SOLD FOR $2,300,000
· Sold at asking price · Closed May 12, 2025
$2,300,000
92 JEFFERSON Street
MLS® #RLS11000245
Listing by Douglas Elliman Real Estate
10
Bedrooms
6
Baths
N/A
Sq. Ft.
N/A
Year Built
Sale Details
Property Summary
Description
The EklundGomes Team presents 92 Jefferson Street, a mixed-use investment opportunity in Bushwick with a 6.72% proforma cap and additional growth potential. The 3-story building has 5 apartments and a commercial space, totaling approximately 4,575 sf. Building setup: Ground Level The commercial space occupied by the highly rated restaurant Formosa (with cellar access) A studio unit with a large private yard Floors 2-3 Two 2-BR/1-BA units per floor The commercial space is currently leased through 2033. Conveniently located at the nexus of Bushwick, East Williamsburg, Bed-Stuy, and South Williamsburg. Just 2 blocks from the J, M, Z trains at Myrtle Avenue and about 10 minutes to the L train at Morgan Avenue for easy access to Williamsburg and Manhattan. 92 Jefferson St. is an excellent opportunity for investors to acquire an income generating property with attractive upside.
Property Details
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Listing courtesy of Nikola Bugarin at Douglas Elliman Real Estate. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.