1440 Dekalb AVE, Bushwick, NY 11237 - MLS#3551477

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Anthony Crews

anthony@atcrewsnyc.com +1(917) 702-1951

$1,298,000

Est. payment - /mo

12 Beds

6 Baths

2,613 Sqft Lot

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UPDATED:

08/12/2024 11:51 PM

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

Originating Board onekey

Rental Info No

Year Built 1931

Annual Tax Amount $8,229

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 25x100

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

Basement Full

Kitchen 6

Interior

Heating Natural Gas, Hot Water

Cooling None

Fireplace No

Exterior

Garage On Street

Parking Type On Street

Garage false

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

Senior Community No

Special Listing Condition None

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Listed by Prime America Real Estate Inc • 347-725-3142

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Anthony Crews

+1(917) 702-1951

Broker

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1440 Dekalb AVE Bushwick, NY 11237

Anthony Crews

Anthony Crews

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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