Updated 3 years ago
Off Market
229 Cooper Street
Bushwick, Brooklyn | Wilson Ave & Knickerbocker Ave
13.5 Rooms5 Beds4.5 Baths2,250 Square FeetMulti-Family
$1,400,000
floors / apts2 / 2
Lot Size18'x100'
Built Size18'x60'
ZoneR6
Building TypeHouse
RE Taxes$7,116
Price Per SF
$622
Outdoor space and views
- Backyard
Property Description for 229 Cooper Street
Welcome to Prime Bushwick, Brooklyn, where an enticing investment opportunity awaits with this 2-family property currently available for sale. Comprising two distinct apartments, this residence offers not only comfortable living spaces but also promising investment benefits.
The first apartment is a well-designed 2-bedroom unit with a home office and two baths, promoting versatility and modern living. Adjacent to it is the second apartment, a spacious 3-bedroom layout with two bathrooms, providing ample space for various living arrangements.
Adding to its appeal, the property includes a parking garage, a coveted amenity in the urban landscape of Brooklyn, providing residents with secure and convenient parking options. The presence of a backyard space further enhances the property's allure, offering a private outdoor retreat for relaxation and entertainment.
Additionally, the property features a basement, adding versatility to the investment potential. This space can be adapted to suit various needs, such as a recreation room, home gym, or extra storage.
One notable investment benefit is the potential for converting the first floor and basement into a duplex, a strategic move that could significantly enhance the property's overall cap rate. This adaptable configuration not only provides additional living space but also opens up opportunities for increased rental income.
Located in the heart of Bushwick, this property not only offers comfortable living but also easy access to the vibrant cultural scene, trendy shops, and diverse dining options that define the neighborhood. The strategic investment potential, coupled with the convenience of parking and outdoor space, makes this 2-family property a compelling opportunity for those looking to invest in a distinctive and flexible living arrangement in one of Brooklyn's most sought-after locales.
The first apartment is a well-designed 2-bedroom unit with a home office and two baths, promoting versatility and modern living. Adjacent to it is the second apartment, a spacious 3-bedroom layout with two bathrooms, providing ample space for various living arrangements.
Adding to its appeal, the property includes a parking garage, a coveted amenity in the urban landscape of Brooklyn, providing residents with secure and convenient parking options. The presence of a backyard space further enhances the property's allure, offering a private outdoor retreat for relaxation and entertainment.
Additionally, the property features a basement, adding versatility to the investment potential. This space can be adapted to suit various needs, such as a recreation room, home gym, or extra storage.
One notable investment benefit is the potential for converting the first floor and basement into a duplex, a strategic move that could significantly enhance the property's overall cap rate. This adaptable configuration not only provides additional living space but also opens up opportunities for increased rental income.
Located in the heart of Bushwick, this property not only offers comfortable living but also easy access to the vibrant cultural scene, trendy shops, and diverse dining options that define the neighborhood. The strategic investment potential, coupled with the convenience of parking and outdoor space, makes this 2-family property a compelling opportunity for those looking to invest in a distinctive and flexible living arrangement in one of Brooklyn's most sought-after locales.
Building Details for 229 Cooper Street
OwnershipMulti-Family
Building TypeHouse
AgePost-War
AccessWalk-up
Year Built2002
Floors/Apts2/2
Transit and Citi Bike
Subway
Wilson Av
0.12 miles
Halsey St
0.37 miles
Citi Bike
Knickerbocker Ave & Moffat St
0.07 miles
Wilson Ave & Moffat St
0.09 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).
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: 93299TH
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