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$1,799,000
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Property Description
Rare Fully Vacant 6-Family Brick Building in Prime Bushwick/Ridgewood! Exceptional opportunity for investors, developers, and value-add buyers. This three-story brick multifamily property features six residential units and approximately 4,875 square feet of existing building area. Located in an R6 zoning district, the property will be delivered completely vacant at closing, offering immediate flexibility for renovation, repositioning, or long-term investment. Several neighboring properties on the same block have completed vertical additions and redevelopment projects. Buyers are encouraged to conduct their own due diligence regarding zoning, allowable use, building expansion, development potential, permits, and future unit configuration. Conveniently located near Wyckoff Avenue, shopping, dining, transportation, and the vibrant Bushwick/Ridgewood corridor. Annual real estate taxes are approximately $11,668. A rare opportunity to acquire a fully vacant multifamily asset in one of Brooklyn's most dynamic neighborhoods.
Full Property Details
Full Property Details for 409 Suydam St
General
- Price: $1,799,000
- Taxes: $11,668
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1012716
- Updated: 6/25/2026
- Added to Site: 25 day(s) ago
Parking
- Parking Features: None
Location
- County: Kings (Brooklyn)
School Information
- High School District: Brooklyn 32
- Elementary School: Ps 123 Suydam
- Middle School: Jhs 162 Willoughby (The)
- High School: All City Leadership Secondary Sch
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement
- Building Size: 4875
- Square Feet: 4,875
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,500
- Zoning: R6
Financial Considerations
- Tax Amount: $11,668
Disclosures and Reports
- Special Conditions: None
- Property ID: 03211-0038
Listed by Prime Realty
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Schools
Schools serving 409 Suydam St
School District:New York City Geographic School District 32
| Name | Grades | Distance |
|---|---|---|
Ps 123 Suydam 100 Irving Avenue, Brooklyn, NY 11237 | PK-5 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 409 Suydam St
Date
Details
Price
Change
Source
6/15/2026
Listed
$1,799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 409 Suydam St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,726
3%
$558,450
13%
2024
$11,359
—
$493,200
7%
2024
$11,359
8%
$462,600
8%
2023
$10,519
10%
$429,300
-2%
2022
$9,559
8%
$437,850
11%
2021
$8,852
-2%
$394,650
-5%
2020
$9,000
3%
$414,900
—
2019
$8,717
14%
$414,900
541%
2017
$7,624
—
$64,723
8%
2017
$7,624
7%
$59,944
8%
2016
$7,156
—
$55,506
—
2015
$7,151
341%
$55,506
3%
2014
$1,623
-74%
$53,761
8%
2013
$6,194
—
$49,787
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 409 Suydam St
409 Suydam Street, Brooklyn, NY 11237 (MLS# 1012716) is a Commercial property. 409 Suydam Street is currently listed for $1,799,000 and was received on June 15, 2026. Want to learn more about 409 Suydam Street? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

