1057 Jefferson Ave
Listing Notes
Free-market three-family investment property Built in 1915 and subsequently gut renovated Three spacious 3-bedroom apartments First-floor duplex features three bathrooms Second- and third-floor apartments each feature two bathrooms First-floor duplex delivered vacant with an exclusive private backyard-an exceptional owner-user opportunity High ceilings throughout Washer and dryer in every apartment Approximately 3,000 SF building on a 20' x 100' lot Full basement Expansive private backyard Original decorative fireplace Located within a designated Opportunity Zone Strong in-place cash flow with additional rental upside Actual Gross Income: $137,820 R6 zoning with approximately 1,400 SF of additional buildable area Potential Gross Income: $152,808.00 Actual NOI: $125,882.00 Potential NOI: $140,870.05 Low annual property taxes of approximately $3,431.92 Prime Bushwick location near the L train, shopping, dining, and neighborhood amenities Owner-User Opportunity: Based on a 6.25% mortgage rate, approximately $7,435/month in rental income helps offset your monthly mortgage payment.
Price in context
Cheaper than 12% of the 24 homes listed nearby right now, which run $1,299,000 to $2,749,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 1090 Hancock St | $1,299,000 | 7 bd · 5 ba |
| 934 Jefferson Ave | $1,299,999 | 5 bd · 3 ba |
| 31 Woodbine St | $1,350,000 | 5 bd · 3 ba |
| 1098 Jefferson Ave | $1,400,000 | 6 bd · 3 ba |
| 32 Covert St | $1,499,000 | 6 bd · 4 ba |
| 711 Macdonough St | $1,548,000 | 6 bd · 4 ba |
| 605A Decatur St | $1,599,000 | 4 bd · 3 ba |
| 1119 Putnam Ave | $1,700,000 | 6 bd · 3 ba |
| 1231 Putnam Ave | $1,820,000 | 5 bd · 4 ba |
| 1055 Jefferson Ave | $1,850,000 | 7 bd · 3 ba |
| 1214 Jefferson Ave | $1,875,000 | 7 bd · 3 ba |
| 1271 Bushwick Ave | $1,900,000 | 8 bd · 4 ba |
| 1271 Bushwick Ave | $1,900,000 | 8 bd · 3.5 ba |
| 617 Decatur St | $1,900,000 | 5 bd · 3 ba |
| 30 Weirfield St | $1,970,000 | 4 bd · 4 ba |
| 131 Weirfield St | $1,995,000 | 4 bd · 5 ba |
| 1217 Jefferson Ave | $1,995,000 | 5 bd · 5 ba |
| 655 Decatur St | $2,195,000 | 6 bd · 4 ba |
| 1244 Bushwick Ave | $2,200,000 | 10 bd · 3 ba |
| 1244 Bushwick Ave | $2,200,000 | 10 bd · 3 ba |
| 1147 Hancock St | $2,250,000 | 5 bd · 6 ba |
| 1115 Hancock St | $2,475,000 | — |
| 101 Saratoga Ave | $2,495,000 | 5 bd · 5 ba |
| 99 Eldert St | $2,749,000 | 9 bd · 4 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more