$2,290,000
Updated 7 years ago
Off Market

75 Eldert Street

Bushwick, Brooklyn | Bushwick Ave & Evergreen Ave

10 Beds7 Baths5,200 Square FeetMulti-Family

$2,290,000
floors / apts3 / 3
Lot Size20'x100'
Built Size20'x65'
ZoneR6
Building TypeTownhouse
RE Taxes$3,853
Price Per SF
$440

Listing Features

  • High Ceilings
  • New Windows
  • Central AC
  • Central Heat

Outdoor space and views

  • Backyard
  • East Exposure
  • West Exposure

Building Amenities

  • Voice Intercom
  • Laundry Room

Property Description for 75 Eldert Street

Refreshed Price -- Near 6% CAP Rate
Legal 3 Family

Located on a beautiful block in the heart of historic Bushwick, here lies an amazing opportunity to own an investment in one of Brooklyn's most happening neighborhoods. Just a skip away from the J, M and Z trains, this newly renovated legal 3-family townhouse has been designed to maximize functionality and comfort.

The fully renovated building is sized at 20 by 65 and sits on a spacious 20 by 100 lot.

Whether you are looking to invest and maximize your rent roll, or want to be an owner-occupant with 2 units paying your mortgage every month, this town house has opportunity written on it.

5,200 square feet spread out across 4 floors with massive outdoor space.

Currently configured as:
3 BR 2 Bath
over
4 BR 2 Bath
over
4 BR 3 Bath

Each apartment is individually metered, including central AC and heating. With recent upgrades that are built to last, this property is a turnkey opportunity.

Having just received a significant price reduction, we welcome you to visit this property and see for yourself. If you are a broker, bring your clients.

Listing History for 75 Eldert Street

Now
07/23/2019
POM by Rosy Klein
R New York
07/14/2019
$2,290,000 [-$110,000] [4.6%]
Price Drop by Rosy Klein
R New York

Building Details for 75 Eldert Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Halsey St
0.2 miles
Chauncey St
0.33 miles
Wilson Av
0.47 miles

Citi Bike

Eldert St & Bushwick Ave
0.06 miles
Halsey St & Evergreen Ave
0.09 miles

Contact Agent

Contact Agent

Rosy Klein
R New York

Bushwick | Brooklyn

Quick Profile

As one of the most diverse neighborhoods in New York, Bushwick offers a perfect snapshot of just how multicultural the city is. Long-established as an amalgam of cultures and ethnicities, a wave of varying types of immigrants trickled in from the seventeenth to twentieth centuries, with Bushwick largely becoming a home to Hispanics of Puerto Rican and Dominican backgrounds by the latter part of the twentieth century. 

With the Bushwick Initiative of the mid-00s that aided in revitalization, it became an attractive area to young professionals and artists. And even now, Bushwick has sustained affordable rent prices where other North Brooklyn counterparts, like Williamsburg and Greenpoint, have become more expensive. Priding itself on the weird and the wacky, numerous art collectives thrive in this part of Brooklyn, once famously named the seventh coolest neighborhood in the world by Vogue. 

Though it has drawn in many tourists in recent years (there’s even a graffiti tour you can take from the Bushwick Collective), the neighborhood remains very much community-oriented, and has not been subject to quite the same sort of corporate infiltration phenomenon of its nearby Williamsburg environs. 

But yes, of course, Bushwick has come a very long way from its 80s and 90s reputation as being “The Well,” a nickname given to it for its free-flowing and widely available amount of drugs (quantity over quality being the cliche applied here). 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 64101TH