488 Central Avenue

488 Central Ave
Bushwick

$1,699,995
Price
7
Beds
4
Baths
4,018 Sq. Ft.
$423 / Sq. Ft.
4,018
Sq. Ft.
$423
per Sq. Ft.

Description

Please inquire direct with the listing agent (Mark Martov- Corcoran Group) for more information on a 5.75% mortgage with only 10% down exclusively for this property. Welcome to 488 Central Avenue, a contemporary multi-family property in the highly desirable Bushwick neighborhood of Brooklyn. Constructed in 2003, this three-story building features a flexible layout with three residential units and the added convenience of deeded parking. The property boasts over 3,015 square feet of living space,...Please inquire direct with the listing agent (Mark Martov- Corcoran Group) for more information on a 5.75% mortgage with only 10% down exclusively for this property. Welcome to 488 Central Avenue, a contemporary multi-family property in the highly desirable Bushwick neighborhood of Brooklyn. Constructed in 2003, this three-story building features a flexible layout with three residential units and the added convenience of deeded parking. The property boasts over 3,015 square feet of living space, plus an additional 1,004 square feet of finished windowed basement space, complete with a large recreation area, ample storage, and a spacious great room ideal for entertaining. The highlight of this property is the first-floor owner's duplex, which includes a private backyard and deeded parking. This generous unit offers three bedrooms, an office, and three full bathrooms, providing both comfort and functionality. The ground floor features a spacious bedroom, a well-designed kitchen, and an open living and dining area. The upper level continues with additional bedrooms and bathrooms, ensuring ample privacy and convenience. The second unit spans the parlor and second floors and includes a primary bedroom with access to a private balcony, adding a charming outdoor retreat. The third-floor unit features a well-proportioned living and dining area, a fully equipped kitchen, three bedrooms, and a full bathroom-making it an excellent choice for families or as additional rental income. Each unit is meticulously designed to maximize space, making 488 Central Avenue a prime opportunity for both homeowners and investors. Situated in a highly sought neighborhood, you'll enjoy easy access to local transit options, including the J, M, and L subway lines, and be immersed in Bushwick's vibrant arts, dining, and cultural scene. This property offers a strong investment opportunity for both investors and homeowners, allowing them to offset the mortgage through multiple rental income streams.

Property Details for 488 Central Avenue

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LISTING UPDATED: 11/10/2024 09:39 AM

Property Details for 488 Central Avenue

StatusActive
MLS IDRPLU-33423184355
Days on Market64
Taxes$735 / month
Maintenance-
Min. Down Pymt-
Total Rooms14.0
Compass TypeMulti Family
MLS TypeHouse/Building
Year Built2003
Lot Size2,117 SF / 100' x 21'
CountyKings County

Building

488 Central Ave

3 Units2 StoriesBuilt in 2003

Building Information for 488 Central Avenue

Stories2Residences3Year Built2003Building Size21.17' x 47.46'Building Sq. Ft2,009.46 SFLot Size2,117 SF / 100' x 21'Building Age-Building Type-

Property Information for 488 Central Avenue

Summary
Location and General Information
  • Subdivision Name: Bushwick
  • Stories Total: 2
  • Garage Spaces: 0.0
  • View: No
Taxes and HOA
  • Tax Lot: 0138
  • Tax Block: 03375
  • Flip Tax: $0
  • Building Tax Lot: 0138
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Building Area Total: 1004.73
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 100.00x21.17
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: Other
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: None
  • New Construction: No
  • Structure Type: Townhouse
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Patio And Porch Features: None
Interior Features
  • Entry Level: 1
  • Fireplace: No
  • Floor Number: 1
  • Basement: Yes
  • Cooling: No
  • ElevatorsTotal: 0
  • Size Dimensions: 47.46x21.17
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Delivered Vacant: Yes
  • Attendance Type: None
  • Land Lease: No

Property History for 488 Central Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 488 Central Avenue

Taxable ValueLand$14,160Additions$59,640Total$73,800
Home Facts
Total Finished SqFt3,015 SqFtLot Size2,117 SqFtYear Built2003ZoningR6APN3033750138

Schools near 488 Central Avenue

This home is within Nyc Geog District #32 - Brooklyn.
Rating
School
Type
Grades
Distance
P.S. 106 Edward Everett Hale
Public - PK to 5
Jhs 291 Roland Hayes
Public - 6 to 8
Bushwick Community High School
Public - 9 to 12
P.S. 377 Alejandina B De Gautier
Public - PK to 5
Rating
School
Distance
P.S. 106 Edward Everett Hale
PublicPK to 5

Jhs 291 Roland Hayes
Public6 to 8

Bushwick Community High School
Public9 to 12

P.S. 377 Alejandina B De Gautier
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 488 Central Avenue, Bushwick

488 Central Avenue is a multi-family home for sale in Bushwick. This property was listed for sale on September 16, 2024 by Corcoran Group, it's currently listed at $1,699,995. This listing's school district is Nyc Geog District #32 - Brooklyn. Nearby schools include P.S. 106 Edward Everett Hale, Jhs 291 Roland Hayes and Bushwick Community High School. 488 Central Avenue is a 7-bed, 4-bath, 4,018 sqft multi-family home built in 2003.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Group

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.