$3,199,000 $3,400,000
Updated 5 years ago
Off Market

219 Central Ave

Bushwick, Brooklyn | Stockholm Street & Stanhope Street

20 Rooms8 Beds9 Baths3,750 Square FeetMixed Use

$3,199,000 $3,400,000
floors / apts3 / 4
Lot Size25'x75'
Built Size25'x50'
ZoneR6
Building TypeTownhouse
RE Taxes$5,736
Price Per SF
$853

Building Amenities

  • Voice Intercom

Property Description for 219 Central Ave

INVEST IN BUSHWICK~ NEW REHAB CONTRUCTIONS(STUCCO FACADE)MIXED USE ~DESIREABLE LOCATION
NEW GUT RENO. FROM FOUNDATION-ROOFTOP~FREE RENT MARKET PROPERTY
4 UNITS ~ 1 STORE ALL OCCUPIED
LOT SIZE 25 X 75 1875 SQ.FT BUILDING DIMENTIONS 25 X 50 3,750 SQR. FT
EXPENSES:
TAXES: $5,739 PER YR
WATER: $3,000 PER YR
GAS: $2,500 PER YR
ELECTRIC :$1,500
INSURANCE: $4,000
$17,7500 AFTER EXPENSES
INCOME : 157,200
$140K NET
4 UNITS ~2 BEDROOMS / 2 FULL BATHS EACH UNIT 700 SQR FT SYMETRICALY THE SAME LAYOUT ALL NEW SS. APPLIANCES HARDWD FLOORS , HIGH CEILING
EACH UNIT IS PAYING $2,400 PER MONTH
STORE HAS 1800 SQR FT $3500 PER MONTH
ALL NEW ELECTRICAL,PIPES, & LOTS OF UPAGRADES
BLOCK AWAY FROM SUBWAY (MYRTLE AVE ) ALL SHOPPING AND EATERIES IN WALKING DISTANCE

Building Details for 219 Central Ave

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

Transit and Citi Bike

Subway

Central Av
0.19 miles
Knickerbocker Av
0.23 miles
Kosciuszko St
0.38 miles

Citi Bike

Central Ave & Himrod St
0.06 miles
Cedar St & Myrtle Ave
0.13 miles

Contact Agent

Contact Agent

Steven Benshabat
NY Living Solutions

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: 29000TH