Open House 10/21 5:30pm - 6:30pm
554 Central Avenue
Brooklyn, NY, 11207 $ 1,775,000
Bedrooms9 Baths3.0 Sq 3,600 Monthly Estimate*
$ 12,259
for $1,775,000 with 9 bedrooms and 3 full baths. This 3,600 square foot home was built in 1910 on a lot size of 0.0367.
An exciting opportunity to own a substantial three family property in one of Bushwick’s most energetic and sought after neighborhoods! 554 Central Avenue offers approximately 3,600 SF across three full stories in a vibrant and bustling section of Bushwick . Delivered fully vacant, the property gives you complete flexibility from day one. Each residence offers generous proportions, spacious layouts, and high ceilings throughout, creating comfortable interiors with excellent potential for renovation, rental income, or multigenerational living. The building’s impressive scale places it among the larger properties on this stretch of Central Avenue. Live in one residence while renting the others, establish market rents across all three units, or reposition the entire property according to your vision. The combination of full vacancy, three residential units, generous interior space, and R6 zoning makes this an appealing opportunity for investors and owner occupants alike. Located near Bushwick’s restaurants, nightlife, shopping, and neighborhood businesses, with convenient access to the J and L trains, the home offers space, flexibility, and long term potential in one of Brooklyn’s most energetic neighborhoods.
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Open House
10/21/2026 5:30 PM - 6:30 PM
554 Central Avenue Brooklyn, NY
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesInteriorInterior Amenities First Floor Bedroom Entrance Foyer Formal Dining High Ceilings Natural Woodwork Storage Washer/Dryer Hookup
Basement Finished Full Storage Space Walk-Out Access
Basement Features Finished Full Storage Space Walk-Out Access
Basement (Y/N) Y
Total Bedrooms 9
Total Baths 3
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GeneralSewer Public Sewer
Heating Radiant
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected
Construction Materials Frame
Year Built 1910
Property Subtype Triplex
Tax Year 2025
Parcel Number 03403-0034
County Kings (Brooklyn)
Property Type Residential Income
Garage Y/N N
Full Baths 3
Directions Please see Google Maps.
High School Bushwick Community Hs
City New York
Senior Community Y/N N
High School District Brooklyn 32
Number Of Units Total 3
Carport Y/N N
Elementary School Ps 151 Lyndon B Johnson
Property Attached Y/N Y
Tax Annual Amount 5260.32
Middle/Junior High School Evergreen Ms-Urban Exploration
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooklyn 32
Elementary School District Brooklyn 32
Tax Assessed Value 88740
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ExteriorParking Features On Street Open On Street Open
Water Source Public
Building Area Total 3600
Waterfront Y/N N
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* Excluded FeaturesList ByEliseo RiveraListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $12,259
- Monthly Property Taxes
- $438
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Brooklyn, NY
Average List Price $1,803,644
Percent of Sale Price 2%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
4759945 Elementary School
4098888 Middle School
Bushwick Community Hs High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/10/2026 | $1,775,000 | -6.58% | Price Down |
| 7/23/2026 | $1,900,000 | | Listed Price |