See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

409 Suydam St, Brooklyn, NY, 11237

6beds
6baths
4,875sqft
$1,799,000
$369price/sqft
$11,118/moest. monthly cost
$444,720/yrincome needed

About This Home

Development Opportunity | Fully Vacant 6-Unit Building | Bushwick 409 Suydam Street presents a rare value-add and redevelopment opportunity in the rapidly evolving Bushwick market. This fully vacant 6-unit brick building contains approximately 4,875 square feet and is located within an R6 zoning district. The property will be delivered vacant, allowing immediate renovation, repositioning, or redevelopment planning. Several neighboring properties on the block have completed vertical additions and modernization projects, demonstrating the area's continued redevelopment activity and long-term growth potential. Highlights: • 6 Residential Units • Approx. 4,875 SF Existing Building Area • R6 Zoning • Fully Vacant • Delivered Vacant • Strong Rental Market • Excellent Access to Transportation • Near Wyckoff Avenue Corridor Ideal for developers, investors, and buyers seeking a rare vacant multifamily asset in one of Brooklyn's strongest growth neighborhoods.

Getting Around

97
WalkingWalker's Paradise
0
TransitVery Limited Transit
91
BikeBiker's Paradise

Schools

4/10
Ps 123 SuydamGrades PK-50.2 mi
5/10
Jhs 162 The WilloughbyGrades 6-80.1 mi

Construction

Condition

  • Year built: 1931

Type & Style

  • Home type: SingleFamily
  • Property subType: Rental Unit

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 4,875
  • Total interior livable area: 4,875 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Garden

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,096$109,152
Home Insurance *$378$4,536
Property Taxes $839$10,068
Electricity $805$9,667
Total$11,118$133,416
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$381,188/yr
40% on housing$333,540/yr
45% on housing$296,480/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$369This listing

vs Other Active Listings

Avg $/sqft

ZIP 11237$562
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11237$525
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-25Listed for sale$1,799,000
2026-02-13Listing removed$1,890,000
2025-12-11Listed for sale$1,890,000
2021-04-01Listing removed--
2020-09-09Price change$1,450,000
2020-05-06Price change$1,380,000
2020-03-12Listed for sale$1,500,000

For Sale by Agent

AgentShirley Chen
BrokeragePrime Realty

Similar Homes