$1,300,000
Updated 3 years ago
Off Market

222 Moffat Street

Bushwick, Brooklyn | Central Ave & Wilson Ave

11 Rooms7 Beds3 Baths2,200 Square FeetMulti-Family

$1,300,000
floors / apts3 / 2
Lot Size20'x100'
Built Size20'x55'
ZoneM1-1
Building TypeTownhouse
RE Taxes$4,030
Price Per SF
$591

Outdoor space and views

  • Backyard [10'x20']
  • Garden [40'x20']

Building Amenities

  • Garden

Property Description for 222 Moffat Street

Priced to sell, this bay windowed brick multi-fam at 222 Moffat is worthy of your consideration, whether you're looking for an investment property or primary residence with rental income. This home generates a 5.6 cap and grosses $7,450 per month. Given that two of the three tenants are month-to-month, the buyer enjoys both optionality and steady predictable cash flow, Day 1. Note: Property will be delivered as-is, with existing tenancy. Tenants are ~near market and in good standing. There are no buildings behind your home – ensuring a truly private south-facing backyard. The top floor features three bedrooms, a home office, galley kitchen, windowed bath, and a sky-lit staircase. The parlor floor boasts also three beds and the windowed bath as well. The kitchen opens to the yard and features and eat in peninsula. The garden unit, upon entry has a front-to-back 55' sightline – the entire depth of the building. A windowed kitchen with an open floor plan features an island with seating for four. Lines of sight to the living room let you converse with your guests while you prepare dinner. This renovated home features modern touches throughout: granite counters, recessed lighting, and stainless steel appliances. The Wilson L is seconds away around the corner, literally 6 doors down. Also within a one-block radius is your local deli, supermarket and Citibike. The dead end at Wilson and Moffat reduces car traffic on your block, making this one of the quieter tree-lined streets in Bushwick. This superior curb appeal elevates your home value and serenity quotient. Bushwick's burgeoning food, arts and culture scene has long since come into its own, as evidenced by its world-class nightlife district. Eat, drink and dance at nearby Nowadays. Enjoy libations and live music at Purgatory. Local parks and greenspace include Irving Square Park, Tiger and Evergreen Playgrounds. Contact the listing agent for an appointment. ###

Building Details for 222 Moffat Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Wilson Av
0.07 miles
Bushwick Av-Aberdeen St
0.38 miles
Chauncey St
0.47 miles

Citi Bike

Wilson Ave & Moffat St
0.05 miles
Central Ave & Decatur St
0.14 miles

Contact Agents

Contact Agents

Licensed As
Steve A. Sallion
Associate Broker
License#:
10301208698
Company:
Daniel Gale Sotheby's International Realty
Steve Sallion
Daniel Gale Sotheby's International Realty
Michael Kawochka
Daniel Gale Sotheby's International Realty

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: 82360TH