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$1,425,000

Beds
6
Baths
6.0
sq ft
Unknown

1477 Bushwick Ave, Brooklyn, NY 11207

1477 Bushwick Ave

New York City, NY 11207

  • 26 days on market
This 25-foot wide Bushwick six-family rent-stabilized building currently delivers an immediate approximate capitalization rate of over 6% with room to grow to over 8% based on the legally registered rents. With six floor-through apartments and just two apartments per floor, tenants enjoy privacy and ease of access through two entries into each apartment. The entire full-height basement can be used for storage, laundry, recreation, or other additional revenue streams. It can be accessed through the building's common hall or via the private facade entrance in front of the building. The building also boasts a private 37-foot deep backyard that is not currently in use by any tenants and could provide ample revenue opportunities. 1477 Bushwick Avenue is located in the heart of Bushwick among shops, bars, and restaurants. The building is easily accessible via the L, J, and Z subway lines, multiple bus lines, and Citi Bike. *Please consult with your financial advisor regarding this investment opportunity.

Details

Property type

Townhouse

Lot size

Unknown

Price per sq ft

Unknown

Year built

1911

Annual property taxes

$10,656

HOA

No

Price History

01/30/2025
REBNY

REBNY #RLS11031695

Listed
$1,425,000

Schools & Community

Neighborhood: 

Bushwick

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 02/25/2025 at 8:20 PM

Listing updated: 01/30/2025 at 6:03 PM

Listed by: Rita Elizabeth Kee, CORE Group Marketing LLC Phone #: (212) 419-8580

MLS: REBNY #RLS11031695

REBNY logo

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