Vacant Three-Family Building For Sale in Bushwick
564 Central Avenue
Bushwick
Closed 01/18/2013 at
$420,000
B26
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718-395-1877
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Overview
The Vacant 3 unit building at 564 Central Avenue is now offered for sale. The property is located between Halsey Street and Weirfield Street, in close proximity to both the Halsey Street L Train and the Halsey Street J Train.
The building consists of 3, floor through, free market apartments. The property will be delivered entirely vacant. The building is 20 ft x 60 ft which would easily allow for at least 3 bedrooms per unit (potentially 4 bedrooms). The property has rent potential over $70,000/year.
The property was in the process of being renovated and has a new brick facade. The building needs a full interior renovation, and presents the opportunity for significant upside.
Attractions
The property is ideally located in one of the most desirable locations in Bushwick. The retail development in this location has exploded with some of the best restaurants, bars, cafes and shops opening in the immediate vicinity, including: Mominette French Bistro, Northeast Kingdom, Tandem Bar, Hanna Natural Organic Market and Wine Shop, The Cobra Club, Green Street Salads and Miles Bar.