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Off market
  • $2,090,100

    552 Central Ave APT 4, Brooklyn, NY 11207

    8beds
    4,000sqft
    MultiFamily
    Built in 1906
    -- sqft lot
    $2,090,100 Zestimate®
    $523/sqft
    $3,780 Estimated rent

    Home value

    $2,090,100

    $1.90M - $2.30M

    $3,780/mo

    Zestimate® history
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    Owner options

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    $3,780/mo

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    $3,780/mo

    Rent Zestimate®

    Refinance and save

    $10,090/mo

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    $10,090/mo

    Est. payment

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    What's special

    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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    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 Square Feet
    Details
    • Parcel number: 034030033

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1906

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $523/sqft
    • Tax assessed value: $970,000
    • Annual tax amount: $7,207

    Price history

    DateEventPrice
    10/15/2021Sold$1,998,000-3.7%$500/sqft
    Source: Public Record Report a problem
    2/9/2020Listing removed$2,075,000$519/sqft
    Source: NBG Dev LLC Report a problem
    10/3/2019Price change$2,075,000-7.8%$519/sqft
    Source: NBG Dev LLC Report a problem
    5/30/2019Listed for sale$2,250,000+60.7%$563/sqft
    Source: NBG Dev LLC Report a problem
    8/23/2016Sold$1,400,000+250%$350/sqft
    Source: Public Record Report a problem
    11/13/2009Sold$400,000$100/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,207 +7.4%$436,500 +20%
    2024$6,710 $363,600 +4.1%
    2023-- $349,200 +2.4%
    2022-- $341,100 +8.6%
    2021-- $314,100 +13.4%
    2020$5,559 +8%$277,020
    2019$5,149 $277,020 +624.3%
    2018-- $38,244 +7.9%
    2017$4,508 -1.3%$35,445
    2016$4,566 $35,445 +3.4%
    2015$4,566 +66.2%$34,282 +8%
    2014$2,747 $31,757
    Find assessor info on the county website

    Neighborhood: Bushwick

    Nearby schools

    GreatSchools rating