John H Russo
BEDS0
BATHS
MLS#1004910
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBrooklyn 32
Property Description
Excellent investment opportunity in the heart of Bushwick! This well-maintained 4-family property offers strong income-producing potential and tremendous upside in one of Brooklyn's most sought-after neighborhoods. Conveniently located near the Central Ave M train with easy access to restaurants, shopping, parks, and nightlife. Spacious building featuring multiple residential units, high rental demand, and endless possibilities for investors or end-users alike. Ideal for portfolio expansion, value-add improvements, or long-term hold. Prime Brooklyn location with excellent transportation access and strong neighborhood growth.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished
Cooling: Central Air
Heating: Natural Gas
Home Style: Other
Lot Size: 0.06 Acres
Taxes: $13,630
Year Built: 1931
Amenities
Eat-in Kitchen
Feature Descriptions
Building Area Total: 5250
Cap Rate: 11385
Exterior: Other
Heating Units: 4
On Market Date: 2026-05-27
Parcel Number: 03226-0015
Parking Features: Off Street
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 5
Separate Gas Meters: 5
Sewer: Public Sewer
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Local Schools
High School: Bushwick Leaders High School For Academic Excelle
Middle School: Jhs 383 Philippa Schuyler
Elementary School: Ps 376
School District: Brooklyn 32
Listed By / Shown By
Listing By
Agency Name: Keller Williams Landmark II
Agency Contact: 347-846-1200
Shown By
Agent Name: John H Russo
Agent Phone: Cell: (516) 384-4552
Agency Title: Howard Hanna | Coach Realtors
Estimate Your Payment
Estimated Payment
$ 11,684.18 per month $9,877.52 Principal & Interest $1,135.83 Property Tax $670.83 Homeowner's InsuranceChange Payment Information
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550 Hart Street | MLS# 1004910
This multi-family property located at 550 Hart Street , Brooklyn, NY 11221 is currently listed for sale with an asking price of $2,300,000. Hart Street is located within the Brooklyn 32 school district. Search Brooklyn real estate on jrusso.coachrealtors.com today.