554 Central Ave Brooklyn, NY 11207
Bushwick NeighborhoodEstimated payment $10,908/month
Total Views
83,064
--
Beds
3
Baths
3,600
Sq Ft
$528
Price per Sq Ft
Highlights
- Very Popular Property
- Fenced Yard
- Back Yard
- Wood Flooring
- Heating System Uses Steam
- 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, 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.
MLS Approve-No Financial provided due to property is vacant. -sds
Property Details
Home Type
- Multi-Family
Lot Details
- 1,600 Sq Ft Lot
- Lot Dimensions are 100 x 80
- Fenced Yard
- Back Yard
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Wood Frame Construction
- Siding
Interior Spaces
- 3 Full Bathrooms
- 3,600 Sq Ft Home
- Wood Flooring
- Stove
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Window Unit Cooling System
- Heating System Uses Steam
- Heating System Uses Gas
Community Details
- 3 Units
Listing and Financial Details
- Tax Block 3403
Matterport 3D Tour
Floorplans
Map
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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 |
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 |
|---|---|---|---|---|
| 08/01/2026 08/01/26 | For Sale | $1,900,000 | -- | $528 / Sq Ft |
Source: Brooklyn Board of REALTORS®
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
About the Listing Agent
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Celinda's Other Listings
Source: Brooklyn Board of REALTORS®
MLS Number: 503451
APN: 03403-0034
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The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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