3 Family Bushwick
Investment Highlights
Bushick 3-Family. Frame 3-family with fire damage (2020) in the backwall. requires full renovation. Approx. 3,800 SF existing (20’ x 50’ building) with 3 stories + full basement apartment. Basement features front & rear egress windows. R6. Asking 1.475M
Fire damage (2020) mostly limited to rear wall/ceiling between 1st & 2nd floors; floors largely intact. Contractor gutted front half unnecessarily — property now requires full renovation.
3rd floor vacant, 2nd floor minimal damage, 1st floor ceiling/rear wall damage only. Basement unfinished but has bathroom + front/back egress windows (used as temporary unit).
Prior plan was to convert to 5-family.
Location
📍 Bushwick
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Who finances deals like this
The lenders with the most recorded multifamily mortgages since 2021, from public ACRIS filings.
- JPMORGAN Chase Bank, N.a. — 6,249 loans, typically $85K–$799K
- Citizens Bank NA — 3,374 loans, typically $126K–$660K
- TD Bank NA — 2,670 loans, typically $117K–$500K
- Rocket Mortgage, LLC — 2,561 loans, typically $140K–$528K
- United Wholesale Mortgage, LLC — 2,526 loans, typically $420K–$849K
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