Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.06 Acres

Financials

Price:$2,695,000
Annual Taxes:$8,393.36
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Capri Jet Realty Corp

Description

6-Family Gem in the Heart of Bushwick – Live in Luxury, Collect 5 Rents! Welcome to a rare investment and lifestyle opportunity in the vibrant and rapidly gentrifying neighborhood of Bushwick, Brooklyn. This solid investment 6-family property offers the perfect blend of upscale living and smart investing. Whether you're an investor looking for strong rental income or a buyer seeking a luxury home with built-in revenue, this one checks all the boxes. Apartment A is a renovated duplex masterpiece featuring approximately 1,500 sq ft of high-end living space. Currently configured as a spacious 1-bedroom with 1.5 baths, it can easily be converted into a 3-bedroom layout. Enjoy top-tier finishes including: Custom white maple cabinetry GE Profile stainless steel appliances (microwave, dishwasher, refrigerator with automatic ice dispenser) Recessed lighting & hardwood floors Central A/C and heating (mini-split units) Solid interior doors, generous closet space Private outdoor space for your enjoyment Other features include a brand new intercom audio / visual door bell system, new vinyl siding and a large backyard. Live in style while the other 5 units generate passive income. Four of the remaining five apartments have been tastefully renovated, and all are occupied by respectful, paying tenants, ensuring consistent cash flow from day one. Building: 25 ft x 50 ft Lot: 25 ft x 100 ft Zoning: R6 FAR: 1.5; Max FAR: 2.43 Taxes: $8,392/Yr This is a rare find in a prime location with endless upside.

Amenities

  • Electricity Available
  • Natural Gas Available
  • Sewer Available
  • Walk Up
  • Water Available

6 Family Gem in the Heart of Bushwick Live in Luxury, Collect 5 Rents !


    Long Island MLS

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.