Check Availability
$1,999,999
↓ $300K (13%)
Commercial - For Sale

531 Central Avenue

Bushwick, NY 11207
bedrooms
Studio
bathrooms
0 Bath
$10,130
Estimated Monthly
$0
HOA / Fees
0.56%
Cap Rate

About This Property

Introducing 531 Central Ave in the heart of Bushwick. An incredible opportunity for a user or investor with this mixed use building that has loads of potential. 2 oversized apartments that can be 3-4 bedrooms each over a commercial space with a very rare 4 car garage and a basement underneath. This property is near all major hubs including multiple subway stops, restaurants, shops, and much more that this bustling neighborhood offers. This building will be delivered vacant at closing.
Unit Size
-
Days on Market
54 days
Land Size
0.05 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$309
HOA Dues
-
Year Built
1905
Listed By
Last updated: 24 days ago (OneKey MLS #ONE3535450)

Price History

Date / Event Date Event Price
Apr 3, 2024 Price Decreased $1,999,999
↓ $300K (13%)
Price Decreased
Mar 4, 2024 Listed by Prime Realty $2,299,999
Listed by Prime Realty

Property Highlights

Parking Details
Total Number of Parking: 4
Exterior Details

Property Information

Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1905

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.05
Lot Size Square Feet: 2000

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$2,425,000 Mar 14, 2022
$2,425,000 Nov 15, 2023
$1,172/mo
Commercial
Loft
-
-
$1,950,000 Feb 8, 2021
$1,950,000 Jun 2, 2022
-
Townhouse
Stu
-
-
$2,300,000 Nov 9, 2015
$2,300,000 Apr 5, 2016
-
Townhouse
Stu
-
5,460 ft²
$421/ft²
$2,300,000 Mar 23, 2016
$2,300,000 Aug 22, 2016
-
Townhouse
Stu
-
-
$1,890,000 May 19, 2021
$1,890,000 Sep 13, 2021
-
Townhouse
Stu
-
-
$1,893,000 Mar 29, 2021
$1,893,000 Mar 29, 2021
-
Other
Loft
-
3,000 ft²
$727/ft²
$2,180,000 Mar 25, 2023
-
$3,179/mo
House
Stu
-
-
$2,300,000 Mar 10, 2023
-
$866/mo
House
Stu
-
2,700 ft²
$926/ft²
$2,500,000 Nov 22, 2023
-
-
House
Stu
-
-
$2,500,001 Jun 23, 2022
-
$536/mo
House
Stu
-
-
$1,990,000 Oct 24, 2023
-
$458/mo
House
Stu
-
-
$2,100,000 Jan 22, 2024
-
$215/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

531 Central Avenue 531 Central Avenue, Brooklyn, NY 11207
  • 3 Units
  • 1 Unit for Sale
More about this Building
531 Central Avenue
Want to find out who owns 531 Central Avenue, Brooklyn, NY 11207? Get detailed property transactions here .

About Northern Brooklyn


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