SOLD FOR $1,750,000
· Closed January 31, 2025
$1,750,000
242 Palmetto Street
MLS® #RLS11012733
Listing by Crifasi Realty Associates Inc
9
Bedrooms
6
Baths
N/A
Sq. Ft.
1900
Year Built
Quick Summary
Property Highlights
- Character: Pre-war building (1900)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 30, 2024 | $1,750,000 | - |
| Currently | May 17, 2026 | $1,750,000 | - |
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!
Features & Amenities
Interior Features
Building Information
Financial Details
About Bushwick
View All Bushwick ListingsBushwick 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 NeighborhoodActive Listings
127
Median Asking Price
$949K
Median $/Sqft
$930
Avg Days on Market
N/A
New This Week
8
Price Reduced
25%
Sold (30 Days)
2
Median Sale Price
$1.67M
Live data from RLS at REBNY • Updated 5/17/26, 10:57 AM EST
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Location
242 Palmetto Street, Bushwick, Kings County • Near GATES AVE.
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $9,000, or roughly $750 per month. Verify the current assessment with your attorney before closing.
This property has 9 bedrooms and 6 full bathrooms.
According to MLS records, the building was constructed in 1900, making it approximately 126 years old.
This listing is None
Pet policy requires confirmation with the listing broker.
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) 416-7433Listing Courtesy of Crifasi Realty Associates Inc - Sal Crifasi
Listing Contact: (718) 821-5999
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 Data display by Keller Williams NYC. Data last updated on 5/17/2026 at 2:57 PM UTC