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$1,775,000

554 Central Ave

Brooklyn, NY
Active
9
Bedrooms
3
Bathrooms
3,600
Square Feet
0.04
Lot Size (acres)
1910
Year Built
87
Days On Market

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.

Listing Information

Listing Updated
5 days ago
Listed By
Eliseo Rivera · Real Broker NY LLC, 8554500442
MLS#
1029842
Source
OneKey MLS
Status
Active

Open Houses

  • Wednesday, October 21
    5:30 PM – 6:30 PM
  • Wednesday, October 21
    5:30 PM – 6:30 PM

Facts & Features

Location

Community Information

Address
554 Central Ave, Brooklyn, NY 11207
City
Brooklyn
County
Kings (Brooklyn)
Zip Code
11207

Architecture

Bedrooms
9
Bathrooms
3
Year Built
1910
Construction Materials
Frame
Building Area
3,600 sq. ft.
Garage Spaces
0
Parking Features
Open, On Street

Features & Amenities

Interior Features
Storage, High Ceilings, Entrance Foyer, Natural Woodwork
Cooling
Wall/Window Unit(s)
Heating
Radiant

Property Features

Lot Size
0.04 Acres
Water
Public
Sewer
Public Sewer
Utilities
Natural Gas Available, Natural Gas Connected, Electricity Connected

Square Footage

Total
3,600 sq. ft.

Tax & Financial Information

List Price
$1,775,000
Annual Taxes
$5,260

Schools

53/100
Ps 151 Lyndon B Johnson
Elementary · Grades PK–05 · 0.3 mi
Assigned school for this home
City
Brooklyn
Students
306
Student body
85% Hispanic / Latino · 11% Black · 2% White
Free/reduced lunch
87%
Phone
(718) 326-6360
100/100
Ps/Is 384 Frances E Carter
Elementary · Grades PK–08 · 0.4 mi
City
Brooklyn
Students
639
Student body
85% Hispanic / Latino · 13% Black · 2% Asian
Free/reduced lunch
77%
Phone
(718) 642-4890
99/100
Academy For Excellence In Leadership
High · Grades 09–12 · 0.5 mi
City
Brooklyn
Students
355
Parent reviews
5.0★ avg · 2 reviews
Student body
71% Hispanic / Latino · 22% Black · 4% White
Free/reduced lunch
55%
Phone
(718) 381-7100
98/100
Ps 106 Edward Everett Hale
Elementary · Grades PK–05 · 0.2 mi
City
Brooklyn
Students
517
Student body
86% Hispanic / Latino · 11% Black · 2% Asian
Free/reduced lunch
95%
Phone
(718) 574-0261
94/100
Bushwick Community High School
High · Grades 09–12 · 0.4 mi
City
Brooklyn
Students
152
Parent reviews
5.0★ avg · 2 reviews
Student body
67% Hispanic / Latino · 32% Black · 1% White
Free/reduced lunch
82%
Phone
(718) 443-3083
75/100
Brooklyn School For Math And Research (The)
High · Grades 09–12 · 0.5 mi
City
Brooklyn
Students
272
Parent reviews
5.0★ avg · 2 reviews
Student body
47% Black · 40% Hispanic / Latino · 5% Asian
Free/reduced lunch
90%
Phone
(718) 381-7100
75/100
All City Leadership Secondary School
High · Grades 06–12 · 0.5 mi
City
Brooklyn
Students
432
Parent reviews
5.0★ avg · 2 reviews
Student body
75% Hispanic / Latino · 9% White · 9% Black
Free/reduced lunch
81%
Phone
(718) 246-6500
67/100
Ps/Is 45 Horace E Greene
Elementary · Grades PK–08 · 0.2 mi
City
Brooklyn
Students
630
Parent reviews
4.0★ avg · 2 reviews
Student body
47% Hispanic / Latino · 44% Black · 4% White
Free/reduced lunch
81%
Phone
(718) 642-5360

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/10/2026Price change$1,775,000
07/23/2026Listed for sale$1,900,000

Listed by Eliseo Rivera · Real Broker NY LLC · 8554500442

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.

Last Updated: October 13, 2026 at 1:43 PM | Source: OneKey MLS | MLS#: 1029842

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