554 Central Ave Unit 4 Brooklyn, NY 11207
Bushwick NeighborhoodEstimated payment $10,791/month
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
Real Broker NY LLC Brokerage Phone: 347-957-4588 License #10401369964 Listed on: 07/23/2026
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 | -- | -- |
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: OneKey® MLS
MLS Number: 1029842
APN: 03403-0034
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Ask me questions while you tour the home.