$850,000
Updated 4 years ago
Sold

63 Palmetto Street

Bushwick, Brooklyn | Bushwick Ave & Evergreen Ave

6 Rooms3 Beds2.5 Baths1,442 Square FeetMulti-Family

$850,000
floors / apts2 / 2
Lot Size16'x100'
Built Size16'x35'
ZoneR6
Building TypeTownhouse
RE Taxes$3,080
Price Per SF
$589

This property was sold for $850,000 on 08/03/22.

Building Amenities

  • Garden

Property Description for 63 Palmetto Street

Two-family townhouse located in prime Bushwick, was fully gut renovated approx. 20 years awaits a new owner's touch. This three story + basement home is set back almost 11' from the street and features a tiered 56' long yard. There is an upper duplex with high ceilings and 2 bedrooms/1.5 bathrooms. The flexible floorplan easily allows for a third bedroom to be created on the second floor without expanding the footprint. The garden floor unit with separate entrance has a full sized kitchen, living room, bedroom and full bathroom. A full sized basement with approximately 6' ceiling height is accessed via an internal staircase. 1,442 sqft + 532 sqft basement.

This is an excellent opportunity to purchase an income generating house in Bushwick and reimagine it without doing a full renovation. Low taxes under $3,000 per year. Located 2 blocks from the J and Z trains and near all the stores, restaurants and nightlife. Being sold as-is. Delivered vacant.

Listing History for 63 Palmetto Street

Now
08/03/2022
$850,000
Sold and Closed by Nicholas Polihros
Douglas Elliman
05/18/2022
Contract Signed by Nicholas Polihros
Douglas Elliman

Building Details for 63 Palmetto Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts2/2
Learn More About the Building

Transit and Citi Bike

Subway

Gates Av
0.17 miles
Halsey St
0.36 miles

Citi Bike

Bushwick Ave & Linden St
0.1 miles
Madison St & Evergreen Ave
0.14 miles

Contact Agents

Contact Agents

Nicholas Polihros
Douglas Elliman
Joanne Douglas
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: 85381TH