$1,599,000
Updated 7 years ago
Off Market

248 Palmetto Street

Bushwick, Brooklyn | Wilson Ave & Knickerbocker Ave

5 Beds3 Baths3,600 Square FeetMulti-Family

$1,599,000
floors / apts3 / 3
Lot Size20'x100'
Built Size20'x60'
ZoneR6
Building TypeTownhouse
RE Taxes$3,971
Price Per SF
$444

Outdoor space and views

  • Backyard

Property Description for 248 Palmetto Street

MOTIVATED SELLER; BRING OFFERS This legal 3-family prewar property in the heart of Brooklyn's trending Bushwick has enormous potential, either as an investment rental opportunity or your own family home, or both. 248 Palmetto Street is a classic frame townhouse on a residential block. Multiple layout options from which to choose. Create two duplex apartments, 3 floor-through apartments (as currently configured) plus a renovated basement, or a duplex and two floor through apartments. Washer-dryer hook up exists in basement. Windows and Mechanicals (plumbing, electrical, heating,) upgraded in 2001.New gas boiler installed 2018 and hot water heater installed 2016. The back yard awaits a gardener's eye, and touch. Let your "inner gardener" loose in the large 620+ sq ft yard of 248 Palmetto. Plant and enjoy your own urban oasis. Great outdoor entertaining potential. Located near Knickerbocker Ave and nearby stores, Bushwick Playground, trending restaurants, cafes, & bars include Battle Days cocktail bar, Sunrise/Sunset Wine Bar, Santa Panza Italian bistro. Galleries and Planet Fitness attracts many tenants and homeowners who want to be part of this rapidly revitalizing, vibrant neighborhood.Transportation: Various subway options. L & M at Myrtle/Wycoff Station; M at Knickerbocker-Myrtle; J at Gates ave.

Listing History for 248 Palmetto Street

Now
01/28/2020
TOM by Jan Rosenberg
Douglas Elliman
2020

Building Details for 248 Palmetto Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Myrtle-Wyckoff Avs
0.29 miles
Knickerbocker Av
0.34 miles

Citi Bike

Linden St & Knickerbocker Ave
0.12 miles
Putnam Ave & Knickerbocker Ave
0.16 miles

Contact Agents

Contact Agents

Jan Rosenberg
Douglas Elliman
Erika Sackin
Douglas Elliman

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: 77055TH