Bushwick Income Property For Sale

378 Central Ave, Brooklyn, NY 11221

View on Map

For Sale

$1,780,000

Four residential units plus two commercial spaces in Brooklyn.

Type:Investment

HighLights

High Income Potential: Current 7 CAP rate with potential to reach 8.8 CAP.
Strong Net Operating Income: Current NOI of $124,794 with pro‑forma NOI of $154,794.
Significant Gross Income: Current gross income of $162,000 with pro‑forma income of $192,000.
Four Residential Units: Features four two‑bedroom railroad‑style apartments.
Two Commercial Spaces: Includes two commercial spaces, providing diversified income streams.
Excellent Location: Situated in the center of Bushwick with high walk, bike, and transit scores (Walk Score 82, Bike Score 70, Transit Score 84).

We can help!

Listing Contact

Dongyue Niu

Learn more

For Sale

$1,780,000

Four residential units plus two commercial spaces in Brooklyn.

Type:Investment

Added:: Apr 21, 2026
Days on Market:: 52
Last Refresh:: Apr 21 at 12:58 am

Property Features for 378 Central Ave

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1931

We can help!

Listing Contact

Dongyue Niu

Listing agent Dongyue Niu License #10401282827

Listing office Landmark International Real Estate LLC

Listing date Apr 21, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Landmark International Real Estate LLC

HighLights

High Income Potential: Current 7 CAP rate with potential to reach 8.8 CAP.
Strong Net Operating Income: Current NOI of $124,794 with pro‑forma NOI of $154,794.
Significant Gross Income: Current gross income of $162,000 with pro‑forma income of $192,000.
Four Residential Units: Features four two‑bedroom railroad‑style apartments.
Two Commercial Spaces: Includes two commercial spaces, providing diversified income streams.
Excellent Location: Situated in the center of Bushwick with high walk, bike, and transit scores (Walk Score 82, Bike Score 70, Transit Score 84).

Overview

Located in the center of Bushwick, this property features four two-bedroom railroad-style apartments and two commercial spaces. The property currently operates at a 7% capitalization rate, with the potential to reach 8.8%. The gross income is $162,000, with a net operating income of $124,794. Pro-forma income is projected at $192,000, with a net operating income of $154,794. The location is considered very bikeable, with a bike score of 70, and very walkable, with a walk score of 82. The transit score is 84, indicating excellent transit options.

Location Intelligence

Current Use by Public Records

WIKID TATTOOS Tattoo & Piercing Shop D clary salón ... Hair Salon Ley Salon Hair Salon

Suggested Use

Location Insight

Map
Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -73.918414
Latitude: 40.69397

Nearby Similar for Sale

$999,000

15,000 SF

Turn-Key Supermarket Business Opportunity

Thriving supermarket business for sale in prime Gravesend location.

53-65 Quentin Road, Brooklyn, NY 11223

View Details
$999,000

8,820 SF

Established Supermarket Business For Sale

High-volume supermarket in Bensonhurst/Gravesend with excellent street exposure.

65 Quentin Road, Brooklyn, NY 11223

View Details
$7,200,000

23,400 SF

Brooklyn Mixed-Use Investment Opportunity

Mixed-use property in Brownsville with diverse income streams.

340 Junius Street, Brooklyn, NY 11212

View Details
$1,988,000

3,740 SF

Flatbush Avenue Retail Investment Opportunity

High-exposure retail asset with stable income and development potential.

1800 Flatbush Avenue, Brooklyn, NY 11210

View Details
$2,190,000

3,500 SF

Luxury Atelier & Designer Showroom

Turnkey, two-story luxury atelier in Sunset Park, Brooklyn.

821 39th Street, Brooklyn, NY 11232

View Details
$1,799,000

3,158 SF

Prime Kings Highway Commercial Unit

Spacious commercial unit in a high-traffic Brooklyn location.

366 Kings Highway, Brooklyn, NY 11223

View Details
$1,700,000

3,000 SF

Automotive Repair Facility

Operating automotive repair and service facility with street access and a layout suited to maintenance, detailing, and related services.

4201 Glenwood Road, Brooklyn, NY 11210

View Details
$5,390,000

6,970 SF

Prime Corner Commercial Brooklyn Building

Highly visible corner commercial property on 7th Avenue, Brooklyn.

5301 7th Avenue, Brooklyn, NY 11220

View Details
$1,698,000

1,846 SF

Medical Condo in Bensonhurst, Brooklyn

Medical condo with equipment, patient database, and revenue potential.

7620 Bay Parkway, Brooklyn, NY 11214

View Details
$2,980,000

7,311 SF

Multi-Tenant Office Building with Elevator

Built in 1996 and fully leased to five commercial tenants with multiple entrances and independent HVAC systems.

8510 Bay 16th Street, Brooklyn, NY 11214

View Details
$2,000,000

3,300 SF

Prime Corner Retail Building Brooklyn

One-story retail building with development potential in Brooklyn, NY.

229 Tompkins Avenue, Brooklyn, NY 11216

View Details
$2,850,000

3,400 SF

Bensonhurst Commercial Building For Sale

Two-story commercial building with finished basement in prime Bensonhurst location.

7024 18th Avenue, Brooklyn, NY 11204

View Details

For sale
Apartment buildings
NY
Brooklyn
11221
378 Central Ave

What type of property is this?

Apartment building - Four residential units plus two commercial spaces in Brooklyn.

Where is this apartment building located?

The property is located at 378 Central Ave Brooklyn, NY.

What is the asking price?

The asking price for this property is $1,780,000.

What are key features of this property?

This property features: High Income Potential: Current 7 CAP rate with potential to reach 8.8 CAP.; Strong Net Operating Income: Current NOI of $124,794 with pro‑forma NOI of $154,794.; Significant Gross Income: Current gross income of $162,000 with pro‑forma income of $192,000.