661 Central Ave Brooklyn, NY 11207
Bushwick NeighborhoodEstimated payment $13,225/month
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.
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
Listing and Financial Details
- Tax Block 3447
Community Details
Overview
- 4 Units
Building Details
- Fuel Expense $11,311
- Insurance Expense $9,977
- Utility Expense $1,400
- Gross Income $173,604
- Net Operating Income $139,060
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 | $5,913 | $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 |
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 |
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 | -- | -- | |
| Deed | $190,000 | Commonwealth Land Title Ins |
Source: Brooklyn Board of REALTORS®
MLS Number: 501980
APN: 03447-0010
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