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$1,266,442
List Price: $1,289,000
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994 Willoughby Avenue
Townhouse in Bushwick •  building info
6bd • 3ba
Buy with Yoreevo

$1,266,442

List Price

$1,289,000

Key Details
Days on market
52
Last price change
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Estimated payment
$7,172/mo
Taxes
Maintenance
N/A
Description
Introducing 994 Willoughby Avenue, a classic turn-of-the-century brick townhouse constructed in 1901, located on a vibrant residential block in the heart of Bushwick, nestled between Central Avenue and Evergreen Avenue. Spanning approximately 3,607 square feet, this legal two-family home presents a compelling opportunity for end-users, investors, and developers alike, offering scale, flexibility, and exceptional upside in one of Brooklyn's most dynamic neighborhoods. Currently configured as a two-family residence, the home offers a well-laid-out first-level unit featuring two bedrooms, one full bathroom, and a third additional room positioned off the kitchen that can be ideally utilized as a home office, nursery, or flexible bonus space. This unit enjoys direct access to a private backyard measuring approximately 25 feet in width, creating a seamless indoor-outdoor connection that is perfect for entertaining or everyday enjoyment. The ground level also includes a semi-finished lower level with multiple recreation areas, mechanical space, storage, and interior access to the garage, offering excellent flexibility for workspace, hobbies, or additional living use. The second-level residence consists of a spacious three-bedroom, one-bath layout, complemented by a fourth additional room that can easily function as a home office, along with the convenience of an in-unit washer and dryer. From this level, a staircase leads to a full attic spanning approximately 695 square feet, featuring vaulted ceilings and offering a compelling opportunity to duplex and create a significantly larger living space or a dramatic primary suite. Throughout the home, original character and practical functionality come together seamlessly. The property features beautiful parquet hardwood flooring, classic wood detailing, and a charming brick facade that enhances its curb appeal. The semi-finished basement showcases exposed wooden beams and provides multiple recreation rooms, further expanding the usable footprint of the home. Ceiling heights, as reflected in the provided floor plan, include approximately 7'0" ceilings on the ground level, 9'9" ceilings on the first floor, 9'3" ceilings on the second floor, and approximately 7'5" ceiling height within the attic, creating comfortable proportions across each level. Additional property highlights include a highly sought-after curb cut and private garage-an increasingly rare amenity in this part of Brooklyn-along with a front yard component and multiple access points throughout the home. The backyard extends generously beyond the structure, offering ample outdoor space to design and customize. From an investment and development standpoint, the property is situated within an R6 zoning district, offering a residential FAR of 2.2 and a facility FAR of 4.8. With approximately 1,615 square feet of unused FAR and a maximum buildable of 5,225 square feet, the opportunity to expand the existing structure or pursue a potential condominium development is substantial. The building measures 22 feet by 40 feet and sits on a 25-foot by 95-foot lot, providing an excellent footprint for those looking to maximize value and reimagine the space. Bushwick continues to thrive as one of Brooklyn's most sought-after neighborhoods, known for its vibrant arts scene, acclaimed dining, and ever-evolving cultural landscape. Convenient access to public transportation, local cafes, shops, and neighborhood amenities further enhances the appeal of this prime location. With its combination of size, layout, rare features, and significant development potential, 94 Willoughby Avenue offers a unique opportunity to create something truly special. Whether envisioned as a customized residence, income-producing asset, or future development project, the possibilities here are both extensive and exciting. Select images are virtually staged and decluttered.

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Important Stuff
Pets allowed
Washer/Dryer in unit
Building amenities
Services and facilities
Parking

Garage

Building info

History
What it'll cost
Purchase price
$1,289,000
Asking Price: $1,289,000
Term
30 Years
Down Payment
$128,000 (10%)
Min: 10% (128,000)
Rate
6.0 %
Mortgage Amount
$1,160,100
Mortgage Payment
$6,955
Taxes
$217
Estimated Yoreevo rebate
$22,558
Estimated closing cost
$47,000
Total monthly cost $7,172
Buy your dream home with us and get an estimated
$22,558 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

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