NY > Brooklyn
Brooklyn, NY 11237,1440 Dekalb AVE
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Brooklyn, NY 11237,1440 Dekalb AVE
Brooklyn, NY 11237,1440 Dekalb AVE
Brooklyn, NY 11237,1440 Dekalb AVE
Brooklyn, NY 11237,1440 Dekalb AVE
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Kyle Kelly

Kyle Kelly

+1(631) 831-0912
$ 998,000
Est. payment /mo
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1440 Dekalb AVE Brooklyn, NY 11237

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY834739

Originating Board onekey2

Rental Info No

Year Built 1931

Annual Tax Amount $8,878

Property Sub-Type Multi Family

Property Description

Welcome to 1440 Dekalb Avenue, an exceptional investment opportunity nestled in the vibrant heart of Bushwick, New York. This captivating 6-family classic brick building, spanning an impressive 6,800 sqft across three stories plus basement, stands as a testament to timeless elegance and potential. With its desirable R6, C1-3 zoning, this property not only offers immediate returns from its stable tenant base but also presents exciting prospects for future development. Investors can explore the possibilities of utilizing additional air rights, expanding the existing structure, or converting floors and the basement into lucrative commercial spaces. Each floor of this meticulously maintained building comprises two thoughtfully designed apartments, all rent-stabilized and featuring spacious layouts with convertible railroad style three bedrooms, a full bath, a kitchen, and a generous living room area. The basement further adds to the property's appeal, providing ample space for customization or additional amenities. Beyond its inherent charm and lucrative potential, 1440 Dekalb Avenue benefits from its prime location, offering convenient access to public transportation options including the nearby L train at Dekalb Station and local bus routes, ensuring seamless connectivity to the rest of the city. Moreover, including basement space At 147 per sqft, this property represents a compelling opportunity to invest in Bushwick's rich history while simultaneously shaping its future. Whether you're a seasoned investor seeking immediate returns or looking to capitalize on the neighborhood's burgeoning commercial hubs in nearby East Williamsburg, 1440 Dekalb Avenue offers limitless possibilities for growth and prosperity. Don't miss your chance to become part of Bushwick's dynamic landscape.

Location

State NY

County Kings (brooklyn)

Rooms

Basement Full

Interior

Heating Hot Water, Natural Gas

Cooling None

Fireplace No

Appliance Gas Water Heater

Exterior

Parking Features On Street

Utilities Available See Remarks

Building

Lot Description Historic District, Near Public Transit, Near School, Near Shops

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 106 Edward Everett Hale

Middle Schools The Academy For Excellence In Leadership

High Schools Academy Of Urban Planning-Engineerin

School District Brooklyn 32

Others

Special Listing Condition None

Listed by Prime America Real Estate Inc
agent

Kyle Kelly

Broker Associate | License ID: 10301220033

+1(631) 831-0912

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1440 Dekalb AVE