Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,650,000

· Sold at asking price · Closed February 13, 2025

SOLD: 488 CENTRAL Avenue
SOLD $1,650,000
Sold Multi Family

$1,650,000

488 CENTRAL Avenue

Bushwick, Brooklyn

MLS® #RLS11009666

RLS at REBNY

Listing by Corcoran Group

7

Bedrooms

4

Baths

N/A

Sq. Ft.

2003

Year Built

Sale Details

Sale Price $1,650,000
Original List Price $1,650,000
First Listed At $1,699,995
Close Date February 13, 2025
vs. Asking Sold at asking price

Property Summary

Bedrooms 7
Bathrooms 4
Year Built 2003
Ownership None
Property Taxes $8,820/yr
Neighborhood Bushwick
Floor 1 of 2

Description

Please inquire direct with the listing agent (Mark Martov- Corcoran Group) for more information on a 5.75% mortgage with only 10% down exclusively for this property. Welcome to 488 Central Avenue, a contemporary multi-family property in the highly desirable Bushwick neighborhood of Brooklyn. Constructed in 2003, this three-story building features a flexible layout with three residential units and the added convenience of deeded parking. The property boasts over 3,015 square feet of living space, plus an additional 1,004 square feet of finished windowed basement space, complete with a large recreation area, ample storage, and a spacious great room ideal for entertaining. The highlight of this property is the first-floor owner's duplex, which includes a private backyard and deeded parking. This generous unit offers three bedrooms, an office, and three full bathrooms, providing both comfort and functionality. The ground floor features a spacious bedroom, a well-designed kitchen, and an open living and dining area. The upper level continues with additional bedrooms and bathrooms, ensuring ample privacy and convenience. The second unit spans the parlor and second floors and includes a primary bedroom with access to a private balcony, adding a charming outdoor retreat. The third-floor unit features a well-proportioned living and dining area, a fully equipped kitchen, three bedrooms, and a full bathroom-making it an excellent choice for families or as additional rental income. Each unit is meticulously designed to maximize space, making 488 Central Avenue a prime opportunity for both homeowners and investors. Situated in a highly sought neighborhood, you'll enjoy easy access to local transit options, including the J, M, and L subway lines, and be immersed in Bushwick's vibrant arts, dining, and cultural scene.This property offers a strong investment opportunity for both investors and homeowners, allowing them to offset the mortgage through multiple rental income streams.

Property Details

Type Multi Family
Ownership None
Total Rooms 14
View Other
Year Built 2003

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RLS at REBNY

Listing courtesy of MARK MARTOV at Corcoran Group. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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