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223 Scholes Street
East Williamsburg, Brooklyn | Bushwick Ave & Waterbury Street
20 Rooms6 Beds4.5 Baths3,000 Square FeetMulti-Family
$1,650,000
$1,650,000
Updated 9 years ago
Sold

223 Scholes Street

East Williamsburg, Brooklyn | Bushwick Ave & Waterbury Street

20 Rooms6 Beds4.5 Baths3,000 Square FeetMulti-Family

$1,650,000
floors / apts3 / 3
Lot Size20'1"x100'
Built Size20'x50'
ZoneC1-3/R
Building TypeTownhouse
RE Taxes$6,300
Price Per SF
$550

This property was sold for $1,650,000 on 09/13/17.

Outdoor space and views

  • Backyard
  • Porch

Building Amenities

  • Driveway
  • Laundry Room

Property Description for 223 Scholes Street

HUGE PRICE REDUCTION!!! You won't believe the new price is 1.650mil!!! CORNER BRICK 3-family townhouse is in East Williamsburg, Brooklyn. This property is great for both an end-user who wants to live in while simultaneously collecting strong rental income from the 2 other units, as well as an investor who is interested in sitting back and receiving the strong rental income from the entire property. Come inside the walk-in unit and you'll feel the high 8 ft ceilings right way. The open living-dining room layout leads to the kitchen. Down the hall you have a full bath, laundry room with washer and dryer, and tons of closets for storage. The master bath has an on-suite full bath with a walk-in closet and access to the backyard. Next to the master bedroom is a large BRIGHT second bedroom plus a massive closet. Mint condition parquet flooring throughout the apartment. This unit can produce a rental income of $2500. On the 1st Floor apartment you have the same layout as the lower unit with 2 bedrooms 2 full bathrooms and access to the backyard. This unit can fetch upwards of $3000 as rental income. Enter the 2nd floor and youll enter the sprawling 4 bedrooms 1 bathroom apartment. The sunny living room offers a spacious setup that is adjacent to the modern kitchen. Each bedroom has closets and comfortably fits a queen-sized bed. This apartment can produce $4500 of rental income. The new boiler heats up the 1st and 2nd floor units. The walk-in unit has a separate heating system. This corner townhouse has TWO private parking spots and a fenced in yard. This property will be delivered vacant. Nestled in the crossroads of Williamsburg and Greenpoint, this neighborhood is surrounded by great shops, cafes, and eateries. The L & M train is a short walk away from the Montrose Avenue and Grand Street station, making commute ease. Don't miss this opportunity, Price to SELL! Asking 1.650mil.

Building Details for 223 Scholes Street

OwnershipMulti-Family
Building TypeTownhouse
AgePost-War
AccessWalk-up
Year Built1996
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Montrose Av
0.11 miles
Grand St
0.18 miles
Morgan Av
0.42 miles
Graham Av
0.42 miles

Citi Bike

Bushwick Ave & Stagg St
0.04 miles
Montrose Ave & Bushwick Ave
0.11 miles

Contact Agents

Contact Agents

Leslie Dixon
Bedford Brownstone Realty
Michael Feldman
Bedford Brownstone Realty

East Williamsburg | Brooklyn

Quick Profile

East Williamsburg is a mixed industrial neighborhood in Brooklyn, with many working factories that make everything from beer and wontons to clothing and concrete. You are likely to hear screeching, pounding and the deep thump of industrial machinery throughout the day. East Williamsburg has become a haven for artists and musicians of every description, who are attracted to the large open loft spaces of the converted industrial buildings. The area has attracted a younger crowd of 20- and 30-somethings that are drawn by affordable rents and a generally lower cost of living.

There is a rich history of immigrants from Puerto Rico and Italy, and oddly enough, they chose to settle on opposite ends of Graham Avenue, with the Italians on the north and the Puerto Ricans on the south.

Housing in the area consists of mid-rise apartment buildings, row houses, and public housing complexes. There are also smaller multi-family apartment buildings available. Lofts are becoming more prevalent as the older, abandoned factory buildings come up for sale and are converted into residential properties. 

East Williamsburgfairly pulses with a creative vibe. There are unique shopping venues, numerous tiny coffee shops, interesting restaurants, and cafes, along with food trucks that frequent the area. The grocery stores are affordable and carry a wide variety of goods that appeal to the eclectic tastes of the neighborhood residents.

There is a vibrant bar scene, where you will find mostly local residents imbibing, so it is easy to make friends among your neighbors if you stop in frequently at your favorite watering hole. There are many interesting shops, bars and restaurants tucked in amongst the warehouses and factories. Many do not invest in elaborate signage, so it can be difficult to find some of the best spots. Keep an eye out for hand-painted signs on the sides of buildings with arrows pointing to nondescript, nearly invisible entrances.

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The MEDIAN

Manhattan | August 2023

According to New York City records, the median price for an apartment in Manhattan for the month of August 2023 was $1,150,000.  The price represents a minimal decrease of .02% from the median price of $1,175,000 recorded in August 2022.  The number of apartment sales, however, fell from 1,546 to 1,204 reflecting a year-over-year decreas...

posted on December 8, 2023
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: 53228TH
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