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$1,750,000
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Property Description
Delivered Vacant, additional FAR!!! Rare opportunity to own a well-maintained, vacant 3-family home in the heart of Bushwick, built in 2007! This modern building is perfect for owner-occupiers and investors alike, offering a spacious layout and convenience at every level. Potential for expansion and/or condo conversion. 3 separate Navien tankless heat/water system for each unit. Property Features: First Floor: A 2-bedroom, 2 full bathroom apartment with an office space. Enjoy direct access to a private backyard, ideal for relaxation or entertaining. Second Floor: 3-bedroom, 2 full bathroom apartment with an office, providing plenty of room and comfort. Third Floor: 4-bedroom, 2 full bathroom apartment, perfect for larger families or shared living arrangements. Basement: Fully finished apartment with its own private entrance/exit, offering flexible recreation space. Location Highlights: Just 2 ? blocks to the Myrtle-Wyckoff M/L subway station-a commuter's dream! Situated off Knickerbocker Ave and close to the Myrtle Ave shopping district, offering a wide variety of shops, restaurants, and amenities. Don't miss out on this rare chance to purchase a vacant, legal 3-family home in Bushwick. Whether you're looking to move in or rent out, this property is a fantastic investment in one of Brooklyn's most vibrant neighborhoods!
Full Property Details
Full Property Details for 242 Palmetto St
General
- Sold For: $1,750,000
- Taxes: $9,007
- Status: Closed
- Type: Multi-Family
- Source: Long_Island
- MLS ID: L3581306
- Added to Site: 519 day(s) ago
Interior
- Number of Rooms: 18
- Interior Features: Eat-in Kitchen, First Floor Bedroom
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 9
Parking
- Parking Features: On Street
Location
- County: Kings (Brooklyn)
- Cross Streets: Gates Ave.
- Driving Directions: google.com
School Information
- High School District: Brooklyn 32
- Elementary School: Ps 116 Elizabeth L Farrell
- Middle School: Jhs 383 Philippa Schuyler
- High School: Bushwick Leaders Hs-Acad Excell
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Hot Water, Natural Gas
Utilities
- Sewer: Shared, Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Year Built: 2007
Lot Features
- Lot Size (Sq. Ft.): 2,000
- Lot Dimensions: 20 x 100
- Zoning: R6
Financial Considerations
- Taxes Include: Trash
- Tax Amount: $9,007
Disclosures and Reports
- Property ID: 03352-0013
- Block: 3352
- Lot Number: 13
Listed by Crifasi Real Estate Inc
Sold by Exit Realty First Choice
Get Pre-Approved Today
Schools
Schools serving 242 Palmetto St
School District:New York City Geographic School District 32
| Name | Grades | Distance |
|---|---|---|
Jhs 291 Roland Hayes 231 Palmetto Street, Brooklyn, NY 11221 | 6-8 | 0 mi |
Is 349 Math Science And Technology 35 Starr St, Brooklyn, NY 11211 | 6-8 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 242 Palmetto St
Date
Details
Price
Change
Source
1/31/2025
Sold
$1,750,000
—
MLS
9/25/2024
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
242 Palmetto Street, Brooklyn, NY 11221 (MLS# L3581306) is a Multi-Family property that was sold at $1,750,000 on January 31, 2025. Want to learn more about 242 Palmetto Street? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

