$1,179,000
Updated 3 years ago
Sold

168 Bleecker Street

Bushwick, Brooklyn | Central Ave & Wilson Ave

6 Baths4,875 Square FeetMulti-Family

$1,179,000
floors / apts3 / 6
Lot Size25'x100'
Built Size25'x65'
ZoneR6
Building TypeTownhouse
RE Taxes$8,975
Price Per SF
$242

This property was sold for $1,120,000 on 11/20/23.

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom

Property Description for 168 Bleecker Street

CALLING ALL INVESTORS LOOKING FOR STABLE CASH FLOW!! LOCATED IN THE EMERGING AND RAPIDLY GENTRIFYING AND APPRECIATING CENTRAL BUSHWICK NEIGHBORHOOD OF BROOKLYN. BACK ON THE MARKET WITH 2 NEWLY RENOVATED UNITS AND HIGHER RENT ROLL THIS ALL-BRICK GEM IS WELL RUN AND IMPECCABLY MAINTAINED. THE 3 STORY BUILDING PROVIDES 6 SPACIOUS 2 BEDROOM UNITS WITH CENTER LINE PLUMBING. ZONED R6, THE PROPERTY IS AN OPPORTUNITY FOR A VALUE-ADD MULTIFAMILY GENERATIONAL INVESTOR TO ACQUIRE A CASH FLOWING PROPERTY IN A HIGHLY DESIRABLE AND CENTRALLY LOCATED BROOKLYN NEIGHBORHOOD. FULLY OCCUPIED WITH ALL TENANTS PAYING RENTS IN FULL AND ON TIME. DRIVE BY SHOWINGS ONLY.

Listing History for 168 Bleecker Street

Now
11/20/2023
$1,120,000
Sold and Closed by Tracy Gilyutin
Rockaway Properties
06/30/2023
Contract Signed by Tracy Gilyutin
Rockaway Properties

Building Details for 168 Bleecker Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
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 Ave & Myrtle Ave
0.14 miles

Contact Agent

Contact Agent

Tracy Gilyutin
Rockaway Properties

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: 86123TH