1239-1241 Willoughby Ave & 243-246 Troutman St, Bushwick, NY 11237 Package Deal! Four 6 Family Properties in Prime Bushwick! This portfolio sale consists of four rent-stabilized buildings in a prime Bushwick right between DeKalb Ave L and Central Ave M train stations. The buildings are surrounded by restaurants, cafes, shops, boutiques, and bars. Total 24 rent-stabilized units including 5 vacant units. One of these buildings has an opportunity for a total rehab! The CAP Rate that buildings generate before debt service and management fees is 8%! All buildings are in R6 zoning. 1239 Willoughby Ave (Brick) Lot: 25 x 100 ft Building: 25 ft x 65 ft Taxes: $10,064/Yr 1241 Willoughby Ave (Brick) Lot: 25 x 100 ft Building: 25 ft x 65 ft Taxes: $10,064/Yr 243 Troutman St (Frame) Lot: 25 x 100 ft Building: 25 ft x 55 ft Taxes: $8,229/Yr 246 Troutman St (Frame) Lot: 25 x 100 ft Building: 25 ft x 60 ft Taxes: $6,856/Yr Full Set Up is Available for Each Building! *Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.
This property is $3.0M more than the Median Sold Price and $425/SqFt less than other homes in New York, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #3532958
Listing Office:
Office Name: Capri Jet Realty Corp
Office Phone: (718) 388-2188
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 4/27/2024, 10:11:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
2
/10
PS 123 Suydam
100 Irving Ave
Distance between this listing and this school0.04 miles
Public District Grades PK-5
7
/10
PS 86 The Irvington
220 Irving Ave
Distance between this listing and this school0.38 miles
Public District Grades KG-5
7
/10
Learners and Leaders
378 Seneca Ave
Distance between this listing and this school0.45 miles
Public District Grades PK-3
Nearby Schools
6
/10
Jr High School 162 The Willoughby
1390 Willoughby Ave
Distance between this listing and this school0.23 miles
Public District Grades 6-8
4
/10
Intermediate School 347 School of Humanities
35 Starr St
Distance between this listing and this school0.35 miles
Public District Grades 6-8
6
/10
Intermediate School 349 Math, Science and Technology
35 Starr St
Distance between this listing and this school0.35 miles
Public District Grades 6-8
Nearby Schools
9
/10
Achievement First Bushwick Charter School
1300 Greene Ave
Distance between this listing and this school0.50 miles
Public Charter Grades KG-11
2
/10
Bushwick Leaders High School For Academic Excellence
797 Bushwick Ave
Distance between this listing and this school0.67 miles
Public District Grades 9-12
3
/10
Williamsburg Charter High School
198 Varet St
Distance between this listing and this school0.68 miles
The neighbors living near this home have an average income of $60,500. Most New York, NY residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
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This home is located at 1239 Willoughby Ave in Bushwick, NY and zip code 11237 in the Bushwick neighborhood. This 18,375 square foot home, which was built in 1931, sits on a 0.23 acre lot. Features: 48 bedrooms, 24 bathrooms. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $3,900,000.
In March 2024, from all listings sold in New York, NY there were more than 154 sold above asking price, over 748 sold below and more than 645 were sold right at the asked price. Between February 2024 and March 2024, New York, NY real estate market has seen increase in the number of listings by 3.7%. The median list price of listings available in March 2024 was $845,489, while the average time on the real estate market was 96 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
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