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229 Central AvenueBrooklyn, NY 11221

For Sale

$1,575,000

Smart Buyer Rebate $19,688

Mixed-Use 2-Family with Vacant Commercial Space in Bushwick!

Opportunity knocks in prime Bushwick! This mixed-use 2-family plus store building offers two
spacious apartments, each with a 3-bedroom box layouts and 2 bathrooms. The classic box-style floor plan ensures privacy, with each bedroom accessed without walking through another. The most desirable aspect of this building must be the vacant commercial space allowing the new owner to start earning income immediately. Neither unit currently has a lease, giving you the flexibility to renovate, rent, or occupy immediately. The property also includes an unfinished basement — perfect for storage or potential future use.

Located in a vibrant neighborhood near local shops, restaurants, and public transportation, it is just 2 blocks from Knickerbocker Ave and Central Ave M train subway stations, only 1 block from busy Myrtle Ave, ensuring strong foot traffic and easy accessibility. This property is ideal for investors or end-users looking to create value in a highly desirable Brooklyn location.

Building: 19.67 x 55 ft
Lot: 19.67 x 100 ft
Zoning: R6
FAR: 1.27; Max FAR: 2.43
Taxes: $2,770/Yr

Endless potential — bring your vision and make 229 Central Ave your next investment or home!

Great Investment Opportunity!

*Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.

Listed by Agata Landa

·

Capri Jet Realty Corp

·

718-388-2188

Last updated August 17, 2025

·

Source: OneKey #902179

Listing Facts

  • TypeMulti-family
  • NeighborhoodBushwick
  • Bedrooms6
  • Bathrooms4
  • Days on Prevu22
  • Taxes$2,770/year

Location

Mortgage Calculator

Listing History

08/16/2025
Listed by Capri Jet Realty Corp
$1,575,000

Estimated Closing Costs

Total
$56,593
Attorney Fees
$4,000
NYC Mansion Tax
$15,750
Title Insurance
$7,088
Bank Attorney
$1,500
Mortgage Recording Tax
$24,255
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,575,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 229 Central Avenue

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Year Built: 1931
  • Construction Materials: Frame

Measurements

  • Building Area Total: 2,500
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.04
  • Lot Size Dimensions: 19
  • Lot Size Square Feet: 1,967

Financial

Taxes

  • Parcel Number: 03266-0005
  • Tax Annual Amount: $2,770.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Hardwood
  • Interior Features: Eat-in Kitchen

Rooms

  • Basement: Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 6

Schools

Elementary School

  • Elementary School: Ps 274 Kosciusko
  • Elementary School District: Brooklyn 32

High School

  • High School: Bushwick Leaders High School For Academic Excelle
  • High School District: Brooklyn 32

Middle or Junior School

  • Middle Or Junior School: Is 349 Math, Science & Technology
  • Middle Or Junior School District: Brooklyn 32

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.