$3,500,000
Updated 11 years ago
Off Market

1496 Bushwick Ave

Bushwick, Brooklyn | Granite Street & Furman Ave

28 Beds2.4 Baths10,950 Square FeetIncome Property

$3,500,000
floors / apts4 / 8
Lot Size36'6"x90'
Building TypeTownhouse
Price Per SF
$320

Building Amenities

  • Voice Intercom
  • Gated Entry
  • Stoop Entry

Property Description for 1496 Bushwick Ave

The subject property is a large property with 14 renovated, apartments mostly 2 bedrooms in the heart of one of Brooklyn's most desired areas. Pictures of one of the apartments are included. The building is rent stabilized, Fully occupied with all tenants paying rent. Net Operating income is $227,023.52 The property has been renovated a few years ago, including separate heating for each unit ensuring low annual operating costs. The building has excellent access to public transportation, with the Aberdeen Avenue L stop less than 2 blocks away. Contact me today to learn more about this amazing investment opportunity: Isaac 347-633-6791

Building Details for 1496 Bushwick Ave

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/8
Learn More About the Building

Transit and Citi Bike

Subway

Bushwick Av-Aberdeen St
0.08 miles
Chauncey St
0.19 miles
Broadway Junction
0.26 miles
Rockaway Av
0.41 miles
Wilson Av
0.43 miles

Citi Bike

Bushwick Ave & Furman Ave
0.03 miles
Broadway & Furman Ave
0.11 miles

Contact Agent

Contact Agent

Azad Kafarov
Premier Metro Realty Corp.

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: 54885TH