Price Reduced Listing
$1,775,000
 $9,529 est/mo Sourced by Back At You

554 Central Avenue,Brooklyn, NY 11207

Brooklyn, NY 11207

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Description

An exciting opportunity to own a substantial three family property in one of Bushwick's most energetic and sought after neighborhoods! 554 Central Avenue offers approximately 3,600 square feet across three full stories in a vibrant and bustling section of Bushwick. Delivered fully vacant, the property gives you complete flexibility from day one. Each residence offers generous proportions, spacious layouts, and high ceilings throughout, creating comfortable interiors with excellent potential for renovation, rental income, or multigenerational living. The building's impressive scale places it among the larger properties on this stretch of Central Avenue. Live in one residence while renting the others, establish market rents across all three units, or reposition the entire property according to your vision. The combination of full vacancy, three residential units, generous interior space, and R6 zoning makes this an appealing opportunity for investors and owner occupants alike. Located near Bushwick's restaurants, nightlife, shopping, and neighborhood businesses, with convenient access to the J and L trains, the home offers space, flexibility, and long-term potential in one of Brooklyn's most energetic neighborhoods. MLS Approve-No Financial provided due to property is vacant. -sds

Details

MLS #503451
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Days On Site44
Listing Provided ByReal Broker NY LLC | Celinda Iaboni

Features

Bed(s)9
SQ Feet3,600
BasementY
Units3

Interior

Heating FuelGas
Total Rooms15

Exterior

ExteriorBrick, Siding
RoofFlat
Construction MaterialsBrick, Wood Frame
Foundation DetailsBlock

Parking

Parking AttributesNone
Parking Feature SingleStreet

Utilities

ElectricCircuit Breakers, Fuses

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11207
AreaBrooklyn
SubareaBushwick
Listing VS Median (in 11207)
Price:
$1,775,000
low | high
Med:
$770,000
100% of Average
sqft:
3,600
low | high
Med:
1,258
100% of Average
$ / sqft:
$493
low | high
Med:
$620
24.34941260466% of Average
On site:
44
low | high
Med:
88.5
49.717514124294% of Average
Sourced by Back At You

Market Activity 11207

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Learn More About This Property

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11207
AreaBrooklyn
SubareaBushwick
Listing VS Median (in 11207)
Price:
$1,775,000
low | high
Med:
$770,000
100% of Average
sqft:
3,600
low | high
Med:
1,258
100% of Average
$ / sqft:
$493
low | high
Med:
$620
24.34941260466% of Average
On site:
44
low | high
Med:
88.5
49.717514124294% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.331M - $2.218M
sqft: 2,500 - 4,500
Listing Updated: September 10, 2026 at 7:07:01 PM PDT