Welcome to 1440 Dekalb Avenue, an exceptional investment opportunity nestled in the vibrant heart of Bushwick, New York. This captivating 6-family classic brick building, spanning an impressive 6,800 sqft across three stories plus basement, stands as a testament to timeless elegance and potential. With its desirable R6, C1-3 zoning, this property not only offers immediate returns from its stable tenant base but also presents exciting prospects for future development. Investors can explore the possibilities of utilizing additional air rights, expanding the existing structure, or converting floors and the basement into lucrative commercial spaces. Each floor of this meticulously maintained building comprises two thoughtfully designed apartments, all rent-stabilized and featuring spacious layouts with three bedrooms, a full bath, a kitchen, and a generous living room area. The basement further adds to the property's appeal, providing ample space for customization or additional amenities. Beyond its inherent charm and lucrative potential, 1440 Dekalb Avenue benefits from its prime location, offering convenient access to public transportation options including the nearby L train at Dekalb Station and local bus routes, ensuring seamless connectivity to the rest of the city. Moreover, At $191 per sqft, this property represents a compelling opportunity to invest in Bushwick's rich history while simultaneously shaping its future. Whether you're a seasoned investor seeking immediate returns or looking to capitalize on the neighborhood's burgeoning commercial hubs in nearby East Williamsburg, 1440 Dekalb Avenue offers limitless possibilities for growth and prosperity. Don't miss your chance to become part of Bushwick's dynamic landscape.
Property Details
Property Features
Property Information:
Architectural Style: Apartment
Year Built: 1931
Listing Office:
Office Name: Prime America Real Estate Inc
Office Phone: (347) 725-3142
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 6
Total Bedroom Count: 12
Exterior Features
Parking Information:
Attached Garage: No
Parking: On Street
Lot Features
Lot Information:
Lot: Historic, Near Public Transit
Lot Size: 0.06 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Hot Water
Cooling: None
Other
Directions Information:
Directions: Google Maps
Price Information
Listing Price Info
Price Summary:
List Price: $1,298,000
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Housing Market Comparison
See how this home compares to others in New York, NY.
This property is $444.1K more than the Median Sold Price in New York, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #3551477
Listing Office:
Office Name: Prime America Real Estate Inc
Office Phone: (347) 725-3142
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: 10/31/2024, 7:11:48 PM 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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
PS 376
194 Harman St
Distance between this listing and this school0.21 miles
Public District Grades KG-5
2
/10
PS 123 Suydam
100 Irving Ave
Distance between this listing and this school0.23 miles
Public District Grades PK-5
7
/10
PS 86 The Irvington
220 Irving Ave
Distance between this listing and this school0.25 miles
Public District Grades KG-5
Nearby Schools
5
/10
Jr High School 383 Philippa Schuyler
1300 Greene Ave
Distance between this listing and this school0.26 miles
Public District Grades 5-8
4
/10
Intermediate School 347 School of Humanities
35 Starr St
Distance between this listing and this school0.27 miles
Public District Grades 6-8
6
/10
Intermediate School 349 Math, Science and Technology
35 Starr St
Distance between this listing and this school0.27 miles
Public District Grades 6-8
Nearby Schools
9
/10
Achievement First Bushwick Charter School
1300 Greene Ave
Distance between this listing and this school0.26 miles
Public Charter Grades KG-11
2
/10
Bushwick Leaders High School For Academic Excellence
797 Bushwick Ave
Distance between this listing and this school0.45 miles
Public District Grades 9-12
5
/10
Math, Engineering and Science Academy Charter High School
231 Palmetto St
Distance between this listing and this school0.50 miles
The neighbors living near this home have an average income of $36,627. Typical income of New York, NY residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
This home is located at 1440 Dekalb Ave in Bushwick, NY and zip code 11237 in the Bushwick neighborhood. This home, which was built in 1931, sits on a 0.06 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $1,298,000.
In September 2024, from all listings sold in New York, NY there were more than 238 sold above asking price, over 851 sold below and more than 765 were sold right at the asked price. The number of homes for sale in New York, NY increased by 3% between August 2024 and September 2024. In September 2024 median list price was $853,828 and the average listing age was 87 days.
From Rocket Homes Real Estate and based on county public records data.