Skip main navigation
For sale
  • Price cut: $125K (9/10)
    $1,775,000

    554 Central Ave, Brooklyn, NY 11207

    9beds
    3,600sqft
    Loading
    Multi Family
    Built in ----
    -- sqft lot
    $1,729,400 Zestimate®
    $493/sqft
    $-- HOA

    What's special

    Generous interior spaceHigh ceilings throughoutThree full storiesSpacious layoutsImpressive scaleGenerous proportions
    An exciting opportunity to own a substantial three family property in one of Bushwick’s most energetic and sought after neighborhoods! 554 Central Avenue offers approximately 3,600 square feet across three full stories in a vibrant and bustling section of Bushwick. Delivered fully vacant, the property gives you complete flexibility from day one. Each residence offers generous proportions, spacious layouts, and high ceilings throughout, creating comfortable interiors with excellent potential for renovation, rental income, or multigenerational living. The building’s impressive scale places it among the larger properties on this stretch of Central Avenue. Live in one residence while renting the others, establish market rents across all three units, or reposition the entire property according to your vision. The combination of full vacancy, three residential units, generous interior space, and R6 zoning makes this an appealing opportunity for investors and owner occupants alike. Located near Bushwick’s restaurants, nightlife, shopping, and neighborhood businesses, with convenient access to the J and L trains, the home offers space, flexibility, and long-term potential in one of Brooklyn’s most energetic neighborhoods. MLS Approve-No Financial provided due to property is vacant. -sds
    64 days
    267
    9

    Zillow last checked:

    Listing updated:

    Listed by:

    Real Broker NY LLC 718-256-4000,

    Celinda Iaboni 631-786-9603

    Source: BNYMLS,MLS#: 503451MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Natural Gas, Steam/Radiator
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Refrigerator, Stove, Washer
      Features
      • Flooring: Hardwood
      • Basement: Full,Partially Finished,Walk-in
      Interior area
      • Total structure area: 3,600
      • Total interior livable area: 3,600 sqft

      Property

      Parking
      • Parking features: Street, None
      • Has uncovered spaces: Yes
      Features
      • Fencing: Full
      Lot
      • Size: 1,600 Square Feet
      • Dimensions: 80x100
      • Features: Back Yard
      Details
      • Foundation area: 1200
      • Special conditions: Arm's Length

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick, Siding, Wood Frame
      • Foundation: Block
      • Roof: Flat

      Utilities & green energy

      • Electric: Circuit Breakers, Fuses

      Community & HOA

      Community
      • Subdivision: Brooklyn
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $493/sqft
      • Date on market: 8/1/2026
      • Cumulative days on market: 64 days

        Estimated market value

        $1,729,400

        $1.64M - $1.82M

        $4,924/mo

        Price history

        DateEventPrice
        9/10/2026Price change$1,775,000-6.6%$493/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1029842 Report a problem
        7/23/2026Listed for sale$1,900,000$528/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1029842 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Bushwick

        Getting around

        91 / 100
        Walker's Paradise
        82 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts