$4,250,000
Updated 2 years ago
Off Market

95 Central Ave

Bushwick, Brooklyn | Jefferson Street & Troutman Street

36 Rooms17 Beds10.5 Baths7,548 Square FeetIncome Property

$4,250,000
floors / apts5 / 9
ZoneR6
Building TypeLow-Rise
RE Taxes$18,370
Price Per SF
$563

Building Amenities

  • Virtual Doorman
  • Elevator

Property Description for 95 Central Ave

Setup Sheet Upon Request Introducing 95 Central Avenue, Your Gateway to Exceptional Investment in Bushwick, New York! Nestled in the heart of one of Brooklyn’s most vibrant neighborhoods, 95 Central Avenue presents a rare and exciting opportunity for savvy investors. This stunning 9-family property with an active tax abatement in place is the epitome of modern urban living and smart financial planning. With an estimated completion date set for Winter 2024, this property offers a unique chance to secure your slice of Brooklyn’s thriving real estate market. Prime Location : Situated in the dynamic Bushwick neighborhood, 95 Central Avenue enjoys proximity to trendy restaurants, artisanal cafes, vibrant street art, and excellent public transportation options, making it a prime destination for tenants seeking the ultimate Brooklyn experience. Nine Units : This expansive property boasts a total of nine spacious and thoughtfully designed units, offering versatility to attract a diverse range of tenants, from singles to families. Tax Abatement : Take advantage of an active tax abatement that can significantly reduce your property taxes, ensuring a favorable return on investment. Enjoy the benefits of long-term savings while reaping the rewards of Bushwick’s appreciating real estate market. Can also be delivered without a tax abatement Modern Design : The development showcases contemporary architecture and design, providing stylish and comfortable living spaces that meet the demands of today’s discerning renters. Investor-Friendly : With nine units, this property offers multiple income streams, maximizing your potential returns. Plus, the demand for housing in Bushwick remains strong, ensuring consistent occupancy and rental income. Projected Completion by Winter 2024 : Be among the first to secure a spot in this exciting development, with an estimated completion date that aligns perfectly with the growing demand for housing in the area. . Investment Growth : Bushwick’s real estate market has been on a steady upward trajectory, offering excellent long-term appreciation potential for investors looking to diversify their portfolio. Local Amenities : Enjoy easy access to an array of amenities, including parks, shopping centers, and cultural attractions, ensuring that your tenants have everything they need within reach. Community and Culture : Immerse yourself in Bushwick’s unique blend of culture and creativity, as you become part of a community that celebrates the arts, music, and culinary delights. These developers set out to craft an exceptional offering that outshines its local competition. With this goal in mind, every unit has been designed to perfection, featuring generous ceiling heights, expansive floor-to-ceiling windows, elegant wide plank oak flooring, in-unit washer/dryer facilities, central air conditioning, quartz countertops in the kitchens, recessed lighting, tankless water heaters, and a cutting-edge virtual doorman. The cost of hot water and heating falls to the tenants, ensuring remarkably low utility expenses for property owners. Most units grant residents exclusive access to their own private outdoor areas, while the undeveloped rooftop presents an opportunity to transform it into a shared rooftop deck for all to enjoy. In summary, 95 Central Avenue represents a remarkable investment opportunity in one of Brooklyn’s most sought-after neighborhoods. With a tax abatement in place, modern design, and a projected completion date in Winter 2024, this 9-family property offers a strategic and lucrative addition to your real estate portfolio. Don’t miss out on your chance to be part of the vibrant Bushwick community while enjoying the financial benefits of smart real estate investment. Act now and secure your future in this thriving Brooklyn enclave!

Building Details for 95 Central Ave

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVirtual Doorman
AgePost-War
AccessElevator
Year Built2024
Floors/Apts5/9
Learn More About the Building

Transit and Citi Bike

Subway

Central Av
0.21 miles
Myrtle Av
0.41 miles
Morgan Av
0.43 miles

Citi Bike

Central Ave & Starr St
0.06 miles
Central Ave & Melrose St
0.07 miles

Contact Agents

Contact Agents

Annael Kamar
Nest Seekers International
Licensed As
Bianca D'Alessio
Associate Broker
License#:
10301219609
Company:
Nest Seekers International
Bianca D'Alessio
Nest Seekers International
Elan Benjamin
Nest Seekers International

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: 93553TH