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$2,699,999
12 Beds ⋅ 7 Baths ⋅ 1027261 MLS
Exceptional opportunity to acquire a comprehensively renovated, income producing three family property in the heart of Bushwick. 1106 Halsey Street combines immediate cash flow, large modern apartments and additional rental upside in a well-designed building offering significant square feet across three stories on a 20-by-100-foot lot. The building is configured as three substantial residential apartments totaling approximately 11 to 12 bedrooms and seven full bathrooms. Each residence has been modernized with hardwood flooring, high ceilings, generous living areas, contemporary kitchens, stainless-steel appliances, breakfast bars or islands, updated bathrooms, recessed lighting and excellent natural light. Every apartment has its own washer and dryer together with dedicated tenant-controlled central heating and air conditioning highly desirable amenities that help distinguish the property from competing neighborhood rentals. Apartment 1 is the building’s signature residence: an expansive 4-to-5-bedroom, 3-bathroom duplex offering two levels of living space, multiple entrances and exclusive access to the private rear yard. Its size, flexible layout, private outdoor space and in-unit laundry create a highly marketable rental product capable of appealing to tenants seeking the space and functionality of a private home. Apartment 2 is a spacious 3-bedroom, 2-bathroom residence with an open living and dining area, modern kitchen, ample storage, in-unit laundry and independent HVAC controls. Apartment 3 offers four bedrooms and two full bathrooms, along with a bright open layout, high ceilings, hardwood floors, central air and its own washer and dryer. The existing rent roll produces $13,800 per month and $165,600 in annual gross income. Current rents are $4,800 for the duplex, $4,200 for Apartment 2 and $4,800 for Apartment 3. The projected rent schedule totals approximately $15,100 per month or $181,200 annually, presenting roughly $15,600 in potential additional yearly income without adding apartments or undertaking a major repositioning. Located just off Central Avenue in an established section of Bushwick, the property is close to neighborhood restaurants, cafes, grocery stores, nightlife and everyday services. Irving Square Park is nearby, providing a full-block neighborhood park with green space, recreation and a playground. The Halsey Street J station is approximately 0.4 mile away, with additional access to the L line through the surrounding Bushwick transit network, creating convenient connections to Williamsburg, Downtown Brooklyn and Manhattan. With its three unit configuration, oversized bedroom counts, seven bathrooms, private outdoor space, in-unit laundry, independent tenant-controlled HVAC and strong existing income, 1106 Halsey Street offers a compelling combination of current cash flow, tenant-friendly amenities and manageable rental upside. An excellent opportunity for an investor seeking a renovated, stabilized Brooklyn multifamily asset with no major construction program required.

1106 Halsey Street, Brooklyn
$2,250,000
6 Beds ⋅ 4 Baths ⋅ 1005645 MLS
405 Irving presents a rare expression of contemporary Brooklyn living. A newly reimagined brick townhouse where timeless architecture and thoughtful design meet with uncommon restraint and sophistication. The residence unfolds as a beautifully composed two-family offering, pairing an exceptional owner’s duplex with an elegantly appointed garden residence below, creating a seamless opportunity for both elevated living and intelligent investment. Bathed in natural light beneath soaring ceilings and skylights, the upper residence has been meticulously curated with rich natural materials and bespoke details that feel both collected and enduring. A grand custom oak kitchen wrapped in striking Verde Alpi marble serves as the heart of the home, designed equally for intimate evenings and memorable gatherings. Throughout, warmth and scale exist in quiet harmony: restored architectural details, sculptural brass accents, and walls of glass opening gracefully to a private outdoor retreat. The primary suite offers a sanctuary of exceptional proportions, evoking the atmosphere of a boutique hotel hidden somewhere between Manhattan and Milan. Positioned in one of Brooklyn’s most dynamic neighborhoods, moments from transportation and the newly opened Whole Foods, 405 Irving represents an opportunity that extends beyond ownership. It is a home designed not simply to be lived in, but experienced.

405 Irving Avenue, Brooklyn

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.