641 Central Ave

For Sale

641 Central Ave, Brooklyn, NY 11207

This Brooklyn property for sale is located at 641 Central Ave. The current listed sale price for 641 Central Ave is $2,950,000. 641 Central Ave is situated on a lot that is 0.06 acre in size.

Contacts

broker
DJ Johnston

Matthews Real Estate Investment Services

Property Details

  • Property Type Multi-Family
  • Property Size 5,000 SF
  • Units 8
  • Lot Size 0.06 Acre
  • Cap Rate % 6.55
  • Year Built 1920
  • Date Updated Jan 23, 2025
  • Fantastic Light & Air: 120 feet of corner frontage provides significant light and air, allowing for efficient unit layouts.
  • Fully Free-Market: The property was converted from a 4-family to an 8-family, via an alteration 1, and never regulated by DHCR.
  • Transportation Accessibility: 2-blocks to the Wilson Avenue L-train, providing access to North Bushwick, Williamsburg and Manhattan within 25 minutes.
  • Protected Tax Class: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years.
  • Low Maintenance: Building has been renovated and meticulously maintained, with no need for short-term capital improvements.
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Attachments

Getting around

  • 81/100

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  • 100/100

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  • 63/100

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Location

  • City Brooklyn, NY
  • Neighborhood Bushwick
  • Zip Code 11207
  • Market Brooklyn

Points of Interest

  • Chauncey Street

    0.40 miles

  • Halsey Street

    0.52 miles

  • Broadway Junction

    0.69 miles

  • Rockaway Avenue

    0.70 miles

  • Rockaway Avenue Station

    0.74 miles

  • Gates Avenue

    0.81 miles

  • Myrtle–Wyckoff Avenues

    0.83 miles

  • East New York Entrance

    0.87 miles

  • Knickerbocker Avenue

    0.97 miles

  • Stanhope St & Wycoff Ave - SE Corner

    1.20 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
DJ Johnston

Matthews Real Estate Investment Services

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