It previously was on the market for a total of 553 days.
553 days on Market
Pricing History
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Previous Photos & Floor Plan
Key Details
Est. Monthly Mortgage:
-
Mortgage calculator
Total Est. Monthly Carrying Cost:
$16,244
Note: the above is based on a down payment of 20% ($590,000),
which is the minimum amount permitted by the building.
Description
Nest Seekers International;The Global Real Estate Powerhouse, has been retained to facilitate the sale of 550 Hart Street, Brooklyn, NY 11221 which is set up currently as a Legal 4 family residential walk-up building, but could potentially be built to suit such as a Legal-6 Unit 6-story building for example as shown in the rendering. The building will be delivered vacant and is located at one of Brooklyn's fastest growing neighborhood, Bushwick, this property offers an investor or savy home buyer a great opportunity. The area offers easy access to transportation, great schools, shopping and dining at your fingertips.
The lot is situated in a beautiful tree-lined neighborhood. It's an amazing development opportunity and the building will be marketed as a Re-Development or a Gut Renovation opportunity. The building sits on a lot of 25' x 97.5' and the buildings dimensions are currently 25' x 70' which gives you a lucrative rental opportunity.
This Redevelopment has huge potential with R6 zoning and of Max Res. FAR 2.43. It's an incredible opportunity to establish an immediate foothold in Bushwick BK. This up-and-coming neighborhood offers trendy bars and night life, as well as family friendly parks and attractions.
It's a bike ride away from both Williamsburg Bridge andForest Park. Less than a 5 minute walk to the M train, the B38 and the B54 buses. Be in Midtown Manhattan in 30 minutes!
Rent roll:
3rd floor 4200
2nd floor 4700
1st floor 3300
basement 1500
The lot is situated in a beautiful tree-lined neighborhood. It's an amazing development opportunity and the building will be marketed as a Re-Development or a Gut Renovation opportunity. The building sits on a lot of 25' x 97.5' and the buildings dimensions are currently 25' x 70' which gives you a lucrative rental opportunity.
This Redevelopment has huge potential with R6 zoning and of Max Res. FAR 2.43. It's an incredible opportunity to establish an immediate foothold in Bushwick BK. This up-and-coming neighborhood offers trendy bars and night life, as well as family friendly parks and attractions.
It's a bike ride away from both Williamsburg Bridge andForest Park. Less than a 5 minute walk to the M train, the B38 and the B54 buses. Be in Midtown Manhattan in 30 minutes!
Rent roll:
3rd floor 4200
2nd floor 4700
1st floor 3300
basement 1500
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Building Amenities
- Pre War
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.
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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.
CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.
An equal housing opportunity 
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