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1059 Greene Avenue
Condo in Bushwick •  building info
8bd • 8ba • 2,650ft² $1,018 per ft²
List Price

$2,699,000

Key Details
Days on market
57
Last price change
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Estimated payment
$15,354
Taxes
$0
Monthly common charges
$0
Description
Welcome to 1059 Greene Avenue, a stunning and newly renovated 3-family property in the vibrant neighborhood of Bushwick, Brooklyn. This multi-family home presents an excellent investment opportunity for buyers seeking both a high-potential income property and a prime location within one of Brooklyn's most sought-after areas. Key Features: Newly Renovated: The property has undergone an extensive renovation, showcasing modern upgrades and high-quality finishes throughout. From the facade to the interiors, no detail has been spared, providing a turnkey solution for future occupants or tenants. 3 Spacious Units: The building comprises three spacious and distinct units, each offering a comfortable living space and ample natural light. The layout is ideal for multi-generational families, investors, or live-and-rent scenarios. Income Potential: $163,100 NOI and 5.6% Cap rate. This property offers a unique opportunity to generate rental income, making it an attractive investment option for savvy buyers looking to capitalize on the robust rental market in Bushwick. Prime Location: Situated in the heart of Bushwick, this property is conveniently located near an array of trendy cafes, restaurants, boutiques, and art galleries. Commuting is a breeze with easy access to public transportation, including subway lines and bus routes. Outdoor Space: The property may feature a backyard, rooftop deck, or balconies, providing residents with a private outdoor oasis to relax and unwind. Proximity to Amenities: Residents will enjoy proximity to parks, schools, healthcare facilities, and supermarkets, ensuring convenience and comfort in their daily lives. Don't Miss Out: This newly renovated 3-family property offers an ideal blend of modern living and investment potential in one of Brooklyn's most exciting neighborhoods. Whether you're an investor looking for a lucrative income property or a homeowner seeking additional rental income, 1059 Greene Avenue is a must-see.

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Important Stuff
Washer/Dryer in unit
Listing Amenities
Hardwood floors
Dishwasher
Central Air
Garden View
Outdoor Space
Garden
Building info

History
What it'll cost
Purchase price
$2,699,000
Asking Price: $2,699,000
Term
30 Years
Down Payment
$269,000 (10%)
Min: 10% (269,000)
Rate
6.5 %
Mortgage Amount
$2,429,100
Mortgage Payment
$15,354
Common Charges
$0
Taxes
$0
Estimated closing cost
$99,000
Total monthly cost $15,354
Listing Courtesy of Corcoran Group

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