Updated 11 hours ago

661 Central Ave

Bushwick, Brooklyn | Decatur Street & Cooper Street

6,221 Square FeetMixed Use

$2,399,999
floors / apts3 / 4
Lot Size25'x100'
ZoneM1-1
Building TypeLow-Rise
RE Taxes$5,856
Price Per SF
$386

Building Amenities

  • Voice Intercom

Property Description for 661 Central Ave

661 Central Ave is a free-market mixed-use investment opportunity in the heart of Bushwick. This corner property features 2 commercial units and 4 residential units, offering strong in-place income with significant upside through renovation and potential future reconfiguration. The asset is well positioned near local retail corridors, neighborhood amenities, and convenient access to the Wilson Ave and Chauncey St subway stations. With attractive existing cash flow, value-add potential, and a highly sought-after Brooklyn location, this is a compelling opportunity for investors seeking both current income and long-term growth.

Listing History for 661 Central Ave

Now
06/04/2026
$2,399,999
Initial Price by Luis E. Alvarez
eXp Realty BKNY
Launch

Building Details for 661 Central Ave

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1906
Floors/Apts3/4
Learn More About the Building

Contact Agent

Contact Agent

Licensed As
Luis E. Alvarez
Associate Broker
License#:
10301216086
Company:
eXp Realty BKNY
View this property on the company's website

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: 106590TH