About This Home

This 9-bedroom, 4-bathroom residential multi family at 554 Central Avenue in Brooklyn, NY is listed for $1,775,000 ($493 per sqft). the home offers 3,600 sqft of living space on a 0.04 acres lot.

Key Features

  • 0.04 acre lot

Property Details

3 full, 1 half

Amenities

Hardwood
Listing Description

An exciting opportunity to own a substantial three family property in one of Bushwick's most energetic and sought after neighborhoods! 554 Central Avenue offers approximately 3,600 square feet across three full stories in a vibrant and bustling section of Bushwick.

Delivered fully vacant, the property gives you complete flexibility from day one. Each residence offers generous proportions, spacious layouts, and high ceilings throughout, creating comfortable interiors with excellent potential for renovation, rental income, or multigenerational living.

The building's impressive scale places it among the larger properties on this stretch of Central Avenue. Live in one residence while renting the others, establish market rents across all three units, or reposition the entire property according to your vision.

The combination of full vacancy, three residential units, generous interior space, and R6 zoning makes this an appealing opportunity for investors and owner occupants alike. Located near Bushwick's restaurants, nightlife, shopping, and neighborhood businesses, with convenient access to the J and L trains, the home offers space, flexibility, and long-term potential in one of Brooklyn's most energetic neighborhoods. MLS Approve-No Financial provided due to property is vacant. -sds

Monthly Cost Estimate

$9,493/mo

20% down · 6.5% · 30 years

Principal$1,284
Interest$7,692
Insurance$518

Estimates only. Actual payments may vary.

Location

554 Central Avenue

Brooklyn, NY 11207

Features & Amenities

Interior Features

A/C Unit - WindowRefrigeratorStoveWasher

Property Details

Flooring

Hardwood

Construction

Brick Wood Frame

Questions & Answers

This 9-bedroom, 4-bathroom residential multi family at 554 Central Avenue is listed at $1,775,000 ($493/sqft). The estimated monthly payment is $9,493 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.04 acre lot. Interior Features: A/C Unit - Window, Refrigerator, Stove.

This property is listed by Celinda Iaboni and can be reached at 7182564000.

CI

Celinda Iaboni

Agent at Real Broker LLC

(718) 256-4000
Agent website

Listed by Real Broker LLC · Broker phone: (718) 269-4598 · View on Broker Site · Broker website

MLS# 503451· Source: Brooklyn New York Multiple Listing Service· 49 days on PropertySimple

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

554 Central Avenue, Brooklyn, NY 11207

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