Bushwick Mixed-Use – Property Acquisition


Hirshmark Capital, through an affiliate entity, is proud to announce the purchase of a mixed-use property in the Bushwick neighborhood of Brooklyn. 552 Central Avenue is a 3-story building, with 4 apartments, 1 store, and 2 garage spaces. The property is roughly 4,200 SF and is in the Eastern part of Bushwick, just a couple of blocks from the L train subway stop. Hirshmark purchased the property at a sub 5% capitalization rate, with short term upside. This is yet another example of Hirshmark Capital’s aggressive appetite in acquiring well trafficked and unique commercial properties throughout NYC.

This entry was posted in . Bookmark the permalink.