$2,495,000
Updated 6 years ago
Off Market

1117 Jefferson Ave

Bushwick, Brooklyn | Bushwick Ave & Evergreen Ave

22 Rooms13 Beds4.5 Baths4,378 Square FeetMulti-Family

$2,495,000
floors / apts5 / 4
Lot Size20'x100'
Built Size20'x45'
ZoneR6
Building TypeTownhouse
RE Taxes$1,794
Price Per SF
$570

Outdoor space and views

  • Backyard
  • Patio
  • Terrace
  • Skyline Views

Building Amenities

  • Roof Deck

Property Description for 1117 Jefferson Ave

Wonderful opportunity to purchase this newly constructed four-family townhouse in the ever-changing neighborhood of Buschwick! Enjoy approximately 13 more years of a J51 tax abatement! This home offers a diverse set of floor plans and configuration options. The kitchens are finished with Caeserstone countertops and subway tile backsplashes, stainless steel appliances. With a 20-foot width and approximately 5,564 square feet of enclosed space, this four-story house includes a usable recreational lower level, a multi-leveled backyard and patio space, skylights, a private penthouse terrace, and a common roof deck. Conveniently located a short distance from the J, M, Z, and L trains, this house is situated in close proximity to numerous restaurants, coffee shops, bars, galleries, and other cultural establishments. With the ability to earn approximately $166k in annual revenue, this is an opportunity that can't be missed! Please email to request a showing of the building and common spaces. Select units available for viewings.

Listing History for 1117 Jefferson Ave

Now
06/16/2020
Expired by John W. Harrison
CORE
03/19/2020
$2,495,000 [-$200,000] [7.4%]
Price Drop by John W. Harrison
CORE

Building Details for 1117 Jefferson Ave

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1905
Floors/Apts5/4
Learn More About the Building

Transit and Citi Bike

Subway

Halsey St
0.2 miles
Gates Av
0.35 miles

Citi Bike

Jefferson Ave & Evergreen Ave
0.07 miles
Madison St & Evergreen Ave
0.15 miles

Contact Agents

Contact Agents

Licensed As
David Allaway
Salesperson
License#:
10401299351
Company:
CORE

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: 66679TH