$1,850,000
Updated 8 years ago
Off Market

53 Linden Street

Bushwick, Brooklyn | Broadway & Bushwick Ave

10 Rooms6 Beds4.5 Baths2,730 Square FeetMulti-Family

$1,850,000
floors / apts2 / 3
Lot Size19'x72'
Built Size19'x42'
ZoneR6
Building TypeHouse
RE Taxes$2,544
Price Per SF
$678

Outdoor space and views

  • Backyard
  • City Views

Building Amenities

  • Garden

Property Description for 53 Linden Street

Calling all investors! This fantastic legal 3 family has been completely gutted all the way down to the studs.

Located on a charming street just 2 blocks from the J,M,Z, trains at Gates ave, this amazing townhouse is surrounded by trendy shops, cafes, nightlife and shopping. There is a an elegant 2 bedroom 2 bath owner's duplex with a gourmet kitchen, large bonus rec room, and expansive backyard. The top floor features a renovated 3 bedroom apartment with large living space, queen sized bedrooms and ample storage. The garden level is a charming studio with decorative fireplace.

This house is being sold vacant, with a potential rent roll of approximately $100,000, which brings the CAP rate to 5%.

Listing History for 53 Linden Street

Now
03/26/2018
POM by Melissa C. Leifer
Keller Williams NYC
01/30/2018
$1,850,000
Initial Price by Melissa C. Leifer
Keller Williams NYC

Building Details for 53 Linden Street

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts2/3
Learn More About the Building

Transit and Citi Bike

Subway

Gates Av
0.12 miles
Kosciuszko St
0.4 miles
Halsey St
0.44 miles

Citi Bike

Bushwick Ave & Linden St
0.02 miles
Grove St & Broadway
0.11 miles

Contact Agent

Contact Agent

Melissa Leifer
Keller Williams NYC

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: 72111TH