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5,100 ft²

$284 per ft²

28 rooms

12 beds

6 baths

reported sale

Sold on 11/3/2022

Not yet verified by closing records

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Seller's agents

Licensed Real Estate Broker

Evergreen Realty & Investments

Licensed Real Estate Broker

Evergreen Realty & Investments

This home has been saved by 10 users.

Listing by Evergreen Realty & Investments, Limited Liability Broker, 5825 Myrtle Avenue, Ridgewood, NY 11385

Common charges

Not applicable

Estimated payment

$8,426/mo

Taxes

$737/mo

Tax abatement

No info

About

Seller’s agent

/

Evergreen Realty And Investments

Licensed Real Estate Broker

Evergreen Realty & Investments

Daniel Barcelowsky

Licensed Real Estate Broker

Evergreen Realty & Investments

description

This six-family brick building in Bushwick
features 3 free market units and 3 rentstabilized units. The building area totals 5,100
sq ft and sits on a 2,500 sq ft lot measuring
25’ x 100’. It has the potential to produce a
gross annual income of $141,547.56, with a
cap rate of 8.27%. The building is located just
1 block from the L train at DeKalb Avenue,
convenient to bars, restaurants, and shopping.

Policies

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Home features

  • Private outdoor space

    Garden

Building amenities

Services and facilities

No info on services and facilities

Wellness and recreation

No info on wellness and recreation

Shared outdoor space

  • Courtyard

About the building

1582 Dekalb Avenue

1582 Dekalb Avenue, Brooklyn, NY 11237

Rental building inBushwick

6 units

3 stories

1931 built

Property history

  • Price Change: No changes
  • Days on market: 76 days
DatePriceEvent

11/3/2022

$1,450,000

Sold by Evergreen Realty & Investments

3/21/2022

$1,450,000

In contract

1/4/2022

$1,450,000

Listed by Evergreen Realty & Investments

Past listing photos

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Explore Bushwick

Transit

LocationDistance

Lat DeKalb Av

under 500 feet

Lat Jefferson St

0.21 miles

Mat Knickerbocker Av

0.31 miles

Mat Central Av

0.5 miles

LMat Myrtle Av

0.51 miles

About Bushwick

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

12 beds

$1.2M

Bushwick has seen a lot of change over the years. In the early 1900s, it was known for its thriving distilleries and breweries. After those industries declined, it experienced a long period of blight through the 1970s and 1980s. Now the neighborhood is seeing a renaissance, as artists pushed out of Williamsburg and elsewhere move in and raise property values. Bushwick offers unconventional living spaces: The housing market is full of converted lofts in old factories, sometimes with great access to outdoor space.

Learn more about Bushwick