531 Central Avenue, Brooklyn, NY 11221 - Photo 1

1/1

$1,600,000

Sold
Closed
Commercial

1/1

Property Description

Introducing 531 Central Ave in the heart of Bushwick. An incredible opportunity for a user or investor with this mixed use building that has loads of potential. 2 oversized apartments that can be 3-4 bedrooms each over a commercial space with a very rare 4 car garage and a basement underneath. This property is near all major hubs including multiple subway stops, restaurants, shops, and much more that this bustling neighborhood offers. This building will be delivered vacant at closing., Building Size:20x60

Full Property Details

Full Property Details for 531 Central Ave

General

Sold For: $1,600,000
Taxes: $3,710
Status: Closed
Type: Commercial
Source: Long_Island
MLS ID: L3535450
Added to Site: 813 day(s) ago

Parking

Total Spaces: 4

Location

County: Kings (Brooklyn)
Cross Streets: Weirfield
Driving Directions: see gps

Heating & Cooling

Heating Type: Natural Gas, Other

Structural Information

Detached/Attached: Detached
Year Built: 1905

Lot Features

Lot Size (Sq. Ft.): 2,000
Zoning: S2

Financial Considerations

Tax Amount: $3,710

Listed by Prime Realty
Sold by Winzone Realty Inc

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— 531 Central Ave —

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Schools

Schools serving 531 Central Ave

School District:New York City Geographic School District 32

Name	Grades	Distance
Ps 151 Lyndon B Johnson 763 Knickerbocker Ave, Brooklyn, NY 11237	PK-5	0.3 mi
Evergreen Middle School-Urban Exploration 125 Covert Street, Brooklyn, NY 11207	6-8	0.1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 531 Central Ave

Date

Details

Price

Change

Source

10/15/2024

Sold

$1,600,000

-5.83%

MLS

6/05/2024

Price Reduced

$1,699,000

-15.05%

MLS

4/03/2024

Price Reduced

$1,999,999

-13.04%

MLS

3/04/2024

Listed

$2,299,999

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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531 Central Avenue, Brooklyn, NY 11221 (MLS# L3535450) is a Commercial property that was sold at $1,600,000 on October 15, 2024. Want to learn more about 531 Central Avenue? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

531 Central Ave Brooklyn, NY 11221