Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.05 Acres

Financials

Price:$1,499,000
Annual Taxes:$15,804.16
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Century 21 Amiable Rlty Grp II

Description

Exceptional Investment on the Bushwick/Ridgewood Border. Discover a well-maintained 6-family building ideally located just blocks from the “L,” “J,” and “Z” trains, offering easy access to Manhattan and surrounded by the energy of Bushwick’s art scene and Ridgewood’s vibrant cafe culture. Each of the six apartments features two bedrooms, one bathroom, an eat-in kitchen, and a comfortable living room layout—providing desirable and spacious accommodations for tenants. Generating an impressive $127,200 in annual rental income, with additional upside potential—the owner’s apartment will be delivered vacant, offering the opportunity to increase income or occupy as an end user. Over the last decade, all six apartments have undergone renovations, adding long-term value and strong rental appeal. The building features a full finished basement, two charming courtyards, and well-kept common areas that reflect the pride of ownership. Sold as is, this property offers both stability and potential. Don't miss this rare opportunity to own a turn-key building in one of Brooklyn’s most sought-after locations.

Amenities

  • Back Yard
  • Electricity Connected
  • Gas Range
  • Natural Gas Connected
  • Near School
  • Near Shops
  • Oven
  • Refrigerator
  • Sewer Available
  • Smoke Detectors
  • Trash Collection Public
  • Video Cameras
  • Water Connected

Exceptional Investment on the Bushwick Ridgewood Border.


    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.