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Type:
Mixed Use
Units:
Property Description
Investment Property Realty Group (IPRG) has been exclusively retained to sell 136 & 142 Irving Avenue are two contiguous 4-story mixed-use buildings located in the heart of Bushwick, Brooklyn. The assets total 15 residential apartments and 4 ground-floor retail stores, delivering strong in-place cash flow with clear upside in the commercial component.
- 136 Irving Avenue: 8 apartments & 2 stores
- 142 Irving Avenue: 7 apartments & 2 stores
The buildings sit on a high-visibility stretch of Irving Avenue with excellent foot traffic and convenient access to the L train (Dekalb Avenue station) and nearby M train service. Bushwick continues to attract strong residential demand from young professionals and creatives while supporting a growing retail corridor of local shops, cafés, and service tenants. Total building area is approximately 14,000 SF, of which ±3,500 SF is ground-floor retail. The properties benefit from protected tax class status (Class 2b), providing
meaningful insulation against sharp assessment increases.
This is a rare opportunity to acquire a well-located, cash-flowing mixed-use package in Bushwick with both defensive characteristics (protected tax class + residential income) and clear upside in the commercial rents.
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Block & Lot:
03236-0035,37
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Neighborhood:
Bushwick
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Cross Streets:
Dekalb Avenue & Hart Street
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Building Dimensions:
25 ft x 70 ft
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Lot Dimensions:
25 ft x 100 ft
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Units:
19
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Zoning:
R6
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FAR:
2.2
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Tax Class:
2B
