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$1,900,000
9 Beds 2 Baths 1029842 MLS
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, cafés, 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.

554 Central Avenue, Brooklyn

$1,180,000
8 Beds 3 Baths 896346 MLS
**– Income-Producing Property (Subject to Court Approval)** Strong value-add opportunity for a multi-unit asset with upside potential. Ideal for buy-and-hold, rental optimization, or portfolio expansion. All property details are subject to independent verification by the buyer and their representative. **Sale is contingent upon third-party court approval (not a short sale).** **Property Layout:** * **1st Floor – Apt 1F:** 2 bedrooms, living room/kitchen combination, full bathroom * **1st Floor – Apt 1B:** 2 bedrooms, living room, kitchen, full bathroom * **2nd Floor:** 4 bedrooms, living room, dining room, kitchen, full bathroom **Investment Highlights:** * Multi-unit configuration with strong rental potential * Full finished basement – additional usable space * Shared driveway access * Detached 2-car garage (roof replaced in 2021) * Opportunity to increase rents and maximize NOI **Showing Instructions (Strictly Enforced):** * Do not approach or question tenants under any circumstances * All inquiries must be directed to the listing broker * Buyers must be accompanied by their agent—no exceptions * All visitors must sign in prior to entry * Shoes must be removed when entering the 1st and 2nd floors **Important:** Any attempt to bypass listing procedures or contact tenants directly may result in denied access and reporting to MLS. Serious, Proof of funds recommended with all offers.

568 Drew Street, 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.