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Off market
  • $3,677,300

    95 Garage Central Ave, Brooklyn, NY 11206

    18beds
    7,548sqft
    MultiFamily
    Built in 2020
    -- sqft lot
    $3,677,300 Zestimate®
    $487/sqft
    $3,778 Estimated rent

    Home value

    $3,677,300

    $3.05M - $4.45M

    $3,778/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $3,778/mo

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    $3,778/mo

    Rent Zestimate®

    Refinance and save

    $22,192/mo

    Est. payment

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    $22,192/mo

    Est. payment

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    What's special

    Setup Sheet Upon Request Introducing 95 Central Avenue, Your Gateway to Exceptional Investment in Bushwick, New York! Nestled in the heart of one of Brooklyn's most vibrant neighborhoods, 95 Central Avenue presents a rare and exciting opportunity for savvy investors. This stunning 9-family property with an active tax abatement in place is the epitome of modern urban living and smart financial planning. With an estimated completion date set for Winter 2024, this property offers a unique chance to secure your slice of Brooklyn's thriving real estate market. **Prime Location**: Situated in the dynamic Bushwick neighborhood, 95 Central Avenue enjoys proximity to trendy restaurants, artisanal cafes, vibrant street art, and excellent public transportation options, making it a prime destination for tenants seeking the ultimate Brooklyn experience. **Nine Units**: This expansive property boasts a total of nine spacious and thoughtfully designed units, offering versatility to attract a diverse range of tenants, from singles to families. **Tax Abatement**: Take advantage of an active tax abatement that can significantly reduce your property taxes, ensuring a favorable return on investment. Enjoy the benefits of long-term savings while reaping the rewards of Bushwick's appreciating real estate market. Can also be delivered without a tax abatement **Modern Design**: The development showcases contemporary architecture and design, providing stylish and comfortable living spaces that meet the demands of today's discerning renters. **Investor-Friendly**: With nine units, this property offers multiple income streams, maximizing your potential returns. Plus, the demand for housing in Bushwick remains strong, ensuring consistent occupancy and rental income. **Projected Completion by Winter 2024**: Be among the first to secure a spot in this exciting development, with an estimated completion date that aligns perfectly with the growing demand for housing in the area. .**Investment Growth**: Bushwick's real estate market has been on a steady upward trajectory, offering excellent long-term appreciation potential for investors looking to diversify their portfolio. **Local Amenities**: Enjoy easy access to an array of amenities, including parks, shopping centers, and cultural attractions, ensuring that your tenants have everything they need within reach. **Community and Culture**: Immerse yourself in Bushwick's unique blend of culture and creativity, as you become part of a community that celebrates the arts, music, and culinary delights. These developers set out to craft an exceptional offering that outshines its local competition. With this goal in mind, every unit has been designed to perfection, featuring generous ceiling heights, expansive floor-to-ceiling windows, elegant wide plank oak flooring, in-unit washer/dryer facilities, central air conditioning, quartz countertops in the kitchens, recessed lighting, tankless water heaters, and a cutting-edge virtual doorman. The cost of hot water and heating falls to the tenants, ensuring remarkably low utility expenses for property owners. Most units grant residents exclusive access to their own private outdoor areas, while the undeveloped rooftop presents an opportunity to transform it into a shared rooftop deck for all to enjoy. In summary, 95 Central Avenue represents a remarkable investment opportunity in one of Brooklyn's most sought-after neighborhoods. With a tax abatement in place, modern design, and a projected completion date in Winter 2024, this 9-family property offers a strategic and lucrative addition to your real estate portfolio. Don't miss out on your chance to be part of the vibrant Bushwick community while enjoying the financial benefits of smart real estate investment. Act now and secure your future in this thriving Brooklyn enclave!

    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: 18
    • Bathrooms: 9
    • Full bathrooms: 8
    • 1/2 bathrooms: 1
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Interior area
    • Total interior livable area: 7,548 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 2020

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $487/sqft

    Price history

    DateEventPrice
    6/30/2024Listing removed$4,150,000$550/sqft
    Source: StreetEasy #1681407 Report a problem
    1/15/2024Price change$4,150,000-2.4%$550/sqft
    Source: StreetEasy Report a problem
    12/6/2023Price change$4,250,000+3.7%$563/sqft
    Source: StreetEasy Report a problem
    11/16/2023Price change$4,100,000-10.9%$543/sqft
    Source: StreetEasy Report a problem
    10/10/2023Price change$4,600,000-3.2%$609/sqft
    Source: StreetEasy Report a problem
    10/4/2023Listed for sale$4,750,000$629/sqft
    Source: StreetEasy Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Bushwick

    Nearby schools

    GreatSchools rating