1059 GREENE Avenue, New York City, NY 11221

  • $2,699,000
Active
1059 GREENE Avenue, New York City, NY 11221
  • $2,699,000

Overview

Property ID: RPLU-33423238530
  • Townhouse, Residential
  • Property Type
  • 8
  • Bedrooms
  • 8
  • Bathrooms
  • 2650
  • Square Feet
  • 1920
  • Year Built

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.

Details

Updated on October 31, 2024 at 7:12 pm
  • Property ID: RPLU-33423238530
  • Price: $2,699,000
  • Property Size: 2650 Square Feet
  • Bedrooms: 8
  • Rooms: 17
  • Bathrooms: 8
  • Garage Size: x x
  • Year Built: 1920
  • Property Type: Townhouse, Residential
  • Property Status: Active

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Jerry Wang
  • Jerry Wang