$1,250,000
Updated 7 years ago
Off Market

241 Cooper Street

Bushwick, Brooklyn | Wilson Ave & Knickerbocker Ave

14 Rooms8 Beds3 Baths3,100 Square FeetMulti-Family

$1,250,000
floors / apts3 / 3
Lot Size25'x100'
Built Size25'x45'
ZoneR6
Building TypeTownhouse
RE Taxes$3,649
Price Per SF
$403

Building Amenities

  • Driveway

Property Description for 241 Cooper Street

Delivered Vacant. Three family building with a separate walk-in/English Basement with windows and a private street entrance.

The building is 25 feet wide and 45 feet deep, the property spans 3,100 sq ft. The building is a legal 3 family building.

Offering 2% to the buyers agent

Property Financials:
Current Annual Income: $97,200
Current Annual Expenses: $10,339
Current Net Operating Income: $86,861

Rare opportunity to own a three family building and a 25 feet wide building in Bushwick Brooklyn where 90% of buildings are 20 feet wide or less. Boasting 14 rooms, 8 bedrooms, 3 bathrooms, 3 large eat-in kitchens, separate living rooms and 2 home offices, this property offers efficient living space in each apartment.

Neighborhood Highlights:
241 Cooper is centrally located near "Nowadays", a food and social gathering venue, one block away from the Wilson Avenue L train station and five blocks away from the Chauncey Avenue J train station. Bushwick offers trendy coffee shops such as Father Knows Best, pet friendly parks, bars, clubs for nightlife such as Avant Gardner and The Brooklyn Mirage. Bushwick also offers two Michelin Star Restaurants. A short commute to Williamsburg and Manhattan this building will guarantee steady rental income.

Building Details for 241 Cooper Street

OwnershipMulti-Family
Building TypeTownhouse
AgePost-War
AccessWalk-up
Year Built2002
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Wilson Av
0.13 miles
Halsey St
0.35 miles

Citi Bike

Knickerbocker Ave & Moffat St
0.06 miles
Wilson Ave & Moffat St
0.11 miles

Contact Agent

Contact Agent

Reynaldo Cruz
Oxford Property Group

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: 74591TH