106 Vanderveer St # 1, Brooklyn, NY 11207

8 beds3 baths-- sqft

Pending
$300,000
Zestimate®: $720,878
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My Notes

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Great opportunity in Bushwick ideal for a handyman/contractor/developer! Incredible opportunity to invest in one of the most rapidly developing Renaissance areas of New York City. This 8BR/3BTH home requires approximately at least $50k of renovations and is priced to sell accordingly as the most competitively priced single family home in Bushwick on the market. Originally a 2 family home, this building conveniently contains 2 separate meters which would make it very easy to convert back into 2 units. Purchase as a flip to sell as 2 individual condos or purchase to keep as a 2 family house for rental income. This great opportunity is located across the street from a factory that is being condo converted! Next door to this property is a newer construction rental building! Moreover, this house is situated one block from the L train and walking distance from the A/C/J/L/Z at Broadway Junction.Do not allow this fantastic opportunity to slip away!  More Less 

Facts

  • Multi Family
  • Built in 1905
  • 479 days on Zillow
  • MLS #: 33890

    Construction

    • Roof type: Other
    • Structure type: Other
    • Unit count: 2

    Other

    • Zillow Home ID: 2110123611

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

    Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
    $720,878
    +$1,131 Last 30 days
    $670K
    $851K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $2,653/mo
    +$114 Last 30 days
    $1.7K
    $3.5K
    Zestimate range

    Comparable Homes

    Homes like this sold for $650-858K.

    $570K
    $940K

    Popularity on Zillow

    482 views since listing
    591 all-time (chart)
    3 shoppers saved
    this home to their list of favorites
     

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    Neighborhood

    Market guide

    Zillow predicts Bushwick home values will increase 7.6% next year, compared to a 2.3% increase for New York as a whole.

    Foreclosures will be a factor impacting home values in the next several years. In Bushwick, the number of foreclosures waiting to be sold is 568% greater than in New York, and 62.3% greater than the national average. This higher local number may prevent Bushwick home values from rising as quickly as other regions in New York.

    Learn more about forecast calculations or Bushwick home values.
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      Nearby Schools in New York

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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org