661 Central Ave, Brooklyn, NY, 11207
About This Home
661 Central Ave is a free-market mixed-use investment opportunity in the heart of Bushwick. This corner property features 2 commercial units and 4 residential units, offering strong in-place income with significant upside through renovation and potential future reconfiguration. The asset is well positioned near local retail corridors, neighborhood amenities, and convenient access to the Wilson Ave and Chauncey St subway stations. With attractive existing cash flow, value-add potential, and a highly sought-after Brooklyn location, this is a compelling opportunity for investors seeking both current income and long-term growth.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1906
Materials
- Foundation: Concrete Perimeter
- Roof: Rubber
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Property subType: Mixed Use
Interior
Appliances
- Appliances included: Oil Water Heater
Basement
- Has basement: Yes
- Basement: Partially Finished,Separate Entrance
Bedrooms & Bathrooms
- Bathrooms: 4
- 1/2 bathrooms: 4
Features
- Door features: Doors - 10 ft and under
- Flooring: Hardwood,Linoleum,Other
Heating
- Heating features: Oil,Hot Water
Interior Area
- Total structure area: 6,221
- Total interior livable area: 6,221 sqft
Property
Details
- Parcel number: 03447001001
- Attached to another structure: Yes
- Zoning: M1-1
- Special condition: Arm's Length
- Foundation area: 1575
Features
- Stories: 3
Lot
- Lot size: 2,500 sqft
- Lot size dimensions: 25x100
Parking
- Parking features: Street,None
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,135 | $145,620 |
| Home Insurance * | $938 | $11,256 |
| Property Taxes | $1,119 | $13,428 |
| Electricity | $1,028 | $12,336 |
| Total | $15,220 | $182,640 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-03 | Listed for sale | $2,399,999 |
View on Zillow