$1,335,000
Updated 10 years ago
Sold

1114 Bushwick Ave

Bushwick, Brooklyn | Woodbine Street & Madison Street

18 Rooms10 Beds4 Baths3,600 Square FeetMulti-Family

$1,335,000
floors / apts3 / 4
Lot Size40'x80'
Built Size20'x80'
ZoneR6
Building TypeTownhouse
RE Taxes$3,000
Price Per SF
$371

This property was sold for $1,335,000 on 08/04/16.

Listing Features

  • Original Details

Outdoor space and views

  • Backyard

Building Amenities

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

Property Description for 1114 Bushwick Ave

TURNKEY INVESTMENT PROPERTY IN BUSHWICK Get in on the HOT Bushwick market! This renovated and upgraded 4 unit brownstone is generating 10-12k per month. All renovations were done with permits, and you will find new 5 electric meters, 5 gas, 2 hot water heaters, repaired roof, etc. Kitchens and baths could use cosmetic upgrades for a higher rental income. Decorative Fireplaces and lovely period details add to the charm. Keep the garden apartment with the extension and backyard and generate high income, or create a duplex or triplex, or single home, whatever suits! Located in a desirable area 3 blocks to the Gates ave stop on Broadway, this will be an income-generating rental for years to come! This property is an SRO, with CNH delivered at closing and easy financing available. NO plans to change the co, so you can decide how you want to use the property.

Listing History for 1114 Bushwick Ave

Now
01/14/2016
Contract Signed by Carolyn Romberg
Corcoran
2016

Building Details for 1114 Bushwick Ave

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/4
Learn More About the Building

Transit and Citi Bike

Subway

Gates Av
0.18 miles
Halsey St
0.26 miles

Citi Bike

Broadway & Madison St
0.11 miles
Madison St & Evergreen Ave
0.15 miles

Contact Agent

Contact Agent

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: 56935TH