Brooklyn, NY 11221,1059 GREENE Avenue
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Listing Courtesy of Corcoran Group
$ 2,699,000
Est. payment /mo
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Active

1059 GREENE Avenue Brooklyn, NY 11221

8 Beds

8 Baths

2,650 SqFt


UPDATED:

10/31/2024 11:12 PM

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,650 sqft

Price per Sqft $1,018

Subdivision Bushwick

MLS Listing ID RPLU-33423238530

Bedrooms 8

Full Baths 8

HOA Y/N No

Year Built 1920

Property Description

Welcome to 1059 Greene Avenue, a stunning and newly renovated 3-family property in the vibrant neighborhood of Bushwick, Brooklyn. This multi-family home presents an excellent investment opportunity for buyers seeking both a high-potential income property and a prime location within one of Brooklyn's most sought-after areas.

Key Features:
Newly Renovated: The property has undergone an extensive renovation, showcasing modern upgrades and high-quality finishes throughout. From the facade to the interiors, no detail has been spared, providing a turnkey solution for future occupants or tenants.

3 Spacious Units: The building comprises three spacious and distinct units, each offering a comfortable living space and ample natural light. The layout is ideal for multi-generational families, investors, or live-and-rent scenarios.
Income Potential: $163,100 NOI and 5.6% Cap rate. This property offers a unique opportunity to generate rental income, making it an attractive investment option for savvy buyers looking to capitalize on the robust rental market in Bushwick.
Prime Location: Situated in the heart of Bushwick, this property is conveniently located near an array of trendy cafes, restaurants, boutiques, and art galleries. Commuting is a breeze with easy access to public transportation, including subway lines and bus routes.

Outdoor Space: The property may feature a backyard, rooftop deck, or balconies, providing residents with a private outdoor oasis to relax and unwind.

Proximity to Amenities: Residents will enjoy proximity to parks, schools, healthcare facilities, and supermarkets, ensuring convenience and comfort in their daily lives.

Don't Miss Out:
This newly renovated 3-family property offers an ideal blend of modern living and investment potential in one of Brooklyn's most exciting neighborhoods. Whether you're an investor looking for a lucrative income property or a homeowner seeking additional rental income, 1059 Greene Avenue is a must-see.

Location

State NY

County Kings

Rooms

Basement Other

Ensuite Laundry In Unit

Interior

Laundry Location In Unit

Fireplace No

Laundry In Unit

Exterior

View Y/N No

View Other

Porch None

Private Pool No

Building

Dwelling Type Townhouse

Story 3

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Special Listing Condition Standard

Pets Description Building Yes, No


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1059 GREENE Avenue