$426,500
Updated 10 years ago
Sold

70 Palmetto Street

Bushwick, Brooklyn | Bushwick Ave & Evergreen Ave

8 Rooms5 Beds3.5 Baths3,080 Square FeetRental Property

$426,500
floors / apts3 / 2
Lot Size25'x100'
Built Size22'x35'
ZoneR6
Building TypeLow-Rise
Price Per SF
$138

This property was sold for $426,500 on 06/17/13.

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom

Property Description for 70 Palmetto Street

This Property Is In The Fannie Mae Home Path Property. First Look Options Which Expires April 6. Purchase This Property For As Little As 3 Down This Property Is Approved For Homepath Renovation Mortgage Financing. Purchaser To Pay All Transfer Tax And Docs

Listing History for 70 Palmetto Street

Now
06/17/2013
$426,500
Sold and Closed by Richard Dinerman
Peerless Properties Corp.
06/03/2013
Contract Signed by Richard Dinerman
Peerless Properties Corp.

Building Details for 70 Palmetto Street

OwnershipRental Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Gates Av
0.19 miles
Halsey St
0.35 miles

Citi Bike

Madison St & Evergreen Ave
0.11 miles
Bushwick Ave & Linden St
0.13 miles

Contact Agent

Contact Agent

Richard Dinerman
Peerless Properties Corp.

Bushwick | Brooklyn

Quick Profile

As one of the most diverse neighborhoods in New York, Bushwick offers a perfect snapshot of just how multicultural the city is. Long-established as an amalgam of cultures and ethnicities, a wave of varying types of immigrants trickled in from the seventeenth to twentieth centuries, with Bushwick largely becoming a home to Hispanics of Puerto Rican and Dominican backgrounds by the latter part of the twentieth century. 

With the Bushwick Initiative of the mid-00s that aided in revitalization, it became an attractive area to young professionals and artists. And even now, Bushwick has sustained affordable rent prices where other North Brooklyn counterparts, like Williamsburg and Greenpoint, have become more expensive. Priding itself on the weird and the wacky, numerous art collectives thrive in this part of Brooklyn, once famously named the seventh coolest neighborhood in the world by Vogue. 

Though it has drawn in many tourists in recent years (there’s even a graffiti tour you can take from the Bushwick Collective), the neighborhood remains very much community-oriented, and has not been subject to quite the same sort of corporate infiltration phenomenon of its nearby Williamsburg environs. 

But yes, of course, Bushwick has come a very long way from its 80s and 90s reputation as being “The Well,” a nickname given to it for its free-flowing and widely available amount of drugs (quantity over quality being the cliche applied here). 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 48435TH