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229 Central Ave 2 Unit Apartment Building For Sale 7.50% Cap Rate Brooklyn, NY 11221
Investment Highlights
- Located on a high-traffic corridor in the Prime Bushwick area, ensuring strong visibility and foot traffic.
- Just two blocks from Knickerbocker Ave and Central Ave M subway stations and only one block from busy Myrtle Ave.
Executive Summary
Mixed use building - good part of Bushwick!
Commercial is around 1500 square feet.
Two apartments upstairs.
Check it out today.
Commercial is around 1500 square feet.
Two apartments upstairs.
Check it out today.
Property Facts
| Sale Type | Investment or Owner User | Lot Size | 0.05 AC |
| Cap Rate | 7.50% | Building Size | 3,750 SF |
| No. Units | 2 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1931 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R6 - Medium density residential district | ||
| Sale Type | Investment or Owner User |
| Cap Rate | 7.50% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 3,750 SF |
| No. Stories | 3 |
| Year Built | 1931 |
| Opportunity Zone |
Yes |
| Zoning | R6 - Medium density residential district |
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Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 03266-0005 | Improvements Assessment | $61,980 |
| Land Assessment | $6,840 | Total Assessment | $68,820 |
Property Taxes
Parcel Number
03266-0005
Land Assessment
$6,840
Improvements Assessment
$61,980
Total Assessment
$68,820
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229 Central Ave