$780,000
Updated 9 years ago
Sold

33 Woodbine Street

Bushwick, Brooklyn | Broadway & Bushwick Ave

12 Rooms5 Beds3 Baths3,000 Square FeetMulti-Family

$780,000
floors / apts3 / 3
Lot Size20'x100'
Built Size20'x40'
ZoneR4
Building TypeTownhouse
RE Taxes$1,226
Price Per SF
$260

This property was sold for $780,000 on 05/12/15.

Listing Features

  • Original Details

Outdoor space and views

  • Backyard
  • Garden
  • Patio

Building Amenities

  • Voice Intercom
  • Garden
  • Gated Entry
  • Outdoor Parking
  • Stoop Entry

Property Description for 33 Woodbine Street

HEART OF BUSHWICK LIVE & EARN OR PRIME INVESTMENT This blank slate offers the opportunity to design and combine to your hearts desire and still enjoy additional tenant income! Alternatively, simply add an 8% Cap Rate and low taxes to your current investment portfolio. EXPANSION POTENTIAL The current setup is 3 units over full basement configuration offers a solid structure throughout with high ceilings and abundant original detail. This home is built 20 X 40 (2400 sq. ft.) on a full 20 X 100 lot. With an FAR of 2.43 and additional air rights (R6) potential exists to more than double the current space. Conveniently located only 2 blocks to the J train at Gates Stop, this home is just 3 stops to Williamsburg and 15 minutes to Manhattan. Please contact Mark Martov: [email protected] for detailed information.

Listing History for 33 Woodbine Street

Now
05/14/2015
$780,000
Sold and Closed by Mark Martov
Corcoran
05/14/2015
$780,000 [-$19,000] [2.4%]
Price Drop by Mark Martov
Corcoran

Building Details for 33 Woodbine Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Gates Av
0.13 miles
Halsey St
0.29 miles

Citi Bike

Broadway & Madison St
0.1 miles
Bushwick Ave & Linden St
0.15 miles

Contact Agent

Contact Agent

Mark Martov
Corcoran

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: 57255TH