Video tour
$10,000 Closing Credit¹
#RLS11016931, Eldad Behroozi, Listing Office: Massada Home Sales Inc
#RLS11031695·
Listing Office: CORE Group Marketing LLC·
Listing Agent: Rita Kee·
Listing Agent Phone: (917) 613-8686·
Listing Office Phone: (212) 419-8580
$10,000
closing credit¹
1477 Bushwick Ave New York City, NY 11207
$1,425,000 List price
$10,000
Closing credit¹
6 beds
6 full
Townhouse
Property details
About 1477 Bushwick Ave
This 25-foot wide Bushwick six-family rent-stabilized building currently delivers an immediate approximate capitalization rate of over 6% with room to grow to over 8% based on the legally registered rents. With six floor-through apartments and just two apartments per floor, tenants enjoy privacy and ease of access through two entries into each apartment. The entire full-height basement can be used for storage, laundry, recreation, or other additional revenue streams. It can be accessed through the building's common hall or via the private facade entrance in front of the building. The building also boasts a private 37-foot deep backyard that is not currently in use by any tenants and could provide ample revenue opportunities. 1477 Bushwick Avenue is located in the heart of Bushwick among shops, bars, and restaurants. The building is easily accessible via the L, J, and Z subway lines, multiple bus lines, and Citi Bike. *Please consult with your financial advisor regarding this investment opportunity.
Highlights
Home typeTownhouse
StatusActive
BasementYes
Year built1911
MLS #RLS11031695
Summary
- MLS Number: RLS11031695
- MLS Name: RLS
- Office Name: CORE Group Marketing LLC
- Office Phone: (212) 419-8580
- Listing Agent: Rita Kee
- Agent Phone: (917) 613-8686
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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/4/2025, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,425,000
1477 Bushwick Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
8
Brooklyn Landmark Elementary School
Public District PK-5
0.3 mi
•251 MacDougal St
5
P.S./I.S. 045 Horace E. Greene
Public District KG-5
0.3 mi
•84 Schaefer St
3
P.S. /I.S. 384 Frances E. Carter
Public District KG-5
0.4 mi
•242 Cooper St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,203. Residents of New York City, NY typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
39%
<35k
40%
35k-100k
21%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
25%
Single, with Kids
12%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
29%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Popeyes
Boston Market
Little Caesars
What do the neighbors drive?
Nissan
Honda
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1477 Bushwick Ave
This home is located at 1477 Bushwick Ave in New York City, NY and zip code 11207 in the Bushwick neighborhood. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $1,425,000.
In January 2025 more than 208 listings in New York City, NY were sold above the asking price. During the same period more than 890 listings were sold at asking price, while more than 759 were sold below. The number of listings in New York City, NY decreased by 3.4% between December and January 2025. While the average time on the market in January 2025 was 79 days, the median list price was $862,270.
From Rocket Homes Real Estate and based on county public records data.