HouseBrooklyn (United States)

Price :

$4,250,000

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

Surface701 m²bedrooms17 bathrooms10 land0 ha

Setup Sheet Upon Request Introducing 95 Central Avenue, Your Gateway to Exceptional Investment in Bushwick, New York! Nestled in the heart of one of Brooklyn’s most vibrant neighborhoods, 95 Central Avenue presents a rare and exciting opportunity for savvy investors. This stunning 9-family property with an active tax abatement in place is the epitome of modern urban living and smart financial planning. With an estimated completion date set for Winter 2024, this property offers a unique chance to secure your slice of Brooklyn’s thriving real estate market. Prime Location : Situated in the dynamic Bushwick neighborhood, 95 Central Avenue enjoys proximity to trendy restaurants, artisanal cafes, vibrant street art, and excellent public transportation options, making it a prime destination for tenants seeking the ultimate Brooklyn experience. Nine Units : This expansive property boasts a total of nine spacious and thoughtfully designed units, offering versatility to attract a diverse range of tenants, from singles to families. Tax Abatement : Take advantage of an active tax abatement that can significantly reduce your property taxes, ensuring a favorable return on investment. Enjoy the benefits of long-term savings while reaping the rewards of Bushwick’s appreciating real estate market. Can also be delivered without a tax abatement Modern Design : The development showcases contemporary architecture and design, providing stylish and comfortable living spaces that meet the demands of today’s discerning renters. Investor-Friendly : With nine units, this property offers multiple income streams, maximizing your potential returns. Plus, the demand for housing in Bushwick remains strong, ensuring consistent occupancy and rental income. Projected Completion by Winter 2024 : Be among the first to secure a spot in this exciting development, with an estimated completion date that aligns perfectly with the growing demand for housing in the area. . Investment Growth : Bushwick’s real estate market has been on a steady upward trajectory, offering excellent long-term appreciation potential for investors looking to diversify their portfolio. Local Amenities : Enjoy easy access to an array of amenities, including parks, shopping centers, and cultural attractions, ensuring that your tenants have everything they need within reach. Community and Culture : Immerse yourself in Bushwick’s unique blend of culture and creativity, as you become part of a community that celebrates the arts, music, and culinary delights. These developers set out to craft an exceptional offering that outshines its local competition. With this goal in mind, every unit has been designed to perfection, featuring generous ceiling heights, expansive floor-to-ceiling windows, elegant wide plank oak flooring, in-unit washer/dryer facilities, central air conditioning, quartz countertops in the kitchens, recessed lighting, tankless water heaters, and a cutting-edge virtual doorman. The cost of hot water and heating falls to the tenants, ensuring remarkably low utility expenses for property owners. Most units grant residents exclusive access to their own private outdoor areas, while the undeveloped rooftop presents an opportunity to transform it into a shared rooftop deck for all to enjoy. In summary, 95 Central Avenue represents a remarkable investment opportunity in one of Brooklyn’s most sought-after neighborhoods. With a tax abatement in place, modern design, and a projected completion date in Winter 2024, this 9-family property offers a strategic and lucrative addition to your real estate portfolio. Don’t miss out on your chance to be part of the vibrant Bushwick community while enjoying the financial benefits of smart real estate investment. Act now and secure your future in this thriving Brooklyn enclave!