552 Central Avenue in Bushwick is a renovated CORNER building with 4 free-market apartments over a corner deli and 2 garage spaces in the rear. The apartments are all 2-bedroom units and are fully occupied. The deli has a lease till 2026 and the garages are occupied with M-M leases. Each unit is separately metered for heat and hot water. The building is currently grossing $145,367 with an NOI of $124,513 resulting in a current 6% CAP at the deal price. This property is well maintained and located within walking distance of the J Subway at Halsey Street as well as the L Subway at Wilson Avenue.
Off market
$2,150,300
552 Central Ave APT 4, Brooklyn, NY 11207
8beds
4,000sqft
MultiFamily
Built in 1906
-- sqft lot
$2,150,300 Zestimate®
$538/sqft
$5,179 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 4,000 sqft
Property
Lot
- Size: 1,600 sqft
Details
- Parcel number: 034030033
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1906
Community & neighborhood
Location
- Region: Brooklyn