$1,450,000
Updated 5 years ago
Sold

1129 Decatur Street

Bushwick, Brooklyn | Evergreen Ave & Central Ave

9 Beds4 Baths2,700 Square FeetMulti-Family

$1,450,000
floors / apts3 / 2
Lot Size20'x100'
Built Size20'x45'
ZoneR6
Building TypeTownhouse
RE Taxes$3,929
Price Per SF
$537

This property was sold for $1,438,000 on 06/24/21.

Outdoor space and views

  • Backyard
  • Deck

Building Amenities

  • Gated Entry
  • Outdoor Parking
  • Stoop Entry

Property Description for 1129 Decatur Street

An Investor's Dream: A Fully-Leased Townhouse in Prime Bushwick with guaranteed rent, great CAP and incredible upside. The rent roll on this property confirms no vacancies and no rent concessions for the last 16 months. This beautiful home has two duplex apartments, with four floors totaling 3600SF; the house is 20×45, sits on a 20×100 lot and has 2,160SF of unused FAR; it features all new plumbing, electrical, central air conditioning/heat, and gas boilers along with recently renovated four bathrooms and two full kitchens with stainless steel appliances and granite countertops. The building's attractive brick facade was redone in 2014, and the roof was redone the year after. Additional upgrades to the home include: solar panels, a top floor skylight, a mudroom, four decorative brick fireplaces, floor-to-ceilings French doors leading to an expansive custom 300SF deck, sunny manicured backyard, all custom steel work for the windows, the lower level entry and for the oversized basement door, brand new oak hardwood floors throughout, custom walk-in closets, tin ceilings, and all energy-efficient appliances, including a vented washer-drier. Perfectly located in prime Bushwick, this property sits on a tree lined street, a few minutes from the L, J, and Z trains, and it's surrounded by Citibikes stations, parks, schools, delis, local coffee shops and restaurants.

Listing History for 1129 Decatur Street

Now
06/25/2021
$1,438,000
Sold and Closed by Fabrizio Uberti Bona
Corcoran
04/05/2021
Contract Signed by Fabrizio Uberti Bona
Corcoran

Building Details for 1129 Decatur Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1925
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Wilson Av
0.27 miles
Chauncey St
0.34 miles
Bushwick Av-Aberdeen St
0.39 miles
Halsey St
0.41 miles

Citi Bike

Central Ave & Decatur St
0.07 miles
Central Ave & Covert 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: 54689TH