In Contract
Share Listing
Save Listing
488 Central Avenue
Townhouse in Bushwick •  building info
7bd • 4ba
List Price

$1,699,995

Key Details
Days on market
86
Last price change
loading...
Estimated payment
$10,406
Taxes
$735
Monthly maintenance
N/A
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, 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.

Read Less

Important Stuff
Pets allowed
Washer/Dryer in unit
Listing Amenities
Hardwood floors
Dishwasher
Garden View
Building Amenities
Fios Available
Laundry in Building
Outdoor Space
Garden
Balcony
Building info

History
What it'll cost
Purchase price
$1,699,000
Asking Price: $1,699,995
Term
30 Years
Down Payment
$169,000 (10%)
Min: 10% (169,000)
Rate
6.5 %
Mortgage Amount
$1,529,996
Mortgage Payment
$9,671
Taxes
$735
Estimated closing cost
$60,000
Total monthly cost $10,406
Listing Courtesy of Corcoran Group

IDX information is provided exclusively for consumers' personal, noncommercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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 REBNY listing service, Inc all rights reserved.

RLS IDX Data display by Yoreevo.