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    229 Central Ave Brooklyn, NY 11221

    For Sale
    $1,575,000

    Triplex - Brooklyn, NY

    Type:Triplex
    Property size:
    2,500 SF
    Lot size:
    0.05 Acres
    Days on Market:
    113
    Last Refresh:
    Dec 6 at 5:06 am

    Property Features for 229 Central Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    4
    APN
    03266-0005
    Interior features
    Eat-in Kitchen
    Basement Y/N
    1
    Size
    2,500 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1931
    Number of units
    3
    Flooring type
    Hardwood
    Building materials
    Frame
    Architectural style
    Other

    Capri Jet Realty Corp. (347) 450-3577 [email protected]

    Listing agent Agata Landa (718) 388-2188 License #10401298444

    Listing date Aug 16, 2025

    MLS# 902179 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bushwick Mixed-Use Building with Vacant Space

    This mixed-use property in Brooklyn's Bushwick neighborhood features a two-family residence with a vacant commercial space. Each of the two apartments includes a 3-bedroom layout with 2 bathrooms. The box-style floor plan ensures bedroom privacy. The vacant commercial space allows for immediate income generation. The property also features an unfinished basement suitable for storage or future development. The building dimensions are 19.67 x 55 feet, situated on a 19.67 x 100 foot lot. Zoned R6, the property has a FAR of 1.27 with a maximum FAR of 2.43. Located near local shops, restaurants, and public transportation, the property is two blocks from the Knickerbocker Ave and Central Ave M train subway stations and one block from Myrtle Ave, ensuring foot traffic and accessibility. The property is suitable for investors or end-users. The annual taxes are $2,770.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Contact Graphic Designer

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.92314
    Latitude
    40.697235

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with vacant commercial space in prime Bushwick.
    Where is this mixed-use property located?
    The property is located at 229 Central Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,575,000.
    What are key features of this property?
    This property features: - Vacant commercial space provides immediate income potential.; - Two spacious 3-bedroom, 2-bathroom apartments offer flexible use (renovate, rent, or occupy).; - Prime Bushwick location near shops, restaurants, and transportation.
    (718) 388-2188
    Request Owner's contact information
    229 Central Ave Brooklyn, NY 11221
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    Brooklyn, NY 11221
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    229 Central Ave Brooklyn, NY 11221
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