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550 Hart Street, Brooklyn NY 11221
550 Hart Street, Brooklyn NY 11221
550 Hart Street, Brooklyn NY 11221
550 Hart Street, Brooklyn NY 11221
550 Hart Street, Brooklyn NY 11221
New York>Brooklyn>Bushwick

550 Hart StreetBrooklyn, NY 11221

For Sale

$2,300,000

Smart Buyer Rebate $28,750

Excellent investment opportunity in the heart of Bushwick! This well-maintained 4-family property offers strong income-producing potential and tremendous upside in one of Brooklyn’s most sought-after neighborhoods. Conveniently located near the Central Ave M train with easy access to restaurants, shopping, parks, and nightlife. Spacious building featuring multiple residential units, high rental demand, and endless possibilities for investors or end-users alike. Ideal for portfolio expansion, value-add improvements, or long-term hold. Prime Brooklyn location with excellent transportation access and strong neighborhood growth.

Listed by Lotfi Chortani

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Keller Williams Landmark II

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347-846-1200

Last updated May 28, 2026

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Source: OneKey #1004910

Listing Facts

  • TypeMulti-family
  • NeighborhoodBushwick
  • Days on Prevu20
  • Taxes$13,630.32/year

Amenities

  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

05/27/2026
Listed by Keller Williams Landmark II
$2,300,000

Estimated Closing Costs

Total
$84,020
Attorney Fees
$4,000
NYC Mansion Tax
$28,750
Title Insurance
$10,350
Bank Attorney
$1,500
Mortgage Recording Tax
$35,420
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $2,300,000 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 550 Hart Street

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Year Built: 1931
  • Architectural Style: Other
  • Construction Materials: Other

Measurements

  • Building Area Total: 5,250
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,438

Financial

Residential Income

  • Cap Rate: 11385.0

Taxes

  • Parcel Number: 03226-0015
  • Tax Annual Amount: $13,630.32
  • Tax Assessed Value: $630,450.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: Eat-in Kitchen

Rooms

  • Basement: Finished
  • Has Basement: Yes

Parking

Parking

  • Parking Features: Off Street

Schools

Elementary School

  • Elementary School: Ps 376
  • 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: Jhs 383 Philippa Schuyler
  • Middle Or Junior School District: Brooklyn 32

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 550 Hart Street.

What schools are nearby to 550 Hart Street?

Nearby schools include the Ps 376 Elementary School, Jhs 383 Philippa Schuyler Middle School, and Bushwick Leaders High School For Academic Excelle.

What are the annual taxes for 550 Hart Street?

Annual taxes for this multi-family home are estimated at $13,630.

How does 550 Hart Street compare to other multi-family homes in Bushwick?

This multi-family home is listed 38% above the average price for multi-family homes in Bushwick and has been on the market for 70 less days than the typical home in this area.

550 Hart Street is a -bedroom multi-family home for sale in Brooklyn NY 11221. Listed on Prevu for 20 days at $2,300,000. This property is located in Bushwick. The median listing price for multi-family homes in this area is $1,197,500. Nearby schools include Ps 376 Elementary School, Jhs 383 Philippa Schuyler Middle School, and Bushwick Leaders High School For Academic Excelle. Additional amenities include air conditioning and parking. Browse more multi-family home listings in Brooklyn.

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 2026, 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.