$2,399,999

Estimated payment $13,225/month

-- Bed
-- Bath
6,221 Sq Ft
$386 Price per Sq Ft

Highlights

  • Wood Flooring
  • 4-minute walk to Wilson Avenue
  • Hot Water Heating System
  • Side Yard

About This Home

661 Central Ave is a free-market mixed-use investment opportunity in the heart of Bushwick. This corner property features 2 commercial units and 4 residential units, offering strong in-place income with significant upside through renovation and potential future reconfiguration. The asset is well positioned near local retail corridors, neighborhood amenities, and convenient access to the Wilson Ave and Chauncey St subway stations. With attractive existing cash flow, value-add potential, and a highly sought-after Brooklyn location, this is a compelling opportunity for investors seeking both current income and long-term growth.

Listing Agent

Luis Alvarez

eXp Realty BKNY Listed on: 06/03/2026

eXp Realty BKNY

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,856

Year Built

  • Built in 1906

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Side Yard
  • Property is zoned M1-1

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 6,221 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement
  • Walk-Out Basement

Flooring

  • Wood
  • Linoleum

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • 220 Volts
  • 110 Volts
  • Oil Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Block 3447

Property Details

Property Type

Other

Est. Annual Taxes

$5,856

Year Built

Built in 1906

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Basement Amenities: Semi-Finished, Separate Entrance
  • Borough: Brooklyn
  • Building Length: 63.00
  • Building Width: 25.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 10 ft and under
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: No
  • Cross Street: Moffatt St
  • Cross Street Name2: Chauncey St
  • Heat Delivery: Hot Water
  • Number Of Families: 4
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 6221
  • Building Stories: 3
  • Street Name I D X: Central
  • Year Built: 1906
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Linoleum, Other
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 10
  • Roof: Rubber

Utilities

  • Electric: 110 V, 220 V, Circuit Breakers
  • Heating Fuel: Oil
  • Hot Water: Oil

Fee Information

  • Annual Fuel Expense: 11311.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: M1-1

Rental Info

  • Rent Income: 173604

Multi Family

  • Annual Gross Expense: 34543.00
  • Annual Gross Income: 173604
  • Insurance Expense: 9977.00
  • Property Net Operating Income: 139060.00
  • Annual Utility Expenses: 1400.00

Tax Info

  • Flip Tax Amount: 5856.00

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 $5,913 $690,300 $78,750 $611,550
2025 $5,483 $589,950 $78,750 $511,200
2024 $5,483 $529,200 $78,750 $450,450
2023 $4,987 $490,950 $78,750 $412,200
2022 $4,606 $506,250 $78,750 $427,500
2021 $4,618 $591,300 $78,750 $512,550
2020 $4,539 $478,980 $78,750 $400,230
2019 $4,255 $478,980 $78,750 $400,230
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
06/03/2026 06/03/26 For Sale $2,399,999 -- $386 / 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
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $190,000 Commonwealth Land Title Ins
Deed $190,000 Commonwealth Land Title Ins
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
Closed $123,500 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 501980

Brooklyn Board of REALTORS®

APN: 03447-0010

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