1440 Dekalb AVE Active Save Request In-Person Tour Request Virtual Tour
Bushwick,NY 11237
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3551477
Style Apartment
Bedrooms 12
Full Baths 6
Year Built 1931
Annual Tax Amount $8,229
Lot Size 2,613 Sqft
Property Description
Welcome to 1440 Dekalb Avenue, an exceptional investment opportunity nestled in the vibrant heart of Bushwick, New York. This captivating 6-family classic brick building, spanning an impressive 6,800 sqft across three stories plus basement, stands as a testament to timeless elegance and potential. With its desirable R6, C1-3 zoning, this property not only offers immediate returns from its stable tenant base but also presents exciting prospects for future development. Investors can explore the possibilities of utilizing additional air rights, expanding the existing structure, or converting floors and the basement into lucrative commercial spaces. Each floor of this meticulously maintained building comprises two thoughtfully designed apartments, all rent-stabilized and featuring spacious layouts with three bedrooms, a full bath, a kitchen, and a generous living room area. The basement further adds to the property's appeal, providing ample space for customization or additional amenities. Beyond its inherent charm and lucrative potential, 1440 Dekalb Avenue benefits from its prime location, offering convenient access to public transportation options including the nearby L train at Dekalb Station and local bus routes, ensuring seamless connectivity to the rest of the city. Moreover, At $191 per sqft, this property represents a compelling opportunity to invest in Bushwick's rich history while simultaneously shaping its future. Whether you're a seasoned investor seeking immediate returns or looking to capitalize on the neighborhood's burgeoning commercial hubs in nearby East Williamsburg, 1440 Dekalb Avenue offers limitless possibilities for growth and prosperity. Don't miss your chance to become part of Bushwick's dynamic landscape.
Location
State NY
County Brooklyn
Zoning R6, C1-3
Rooms
Kitchen 6
Interior
Heating Natural Gas,Hot Water
Cooling None
Exterior
Garage On Street
Building
Lot Description Historic District,Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Ps 106 Edward Everett Hale
Middle Schools Academy For Environmental Ldship
High Schools Academy Of Urban Planning-Engineerin
School District Brooklyn 32
Others
Special Listing Condition None