Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $949,000

· Closed October 10, 2024

248 PALMETTO Street #2
Closed For Sale Apartment

$949,000

$874 per sq ft

248 PALMETTO Street #2

Bushwick, Brooklyn

MLS® #RLS10981884

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

2

Baths

1,086

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,086 sq ft
Year Built 1910
Ownership None
HOA/Common Charges $419/mo
Neighborhood Bushwick
Floor 2 of 3

Property Highlights

  • Views: Other
  • Style: WalkUp architecture
  • Climate Control: Dual

Property Details

Type Apartment
Ownership None
Total Rooms 4
Baths 2 Full
Floor 2 of 3
View Other
Cooling Dual
Pets Yes
Year Built 1910
Living Area 1,086 sq ft
Architectural Style WalkUp
Basement Other
Parcel # 03352-1002
Block/Lot 03352/0016

Listing History

Event Date Price Change
Listed Apr 15, 2024 $1,175,000 -
Price Reduced Oct 11, 2024 $979,000 -16.7%
Currently May 18, 2026 $949,000 -3.1%

Description

Welcome to 248 Palmetto Street - Bushwick's newest and tastefully curated boutique condominium.

Each residence at 248 Palmetto Street offers polished and refined intent as well as a contemporary approach to new-fashioned living. All three residences boast Northern and Southern exposures as well as thoughtfully spacious layouts - most of which include private outdoor space.

Residence #2 is a floor-through two-bedroom, two-bathroom featuring favorably sized, north-facing bay windows overlooking a tree-lined street. The considerably spacious living area, further accentuated by 10' ceilings, provides the luxury of accommodating an array of interior concepts. In the Northwest corner of the living room, you will find a charmingly bright nook to be utilized as the perfect space to work from home.

The custom, meticulously curated kitchen was designed with the modern household in mind. A beautifully veined stone lays effortlessly across the kitchen counters while the back-splash provides character and personality. All the stonework was tastefully chosen to highlight the honey-toned wooden cabinetry which accents the space while providing warmth and depth. The kitchen includes a top-of-the-line Bertazzoni appliance package including a 30" gas stove, double-door refrigerator with a bottom freezer, 24" dishwasher, and an above range microwave.

Passing through the kitchen you'll find the first of two full bathrooms outfitted with stunning vertical emerald wall tile paired perfectly with a large-format, white and grey veined heated floor tile. A contemporary wooden vanity adds warmth and ties together an array of gold fixtures and hardware. The shower includes a hand-shower and slide-bar as well as a deep soaking tub.

Advancing past the first bathroom are two well-proportioned bedrooms including the primary bedroom with its ensuite bathroom. The primary bedroom features two south-facing windows and a nicely-sized walk-in closet. The ensuite bathroom draws immediate attention to the floors which are cut from a gorgeous slab of Calcutta Viola marble beautifully veined with elegant shades of violet. The walls are lined with an off-white vertical tile, providing a neutral base to ensure that the floors remain the star of the show. The bathroom is outfitted with brushed nickel fixtures and hardware to tie together the flecks of grey in the Calcutta Viola that extends from the floors into the standing shower.

248 Palmetto Street rests quietly in the center of the most residential part of Bushwick, home to many neighborhood favorites including L'imprimerie, Abe's Pagoda, Meza Azteca, Ltauha, Carmentas,

and many more. Nearest access to public transportation includes the M at Knickerbocker Avenue, as well as the LM at Myrtle Wycoff and J at Gates Avenue.

This is not an offering. The complete offering terms are in an offering plan available from the File No. CD#23-0277

Features & Amenities

Interior Features

Smoke Free Building Other Washer Hookup In Unit

Exterior Features

None

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 3
Style WalkUp

Financial Details

Common Charges $419/mo
Original Price $1,175,000
Sale Price $949,000
Previous Price $979,000

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

127

Median Asking Price

$949K

Median $/Sqft

$930

Avg Days on Market

N/A

New This Week

7

Price Reduced

25%

Sold (30 Days)

2

Median Sale Price

$1.67M

Live data from RLS at REBNY • Updated 5/17/26, 10:25 PM EST

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Location

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248 PALMETTO Street #2, Bushwick, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
3
Floors
9
Residential Units
R6
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $213,239
Land Value: $10,559
Exemptions: $0

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

Lot Area: 2,000 SF
Building Area: 4,377 SF
Built FAR: 2.19
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 $419 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,086 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $949,000 for 1,086 sq ft, the asking price per square foot is approximately $874. 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 [email protected]. 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: RLS10981884
First Listed: 4/15/2024
On Market: 4/15/2024
Price Changed: 10/11/2024
Closed: 10/10/2024
Contract Date: 4/15/2024

Listing Courtesy of Douglas Elliman Real Estate - Jessica Peters

Listing Contact: (917) 968-0037

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 5/18/2026 at 2:25 AM UTC

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