$595,000
Updated 9 years ago
Sold

38 Wilson Ave, 2-D

Bushwick, Brooklyn | Melrose Street & George Street

3 Rooms1 Bed1 BathCondo

$595,000
Common Charges$432
RE Taxes$14

This property was sold for $595,000 on 02/06/18.

Listing Features

  • Entry Foyer
  • Hardwood Floors
  • High Ceilings
  • Washer / Dryer
  • Oversized Windows
  • Dishwasher
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Marble Bathroom
  • Stall Shower

Outdoor space and views

  • City Views
  • West Exposure

Building Amenities

  • Voice Intercom
  • Bike Storage
  • Elevator
  • Garage
  • Laundry Room
  • Roof Deck

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 38 Wilson Ave, 2-D

Welcome to the starter home or investment property that you have been seeking that has a seeded parking spot on-site! Located in the trendy and hip Bushwick neighborhood of Brooklyn, this one bedroom condo which has been converted to a "flex-3 bedroom" is sure to please the savvy investor! Featuring a granite and stainless steel kitchen, in-unit laundry machines, a contemporary bathroom with standing shower, chic hardwood floors throughout, and plenty of sunlight, apartment 2D at 38 Wilson Avenue is truly a dream home. A tenant in place paying $3000/month for the apartment and $250/month for a parking space amount to an income of $3250/month for the new owner. Along with low common charges and a tax abatement, this condo ideal as an investment opportunity offering a cap rate above 5%. Contact us today to schedule your private tour!

Building Details for 38 Wilson Ave

OwnershipCondo
Building TypeLow-Rise
Service LevelVoice Intercom
AgePost-War
AccessElevator
Year Built2008
Financing Allowed90%
Floors/Apts5/15
Learn More About the Building

Transit and Citi Bike

Subway

Morgan Av
0.3 miles
Central Av
0.36 miles
Jefferson St
0.44 miles
Myrtle Av
0.5 miles

Citi Bike

George St & Wilson Ave
0.02 miles
Central Ave & Melrose St
0.12 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: 654748