$1,200,000
Updated a year ago
Off Market

1517 Jefferson Ave

Bushwick, Brooklyn | Irving Ave & Wyckoff Ave

3,386 Square FeetIncome Property

$1,200,000
floors / apts3 / 6
Lot Size28'x100'
Built Size28'x68'
ZoneR6
Building TypeLow-Rise
RE Taxes$12,600
Price Per SF
$354

Building Amenities

  • Voice Intercom

Property Description for 1517 Jefferson Ave

Rare 6-Unit Investment Opportunity in the Heart of Bushwick Unlock strong cash flow and long-term growth with this fully leased, income-generating multi-family property in one of Brooklyn's most dynamic neighborhoods. Located just minutes from Knickerbocker Avenue, this is a turnkey asset in a high demand, appreciating market. Property Highlights: Six residential units with strong existing rental income Well-maintained and low-operating costs Prime location just off Knickerbocker Avenue - a thriving commercial hub Unbeatable Location: Minutes to the J/Z trains at Alabama Avenue - direct access to Manhattan Close to L train for fast commutes to Williamsburg and downtown Surrounded by supermarkets, including Fine Fare and Associated Walk to Bushwick's most popular cafes, bars, restaurants, and shops A short distance to the BQE; approx. minutes to Manhattan Investment Advantages: Fully turnkey operation with stable tenancy Low-maintenance building in excellent condition Situated in a rapidly appreciating neighborhood undergoing transformation Part of an Opportunity Zone — offering potential tax benefits City-backed infrastructure and streetscape upgrades underway Growth Potential: Located along an expanding commercial corridor Positioned in one of Brooklyn's hottest emerging markets Ideal mix of stability and upside for both short and long-term strategies Perfect For: First-time multifamily investors seeking cash flow with appreciation Owner-occupants looking to live in one unit while generating income Savvy investors targeting gentrifying neighborhoods with high ROI potential

Listing History for 1517 Jefferson Ave

Now
07/24/2025
POM by Kevin Ma
eXp Realty BKNY
07/01/2025
$1,200,000
Initial Price by Kevin Ma
eXp Realty BKNY

Building Details for 1517 Jefferson Ave

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1916
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

Halsey St
0.22 miles
Myrtle-Wyckoff Avs
0.27 miles
Seneca Av
0.38 miles

Citi Bike

Putnam Ave & Wyckoff Ave
0.09 miles
Irving Ave & Halsey St
0.19 miles

Contact Agent

Contact Agent

Kevin Ma
eXp Realty BKNY

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: 101501TH