Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1501 Broadway #HSE
Interested in this property?
Active For Sale Mixed Use

$2,595,000

$305 per sq ft

1501 Broadway #HSE

Bushwick, Brooklyn

MLS® #RLS20073968

RLS at REBNY

Listing by Compass

12

Bedrooms

6.5

Baths

8,500

Sq. Ft.

1915

Year Built

Quick Summary

Bedrooms 12
Bathrooms 7 full, 1 half
Living Area 8,500 sq ft
Lot Size 2,000 sq ft
Year Built 1915
Ownership None
HOA/Common Charges $325/mo
Property Taxes $26,928/yr
Neighborhood Bushwick
Floor 1 of 4

Property Highlights

  • Fireplace: 1 fireplace
  • Climate Control: Other
  • Character: Pre-war building (1915)

Property Details

Type Mixed Use
Ownership None
Total Rooms 20
Baths 6 Full, 1 Half
Floor 1 of 4
Heating Central
Cooling Other
Pets Yes
Year Built 1915
Living Area 8,500 sq ft
Structure Type MultiFamily,MixedUse
Flooring Hardwood
Furnished Unfurnished
Basement Full
Lot Size 2,000 sq ft
Parcel # 03380-0003
Block/Lot 03380/0003

Listing History

Event Date Price Change
Listed Dec 5, 2025 $2,595,000 -
Currently May 4, 2026 $2,595,000 -

Description

Exceptional investment opportunity in Bushwick. This mixed-use property features one commercial space with a lease secured until 2032 and four residential units. Currently delivering a 7% cap rate, this property presents potential for increased returns. With strategic improvements or layout modifications, the cap rate could easily exceed 8%. Detailed building setup information is available upon request.

Features & Amenities

Interior Features

See Remarks Flooring: Hardwood Fireplace (1)

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 4
Structure MultiFamily,MixedUse

Financial Details

Common Charges $325/mo
RE Taxes $26,928/yr ($2,244/mo)

Bushwick has emerged as Brooklyn's premier creative frontier, known for its world-class street art, eclectic nightlife, and industrial-chic vibe. The neighborhood offers a wide range of housing options, from converted warehouse lofts that appeal to artists and professionals to traditional multi-family townhouses. Recent years have seen a surge in boutique new construction condominiums, making it a top destination for those seeking a dynamic and evolving urban environment.

Bushwick Live Market Data

View Neighborhood

Active Listings

112

Median Asking Price

$1.09M

Median $/Sqft

$902

Avg Days on Market

N/A

New This Week

7

Price Reduced

26%

Sold (30 Days)

11

Median Sale Price

$868K

Live data from RLS at REBNY • Updated 5/3/26, 10:28 PM EST

Recently Sold in Bushwick

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Location

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1501 Broadway #HSE, Bushwick, Kings County

Building Information

Official NYC property records for this building

1915
Year Built
111 years old
4
Floors
4
Residential Units
R6
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $571,500
Land Value: $216,900
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,000 SF
Building Area: 8,500 SF
Built FAR: 4.25
Allowed FAR: 2.43

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $325 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $26,928, or roughly $2,244 per month. Verify the current assessment with your attorney before closing.

This property has 12 bedrooms and 6 full bathrooms and 1 half bathroom.

The listed interior living area is 8,500 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1915, making it approximately 111 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $2,595,000 for 8,500 sq ft, the asking price per square foot is approximately $305. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20073968
First Listed: 2/26/2026
On Market: 12/5/2025
Price Changed: 2/26/2026
Contract Date: 11/26/2025

Listing Courtesy of Compass - Tatiana Shreider

Listing Contact: (917) 859-5332

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 2:28 AM UTC

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