1220 Greene Ave - Multi-Family FOR SALE


Brooklyn, NY 11221- Bushwick
$1,299,000 USD
347-450-3577
1220 Greene Ave, Brooklyn, NY for Sale
$1,299,000 USD
Multi-Family - FOR SALE
1/26
null | Request Cap Rate

1220 Greene Ave
Brooklyn, NY 11221
Bushwick


HIGHLIGHTS

  • New Roof - Installed 5 years ago
  • New Boiler & Hot Water Heater - Installed 5 years ago
  • Possible Condo Conversion
  • Full Basement w/ Separate Entrances
  • Private Fenced Backyard

OVERVIEW

Semi-Detached 2 Family w/ Full Basement & Backyard in Prime Bushwick! Attention investors and end-users! This two family property in Bushwick offers the perfect canvas for your dream townhome or investment property. Potential to convert into Legal 3 family or condo conversion. Located just 2 blocks from the M train (Knickerbocker Ave station) and 6 blocks from the J train (Kosciuszko St), this home is ideally positioned near everything Bushwick has to offer. A 5-minute walk brings you to the local businesses of Knickerbocker Ave and Myrtle Ave. This property has huge upside potential and features: - Two Residential Units with a Full Basement - 1st Floor: 3 Bedrooms, Kitchen, Living Room Full Bathroom, needs some TLC - 2nd Floor: 4 Bedrooms, Kitchen, Living Room, Full Bathroom, needs some TLC - Two fireplaces in each unit - Tall windows and high ceilings for abundant natural light Additional Features: Full basement with 2 separate entrances; 8.5” ceiling height – can be converted into a legal 3 family Potential for condo conversion as well Zoning: R6 with a potential additional 1,540 BSF to expand building’s footprint Fenced backyard with garden Original windows, boiler and hot water heater are 5 years old, roof installed 5 years ago Two electric meters, two gas meters, and gas heating system Bushwick is brimming with endless advantages: art galleries, Maria Hernandez Park, trendy bars, renowned restaurants, and an organic farmers market every Saturday. Building: 20 x 53 ft Lot: 20 x 100 ft Zoning: R6 FAR: 1.66; Max FAR: 2.43 1540 additional BSF Taxes: $2,762 Don’t miss out on this prime Bushwick opportunity Reach out TODAY to Schedule a Showing! Jessie Lookfong 631-408-8918 Capri Jet Realty 718-388-2188 *Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.

FOR SALE DETAILS

PRICE

$1,299,000 USD

PRICE/SF

$391 USD /SF

# OF UNITS

2

PRICE/UNIT

$649,500

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1901

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R6

APN/PARCEL ID

03296-0044

ASK ABOUT THIS PROPERTY

Robert NapolitanoCapri Jet RealtyMore Info
347-450-3577

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Robert NapolitanoCapri Jet RealtyMore Info
347-450-3577

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.