6 months on rocket

1440 Dekalb Ave, Bushwick, NY, 11237

$1,298,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
6 Full Baths
Multi

Location

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1440 Dekalb Ave, New York$1,298,000

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

Welcome to 1440 Dekalb Avenue, an exceptional investment opportunity nestled in the vibrant heart of Bushwick, New York. This captivating 6-family classic brick building, spanning an impressive 6,800 sqft across three stories plus basement, stands as a testament to timeless elegance and potential. With its desirable R6, C1-3 zoning, this property not only offers immediate returns from its stable tenant base but also presents exciting prospects for future development. Investors can explore the possibilities of utilizing additional air rights, expanding the existing structure, or converting floors and the basement into lucrative commercial spaces. Each floor of this meticulously maintained building comprises two thoughtfully designed apartments, all rent-stabilized and featuring spacious layouts with three bedrooms, a full bath, a kitchen, and a generous living room area. The basement further adds to the property's appeal, providing ample space for customization or additional amenities. Beyond its inherent charm and lucrative potential, 1440 Dekalb Avenue benefits from its prime location, offering convenient access to public transportation options including the nearby L train at Dekalb Station and local bus routes, ensuring seamless connectivity to the rest of the city. Moreover, At $191 per sqft, this property represents a compelling opportunity to invest in Bushwick's rich history while simultaneously shaping its future. Whether you're a seasoned investor seeking immediate returns or looking to capitalize on the neighborhood's burgeoning commercial hubs in nearby East Williamsburg, 1440 Dekalb Avenue offers limitless possibilities for growth and prosperity. Don't miss your chance to become part of Bushwick's dynamic landscape.

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: $1,298,000
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Housing Market Comparison

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

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

1440 Dekalb Ave vs New York

193 DAYS ON ROCKET

+109 Days

$1,298,000

+$441.8K More

KEY TAKEAWAY

This property is $441.8K 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: 11/23/2024, 9:11:49 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

$6,546

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,958

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-982871
8
/10
  • P.S. 376 Brooklyn

  • 194 Harman St

  • 0.21 miles

  • Public District Grades KG-5

school-card-donut-982872
2
/10
  • P.S. 123 Suydam School

  • 100 Irving Ave

  • 0.24 miles

  • Public Magnet Grades PK-5

school-card-donut-982873
5
/10
  • P.S. 86 The Irvington School

  • 220 Irving Ave

  • 0.25 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,627. The most common annual income of people living in New York, NY is less than $35k. Residents typically live in single, no kids family. Most residents in this area 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 $1,298,000.

New York, NY housing market in October 2024 saw over 269 listings sold above listed price, more than 850 sold at listed price and over 833 sold below. The number of homes for sale in New York, NY increased by 1.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 84 days, the median list price was $856,124.

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

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