Welcome to 1440 Dekalb Avenue, an exceptional investment opportunity nestled in the vibrant heart of Bushwick, New York. This captivating 6-family classic brick building, spanning an impressive 6,800 sqft across three stories plus basement, stands as a testament to timeless elegance and potential. With its desirable R6, C1-3 zoning, this property not only offers immediate returns from its stable tenant base but also presents exciting prospects for future development. Investors can explore the possibilities of utilizing additional air rights, expanding the existing structure, or converting floors and the basement into lucrative commercial spaces. Each floor of this meticulously maintained building comprises two thoughtfully designed apartments, all rent-stabilized and featuring spacious layouts with three bedrooms, a full bath, a kitchen, and a generous living room area. The basement further adds to the property's appeal, providing ample space for customization or additional amenities. Beyond its inherent charm and lucrative potential, 1440 Dekalb Avenue benefits from its prime location, offering convenient access to public transportation options including the nearby L train at Dekalb Station and local bus routes, ensuring seamless connectivity to the rest of the city. Moreover, At $191 per sqft, this property represents a compelling opportunity to invest in Bushwick's rich history while simultaneously shaping its future. Whether you're a seasoned investor seeking immediate returns or looking to capitalize on the neighborhood's burgeoning commercial hubs in nearby East Williamsburg, 1440 Dekalb Avenue offers limitless possibilities for growth and prosperity. Don't miss your chance to become part of Bushwick's dynamic landscape.
- MLS# 11331668
- Date Listed08/12/2024
- Days on Realty 480 Days
- Bedrooms -
- Bathrooms 6 Full baths
- Lot Size 0.06 acres (2,500 sq. ft)
- County Kings
- Year Built 1931
- Square Feet 5,100 sq. ft
- Price Per Sq. Ft $195.69
Interior Features
- Flooring Hardwood
- Heating Natural Gas, Hot Water
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.06
- Lot Size SQFT 2,500.00
- Lot Features -
Directions
Google Maps
Financial Considerations
- Tax Amount $8,229
- Terms Cash, Conventional, FHA, VA Loan
Sales & Tax History
Source: Public Records
| Year | Taxes | Land | Additions | Total Assessments |
|---|---|---|---|---|
| 2024 | $8,879.67 7.33% | $122,850 | $362,250 | $485,100 |
| 2023 | $8,228.57 9.09% | $122,850 | $404,550 | $527,400 |
| 2022 | $7,480.78 7.40% | $122,850 | $335,250 | $458,100 |
| 2021 | $6,927.32 -1.68% | $122,850 | $289,800 | $412,650 |
| 2020 | $7,043.64 | $122,850 | $297,810 | $420,660 |
| Date | Event | Price |
|---|---|---|
| 08/12/2024 | Active | $1,298,000.00 |
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 840 Greene Avenue | 8 | 4 | Nov 13, 2025 | $1,998,000 |
| 17-02 SUYDAM Street | 3 | 2 | Oct 28, 2025 | $1,250,000 |
| 1873 Hart Street * | 5 | 3 | Oct 24, 2025 | $1,495,000 |
| 74 COVERT Street NA | 6 | 3 | Nov 24, 2025 | $1,200,000 |
| 318 Bleecker Street | 3 | 3 | Oct 24, 2025 | $1,135,000 |
| 352 ONDERDONK Avenue NA | 6 | 4 | Oct 28, 2025 | $2,100,000 |
| 716 Monroe Street Building | - | 0 | Oct 23, 2025 | $1,500,000 |
| 703 MONROE Street NA | 3 | 2 | Oct 23, 2025 | $750,000 |
| 1174 HANCOCK Street NA | 3 | 3 | Nov 27, 2025 | $1,025,000 |
| 606 ONDERDONK Avenue NA | 4 | 4 | Oct 23, 2025 | $1,265,000 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 55,667 | 2,676,777 | 2,676,861 | 335,858,263 |
| Population Density | 56,170 | 37,813 | 37,800 | 95 |
| People per Household | 3.2 | 2.7 | 2.7 | 2.6 |
| Median Age | 35.8 | 38 | 38 | 39.1 |
| Median Income | $59,205 | $68,781 | $68,783 | $66,222 |
| Average Income | $25,383 | $37,907 | $37,909 | $35,475 |
| Cost of Living Index | 158 | 133 | 133 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 26.5°F | 26.4°F | 26.4°F | 22.6°F |
| July Avg. High Temp | 84.7°F | 84.7°F | 84.7°F | 86.2°F |
| Annual Precipitation | 44.36" | 46.18" | 46.18" | 38" |
98/100
Walker's Paradise
Walk Score ®
100/100
Rider's Paradise
Transit Score ®
96/100
Biker's Paradise
Bike Score ®
Overview
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.Transit Summary
24 nearby routes: 17 bus, 7 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 83/100, Transit Score: 89/100, Bike Score: 72/100.
Property Change History
Points of Interest near 1440 Dekalb Ave, Bushwick, NY 11237
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Frequently Asked Questions for 1440 Dekalb Ave
Source: Realty.com
1440 Dekalb Ave, Bushwick, NY 11237 is a Multi Family, Residential Income property listed for $998,000 The property is 5100 sq. ft with - bedrooms and 6 bathrooms
Realty.com has 14 photos of 1440 Dekalb Ave.
Our records indicate that 1440 Dekalb Ave was built in 1931.
The full address for this home is 1440 Dekalb Ave, Bushwick, NY 11237.
1440 Dekalb Ave has been listed on Realty.com since Mon August 12, 2024
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 83/100, Transit Score: 89/100, Bike Score: 72/100.
Listing provided courtesy of:
Prime America Real Estate Inc
(tel: 347-725-3142)
Listing agent:
Gobinda Lama
(tel: 347-725-3142)
(#105049)
This content last refreshed on 2025-12-05 00:59:02. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 1440 Dekalb Ave, Bushwick, NY 11237 : MLS# 11331668