G
Seller's Agent in 2025
Giovanni Castro
Corcoran Group
(917) 880-2047
2 in this area
13 Total Sales
Estimated Value: $1,402,000 - $2,660,000
Welcome to 1059 Greene Avenue, a stunning and newly renovated 3-family property in the vibrant neighborhood of Bushwick, Brooklyn. This multi-family home presents an excellent investment opportunity for buyers seeking both a high-potential income property and a prime location within one of Brooklyn's most sought-after areas.
Key Features:
Newly Renovated: The property has undergone an extensive renovation, showcasing modern upgrades and high-quality finishes throughout. From the facade to the interiors, no detail has been spared, providing a turnkey solution for future occupants or tenants.
3 Spacious Units: The building comprises three spacious and distinct units, each offering a comfortable living space and ample natural light. The layout is ideal for multi-generational families, investors, or live-and-rent scenarios.
Income Potential: $163,100 NOI and 5.6% Cap rate. This property offers a unique opportunity to generate rental income, making it an attractive investment option for savvy buyers looking to capitalize on the robust rental market in Bushwick.
Prime Location: Situated in the heart of Bushwick, this property is conveniently located near an array of trendy cafes, restaurants, boutiques, and art galleries. Commuting is a breeze with easy access to public transportation, including subway lines and bus routes.
Outdoor Space: The property may feature a backyard, rooftop deck, or balconies, providing residents with a private outdoor oasis to relax and unwind.
Proximity to Amenities: Residents will enjoy proximity to parks, schools, healthcare facilities, and supermarkets, ensuring convenience and comfort in their daily lives.
Don't Miss Out:
This newly renovated 3-family property offers an ideal blend of modern living and investment potential in one of Brooklyn's most exciting neighborhoods. Whether you're an investor looking for a lucrative income property or a homeowner seeking additional rental income, 1059 Greene Avenue is a must-see.
Last Agent to Sell the Property
Corcoran Group License #10301208531 Listed on: 12/18/2024
Last Buyer's Agent
Direct Deal Listing
Direct Deal License #A
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Townhouse Rental Vii Llc | -- | -- | |
| Townhouse Rental Vii Llc | -- | -- | |
| Townhouse Rental Ii Llc | $2,487,000 | -- | |
| Townhouse Rental Ii Llc | $2,487,000 | -- | |
| 1059 Greene Group Llc | $1,100,000 | -- | |
| 1059 Greene Group Llc | $1,100,000 | -- | |
| 1059 Greene Group Llc | $1,100,000 | -- | |
| Ten Fifty Nine Llc | -- | -- | |
| Ten Fifty Nine Llc | -- | -- | |
| Ten Fifty Nine Llc | -- | -- | |
| Batiste Victoria G | -- | -- | |
| Batiste Victoria G | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Townhouse Rental Vii Llc | $25,316,346 | |
| Closed | Townhouse Rental Vii Llc | $25,316,346 | |
| Previous Owner | 1059 Greene Group Llc | $700,001 | |
| Previous Owner | Ten Fifty Nine Llc | $499,999 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/17/2025 01/17/25 | Sold | $2,487,000 | -7.9% | $938 / Sq Ft |
| 12/03/2024 12/03/24 | Pending | -- | -- | -- |
| 10/22/2024 10/22/24 | For Sale | $2,699,000 | -- | $1,018 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,655 | $93,720 | $14,460 | $79,260 |
| 2024 | $2,655 | $89,580 | $14,460 | $75,120 |
| 2023 | $2,539 | $93,720 | $14,460 | $79,260 |
| 2022 | $2,360 | $78,660 | $14,460 | $64,200 |
| 2021 | $2,352 | $86,280 | $14,460 | $71,820 |
| 2019 | $2,304 | $78,420 | $14,460 | $63,960 |
| 2018 | $2,124 | $10,419 | $2,331 | $8,088 |
| 2017 | $2,008 | $9,852 | $2,319 | $7,533 |
| 2016 | $1,862 | $9,313 | $2,637 | $6,676 |
| 2015 | $1,121 | $9,304 | $2,968 | $6,336 |
| 2014 | $1,121 | $9,180 | $3,411 | $5,769 |
G
Seller's Agent in 2025
Giovanni Castro
Corcoran Group
(917) 880-2047
2 in this area
13 Total Sales
D
Buyer's Agent in 2025
Direct Deal Listing
Direct Deal
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11017188
APN: 03283-0051
Ask me questions while you tour the home.