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$ 1,200,000
Est. payment /mo
Active
1517 Jefferson AVE Brooklyn, NY 11237
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 493867
Full Baths 6
Annual Tax Amount $12,600
Property Sub-Type Multi-Family
Property Description
Rare 6-Unit Investment Opportunity in the Heart of Bushwick
Unlock strong cash flow and long-term growth with this fully leased, income-generating multi-family property in one of Brooklyn's most dynamic neighborhoods. Located just minutes from Knickerbocker Avenue, this is a turnkey asset in a high demand, appreciating market.
Property Highlights:
Six residential units with strong existing rental income
Well-maintained and low-operating costs
Prime location just off Knickerbocker Avenue – a thriving commercial hub
Unbeatable Location:
Minutes to the J/Z trains at Alabama Avenue – direct access to Manhattan
Close to L train for fast commutes to Williamsburg and downtown
Surrounded by supermarkets, including Fine Fare and Associated
Walk to Bushwick's most popular cafes, bars, restaurants, and shops
A short distance to the BQE; approx. minutes to Manhattan
Investment Advantages:
Fully turnkey operation with stable tenancy
Low-maintenance building in excellent condition
Situated in a rapidly appreciating neighborhood undergoing transformation
Part of an Opportunity Zone — offering potential tax benefits
City-backed infrastructure and streetscape upgrades underway
Growth Potential:
Located along an expanding commercial corridor
Positioned in one of Brooklyn's hottest emerging markets
Ideal mix of stability and upside for both short and long-term strategies
Perfect For:
First-time multifamily investors seeking cash flow with appreciation
Owner-occupants looking to live in one unit while generating income
Savvy investors targeting gentrifying neighborhoods with high ROI potential
Unlock strong cash flow and long-term growth with this fully leased, income-generating multi-family property in one of Brooklyn's most dynamic neighborhoods. Located just minutes from Knickerbocker Avenue, this is a turnkey asset in a high demand, appreciating market.
Property Highlights:
Six residential units with strong existing rental income
Well-maintained and low-operating costs
Prime location just off Knickerbocker Avenue – a thriving commercial hub
Unbeatable Location:
Minutes to the J/Z trains at Alabama Avenue – direct access to Manhattan
Close to L train for fast commutes to Williamsburg and downtown
Surrounded by supermarkets, including Fine Fare and Associated
Walk to Bushwick's most popular cafes, bars, restaurants, and shops
A short distance to the BQE; approx. minutes to Manhattan
Investment Advantages:
Fully turnkey operation with stable tenancy
Low-maintenance building in excellent condition
Situated in a rapidly appreciating neighborhood undergoing transformation
Part of an Opportunity Zone — offering potential tax benefits
City-backed infrastructure and streetscape upgrades underway
Growth Potential:
Located along an expanding commercial corridor
Positioned in one of Brooklyn's hottest emerging markets
Ideal mix of stability and upside for both short and long-term strategies
Perfect For:
First-time multifamily investors seeking cash flow with appreciation
Owner-occupants looking to live in one unit while generating income
Savvy investors targeting gentrifying neighborhoods with high ROI potential
Location
State NY
County Kings (brooklyn)
Area Bushwick
Rooms
Basement Unfinished
Interior
Hot Water Gas
Heating Gas
Flooring Laminate
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Asphalt/Tar
Handicap Access Unknown
Building
Foundation Block, Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by eXp Realty BKNY