Updated 6 days ago
Bushwick, Brooklyn | Central Ave & Wilson Ave
4,875 Square FeetMulti-Family

$1,089,000
floors / apts3 / 6
Lot Size25'x100'
Built Size25'x65'
ZoneR6
Building TypeHouse
RE Taxes$6,337
Price Per SF
$223

Outdoor space and views

  • Backyard

Property Description

Investors Delight!!! Great opportunity to acquire long term rent stabalized property with steady cash flow in the desirable neighborhood of Central Bushwick in Brooklyn, NY. 4,875 square feet of living space on a 25x100 lot, this 3 story brick beauty offers 6 spacious 2 bedroom railroad style units with center line plumbing. Hardwood floors throughout and private backyard. Fully occupied, all tenants pay their rent in full and on time each month. Being sold as is. Act quick, motivated seller!

Listing History

Now
06/13/2022
Back on the Market by Tracy Gilyutin
Rockaway Properties
05/26/2022
Contract Signed by Tracy Gilyutin
Rockaway Properties

Building Details

OwnershipMulti-Family
Building TypeHouse
AccessWalk-up
Year Built1931
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

Knickerbocker Av
0.14 miles
Myrtle-Wyckoff Avs
0.42 miles
Central Av
0.42 miles

Citi Bike

Menahan St & Central Ave
0.08 miles
Greene Av & Myrtle Av
0.14 miles

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). 

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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: 86123TH