Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $730,000

Listed at $799,000 · Sold 8.6% below asking · Closed May 20, 2021

246 Palmetto Street
Closed For Sale Multi Family

$799,000

246 Palmetto Street

Bushwick, Brooklyn

MLS® #RLS10621902

RLS at REBNY

Listing by The Corcoran Group

5

Bedrooms

3

Baths

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Year Built 1910
Neighborhood Bushwick

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Total Rooms 8
Baths 3 Full
Pets Yes
Cross Street Knickerbocker Avenue & Wilson Avenue
Year Built 1910
Architectural Style Prewar
Parcel # 03352-0015

Listing History

Event Date Price Change
Listed Jan 21, 2019 $1,499,999 -
Currently May 18, 2026 $799,000 -46.7%

Description

Incredible investment opportunity! Short Sale subject to bank approval. 246 Palmetto is a legal two family townhouse built 20 feet wide 40 feet deep on a 100 foot lot. This versatile footprint can work great as a two family income producing property or single family with tremendous living space. The possibilities are endless! Bring your contractor as this property requires full renovation and is being sold 'as is' Great renovation loan options available. Contact us today for a site tour.

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 1
Style Prewar

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

129

Median Asking Price

$949K

Median $/Sqft

$934

Avg Days on Market

N/A

New This Week

9

Price Reduced

26%

Sold (30 Days)

3

Median Sale Price

$1.35M

Live data from RLS at REBNY • Updated 5/18/26, 5:42 PM EST

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Location

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246 Palmetto Street, Bushwick, Kings County • Near Knickerbocker Avenue & Wilson Avenue

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
2
Floors
2
Residential Units
R6
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $101,640
Land Value: $10,560
Exemptions: $0

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

Lot Area: 2,000 SF
Building Area: 2,400 SF
Built FAR: 1.2
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

This property has 5 bedrooms and 3 full bathrooms.

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

Pet policy requires confirmation with the listing broker.

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: RLS10621902
First Listed: 1/21/2019
Price Changed: 2/21/2021
Closed: 5/20/2021
Contract Date: 1/21/2019

Listing Courtesy of The Corcoran Group - Damon R Bodine

Listing Contact: (718) 425-2525

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 9:42 PM UTC

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