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288 Palmetto Street, Bushwick, NY 11237
$2,450,000
288 Palmetto Street, Bushwick, NY 11237View this property at 288 Palmetto Street, Bushwick, NY 11237
288 Palmetto StreetBushwickNY11237
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1/23
Property Description
Semi-Detached Brick 4 Family w/ Garage on Oversized Lot! Calling all developers & investors! This extra large building, which is super rare in Bushwick, is located just 2 blocks to the L, M trains (Myrtle-Wyckoff Ave station), 6 blocks to the Gates Ave J, Z trains line, and a few blocks to the Wyckoff Hospital and local businesses. Neighborhood highlights include: Art galleries, Maria Fernandez Park, trendy nightlife bars, famous restaurants and an organic Farmer's market on Saturdays. This Property is an Investor's Dream! It features: - 4 Apartments (2 Units on each floor. No Leases) - Front and rear units; 1st fl: 2BR apt w/ private patio and direct access to backyard; 1BR apt - 2nd Fl: 3BR Apt; 1BR apt - All Apartments are in good condition, original wood floors and contemporary design with respect to its pre-war character and charm - Bright exterior, very high ceilings, tall windows - Quiet building. Very well maintained. - Building may be delivered vacant upon closing - Full Basement - Large Backyard Other Features: fully finished basement w/ 2 separate entrances; beautiful fenced massive backyard w/ garden & separate garage; private driveway; new windows and siding done 2 years ago; roof installed 8 years ago and maintained every year; updated electrical; additional 6,042 buildable sq. ft. left. Building: 20 x 80 ft Lot: 38 x 100 ft Zoning: R6 FAR: 0.84; Max FAR: 2.43 (6,042 additional BSF) Taxes: $9,146/yr Please note that some photos are virtually staged to highlight the property's potential. Great opportunity!
Full Property Details
Full Property Details for 288 Palmetto St
General
- Price: $2,450,000
- Taxes: $9,146
- Status: Active
- Type: Multi-Family
- MLS ID: 3551292
- Updated: 5/23/2024
- Added to Site: 33 day(s) ago
Interior
- Number of Rooms: 14
- Interior Features: Cathedral Ceiling(s), Living Room/Dining Room Combo, Storage
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Additional Information
- Amenities: Park, Near Public Transportation
Exterior
- Exterior Features: Private Entrance
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Private, Detached, 1 Car Detached, Garage
Location
- County: Brooklyn
- Township: Brooklyn
- Cross Streets: Knickerbocker Av
- Driving Directions: Use Google Map
School Information
- Elem School District: Brooklyn 32
- Midd School District: Brooklyn 32
- High School District: Brooklyn 32
- Elementary School: Ps 106 Edward Everett Hale
- Middle School: Jhs 291 Roland Hayes
- High School: All City Leadership Secondary Sch
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Natural Gas, Hot Water
- Water Heater: Gas Stand Alone
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Two Story
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement
- Common Walls: 1 Common Wall
- Windows: New Windows
- Building Size: 20 x 80 ft
- Square Feet: 3,200
- Sq. Ft. Source: Other
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,800
- Lot Size Source: Other
- Lot Dimensions: 38 x 100
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Lot Features: Level, Near Public Transit
- Zoning: R6
- Fencing (Description): Back Yard
Financial Considerations
- Tax Amount: $9,146
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1.5%
- Property ID: 03362-0004
- Block: 3362
- Lot Number: 4
Listed by Capri Jet Realty Corp
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Schools
Schools serving 288 Palmetto St
School District:New York City Geographic District #32
Rating | Name | Grades | Distance |
---|---|---|---|
1328 Putnam Ave, Brooklyn, NY 11221 | PK-5 | 0.2 mi | |
231 Palmetto St, Brooklyn, NY 11221 | 6-8 | 0.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 288 Palmetto St
Date
Details
Price
Change
Source
5/20/2024
Price Reduced
$2,450,000
-5.73%
MLS
5/13/2024
Listed
$2,599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 288 Palmetto St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,146
10%
$346,500
7%
2022
$8,313
18%
$323,550
25%
2021
$7,050
-2%
$258,750
-2%
2020
$7,179
4%
$264,600
—
2019
$6,933
13%
$264,600
370%
2017
$6,161
—
$56,277
8%
2017
$6,161
10%
$52,127
8%
2016
$5,607
—
$48,267
—
2015
$5,602
10%
$48,267
3%
2014
$5,098
6%
$46,745
8%
2013
$4,806
—
$43,290
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 288 Palmetto St
288 Palmetto Street, Bushwick, NY 11237 (MLS# 3551292) is a Multi-Family property with 4 units containing 6 bedrooms and 4 full bathrooms. 288 Palmetto Street is currently listed for $2,450,000 and was received on May 13, 2024. Want to learn more about 288 Palmetto Street? Do you have questions about finding other Multi-Family real estate for sale in Bushwick? You can browse all Bushwick real estate or contact a Coldwell Banker agent to request more information.