108 Troutman Street

108 Troutman Street – Prime Mixed-Use Opportunity in Bushwick

Asking Price: $1,999,999 | Projected Cap Rate: 6.93% | Delivered Vacant

Welcome to 108 Troutman Street, a rare opportunity to acquire a fully vacant, mixed-use building in the heart of Bushwick, one of Brooklyn’s most vibrant and fastest-growing neighborhoods.

This three-story brick walk-up with basement spans approximately 4,695 SF on a 3,894 SF R6-zoned lot, offering exceptional flexibility and income potential. The building features:
• One ground-floor commercial unit (approx. 1,380 SF), currently occupied by a house of worship
• Four full-floor residential units (approx. 830 SF each), delivered vacant
• Clean basement with mechanicals in place, including a gas-fired boiler
• no leases – a clean slate for repositioning

With a projected rent roll of $192,300 and estimated expenses of $53,644, this property is expected to generate a net operating income of $138,656, yielding a projected cap rate of 6.93%.

Located just minutes from the J/M/Z trains, 108 Troutman is surrounded by cafés, galleries, creative workspaces, and neighborhood favorites like Roberta’s and Maria Hernandez Park. Whether you’re an investor seeking cash flow or a developer exploring value-add strategies, this property offers the scale and freedom to execute your vision.

Disclaimer: All information, including but not limited to square footage, zoning, rent roll projections, and stabilization status, is deemed reliable but is not guaranteed. Buyers are advised to conduct their own due diligence and consult with their attorney, architect, and other appropriate professionals to independently verify all details.