14 days on rocket

1440 Dekalb Ave, Bushwick, NY, 11237

$1,498,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
6 Full Baths
Multi
Schools Nearby

Location

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1440 Dekalb Ave, New York$1,498,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1931
HeatingNatural Gas, Hot Water
CoolingNone
BasementYes
MLS #3551477
Lot Size0.06 Acres
StatusActive
(A)

About 1440 Dekalb Ave

6-Family, Classic Brick Building with Elegant Architecture In The Most Desirable Location Of Bushwick NY! All units are rent-stabilized and the property is being sold as-is condition with all tenants in place. Each floor consist of 2 apartments with the classic layout of 2 Bedrooms, Full Bath, Kitchen and Living Room. Full Expansive Basement with Utility room. First floor apartments share backyard. Close to public transportation - L train at Dekalb Station and local buses. The property presents a compelling value proposition. With a current NOI of $60,083, the property demonstrates strong financial performance, offering stability and potential for growth. Leveraging the potential NOI of $220,621 with pro forma, the property presents an enticing opportunity for savvy investors to maximize returns and capitalize on Bushwick's thriving market. Furthermore, R6 and C1-3 Zoning, this building allows further development to the building in order to meet the needs and demands of the commercial consumers by using the maximum allowable FAR. Example building developments as seen on the Dekalb avenue for inspiration. *Do not miss this great offer!!!*

Property Details

Property Features

Property Information:

  • Architectural Style: Apartment
  • Year Built: 1931

Listing Office:

  • Office Name: Prime America Real Estate Inc
  • Office Phone: (347) 725-3142

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Historic, Near Public Transit
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,498,000
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

1440 Dekalb Ave vs New York

14 DAYS ON ROCKET

-82 Days

$1,498,000

+$648.8K More

KEY TAKEAWAY

This property is $648.8K more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3551477

Listing Office:

  • Office Name: Prime America Real Estate Inc
  • Office Phone: (347) 725-3142

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
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: 5/28/2024, 11:56:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,544

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,558

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4102998
6
/10

  • PS 376

  • 194 Harman St

  • 0.21 miles

  • Public District Grades KG-5

school-card-donut-4102999
2
/10

  • PS 123 Suydam

  • 100 Irving Ave

  • 0.23 miles

  • Public District Grades PK-5

school-card-donut-4103000
7
/10

  • PS 86 The Irvington

  • 220 Irving Ave

  • 0.25 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,627. Most New York, NY residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›New York›11237›1440 Dekalb Ave

This home is located at 1440 Dekalb Ave in Bushwick, NY and zip code 11237 in the Bushwick neighborhood. This home, which was built in 1931, sits on a 0.06 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $1,498,000.

In April 2024 more than 168 listings in New York, NY were sold above the asking price. During the same period more than 758 listings were sold at asking price, while more than 748 were sold below. The number of listings in New York, NY increased by 3.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 96 days, the median list price was $849,191.

From Rocket Homes Real Estate and based on county public records data.

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