Keller Williams Realty Elite - The Masaitis Team
1/1
Listing Courtesy Of: Corcoran Group, MARK MARTOV
Listing Sold By: Real New York
Local Realty Services Provided By: Keller Williams NYC
Overview
What It'll Cost
Neighborhood
Similar Homes

$1,650,000
488 CENTRAL Avenue, NewYorkCity, NY 11221
7 Beds
4 Baths
1,004.73 sq ft
.05 ac
$1,650,000

488 CENTRAL Avenue, NewYorkCity, NY 11221

Estimation provided by Keller Williams Realty Inc.
7 Beds
4 Baths
1,004.73 sq ft
.05 ac
Sold
Keller Williams Realty Advantage Fair Housing

Property 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.

Property Details

Compare This Home
Overview
Property Type
Townhouse
Property Size
1,004.73 sq ft
Year Built
2003
Days on Site
191 Days
Parking
No
The Masaitis Team
Keller Williams Realty Elite
10401246877

Activity History

VIEWS
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SAVES
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SHARES
0
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Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $1,650,000
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Price & Tax History

Date
Event
Price
02/13/2025
Price Decrease
$1,650,000
(-2.94%)
09/16/2024
Listed
$1,699,995
(+312.74%)
07/01/2005
Sold
$411,878
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2024
$8,802
(+1.89%)
$73,800
Land 14,160 + Additions 59,640
2023
$8,639
(+13.64%)
$82,020
Land 14,160 + Additions 67,860
2022
$7,602
(-43.79%)
$76,620
Land 14,160 + Additions 62,460
2021
$13,525
(+137.14%)
$70,740
Land 14,160 + Additions 56,580
2020
$5,703
(+13.71%)
$77,220
Land 14,160 + Additions 63,060
2019
$5,016
(+39.83%)
$81,600
Land 14,160 + Additions 67,440
2017
$3,587
$37,008
Land 8,546 + Additions 28,462
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

Explore Bushwick S (Central-Weirfield)

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Transit & Commute

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Car-Dependent Walkable Very Walkable
The Masaitis Team
Keller Williams Realty Elite
10401246877

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