$1,900,000

554 Central Ave Unit 4 Brooklyn, NY 11207

Bushwick Neighborhood

Estimated payment $10,791/month

Total Views 75
9 Beds
2 Baths
3,600 Sq Ft
$528 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Formal Dining Room
  • Entrance Foyer
  • High Ceiling
  • Woodwork
  • 3-minute walk to Irving Square Park

About This Home

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, cafés, 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.

Listing Agent

Eliseo Rivera

Real Broker NY LLC Brokerage Phone: 347-957-4588 License #10401369964 Listed on: 07/23/2026

Real Broker NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,260

Year Built

  • Built in 1910

Lot Details

  • 1,600 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Frame Construction

Interior Spaces

  • Woodwork
  • High Ceiling
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Ps 151 Lyndon B Johnson Elementary School
  • Evergreen Ms-Urban Exploration Middle School
  • Bushwick Community High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Natural Gas Connected

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 03403-0034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,260

Year Built

Built in 1910

Lot Details

1,600 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1910
  • Attribution Contact: 347-957-4588
  • Carport Y N: No
  • CurrentPrice: 1900000.00
  • MlsMajorChangeType: New Listing
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 51771117.1662
  • CurrentPrice_By_BuildingAreaTotal: 527.77778
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Entrance Foyer, Formal Dining, High Ceilings, Natural Woodwork, Storage, Washer/Dryer Hookup
  • Full Bathrooms: 2
  • Basement: Full, Partially Finished, Walk-Out Access
  • Total Bedrooms: 9
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Parking Description: On Street, Open

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Radiant
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Evergreen Ms-Urban Exploration

Lot Info

  • Lot Size Acres: 0.0367
  • Lot Size Sq Ft: 1600
  • Parcel Number: 03403-0034
  • Property Attached: Yes

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 5260.32
  • Tax Year: 2025

MLS Schools

  • Elementary School: Ps 151 Lyndon B Johnson
  • High School: Bushwick Community Hs
  • Middle School District: Brooklyn 32

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,105 $88,740 $9,600 $79,140
2025 $4,804 $101,880 $9,600 $92,280
2024 $4,804 $91,620 $9,600 $82,020
2023 $4,567 $103,740 $9,600 $94,140
2022 $4,481 $103,200 $9,600 $93,600
2021 $4,666 $79,680 $9,600 $70,080
2020 $3,328 $80,400 $9,600 $70,800
2019 $4,121 $80,400 $9,600 $70,800
2018 $3,760 $19,905 $2,760 $17,145
2017 $3,758 $19,905 $4,052 $15,853
2016 $3,639 $19,754 $3,883 $15,871
2015 $2,045 $18,637 $4,111 $14,526
2014 $2,045 $17,583 $4,053 $13,530
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/23/2026 07/23/26 For Sale $1,900,000 -- $528 / Sq Ft
Source: OneKey® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- --
Interfamily Deed Transfer -- --
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $641,350 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Source: OneKey® MLS

MLS Number: 1029842

OneKey® MLS

APN: 03403-0034

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