Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,487,000

· Closed January 17, 2025

1059 GREENE Avenue
Looking for something similar?
Closed For Sale Multi Family

$2,487,000

$938 per sq ft

1059 GREENE Avenue

Bushwick, Brooklyn

MLS® #RLS11017188

RLS at REBNY

Listing by Corcoran Group

8

Bedrooms

8

Baths

2,650

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 8
Bathrooms 8
Living Area 2,650 sq ft
Lot Size 1,925 sq ft
Year Built 1920
Ownership None
Neighborhood Bushwick
Floor 1 of 3

Property Highlights

  • Views: Other
  • Character: Pre-war building (1920)

Property Details

Type Multi Family
Ownership None
Total Rooms 17
Baths 8 Full
Floor 1 of 3
View Other
Pets Yes
Year Built 1920
Living Area 2,650 sq ft
Structure Type Townhouse
Basement Other
Lot Size 1,925 sq ft
Parcel # 03283-0051
Block/Lot 03283/0051

Description

Welcome to 1059 Greene Avenue, a stunning and newly renovated 3-family property in the vibrant neighborhood of Bushwick, Brooklyn. This multi-family home presents an excellent investment opportunity for buyers seeking both a high-potential income property and a prime location within one of Brooklyn's most sought-after areas.

Key Features:
Newly Renovated: The property has undergone an extensive renovation, showcasing modern upgrades and high-quality finishes throughout. From the facade to the interiors, no detail has been spared, providing a turnkey solution for future occupants or tenants.

3 Spacious Units: The building comprises three spacious and distinct units, each offering a comfortable living space and ample natural light. The layout is ideal for multi-generational families, investors, or live-and-rent scenarios.
Income Potential: $163,100 NOI and 5.6% Cap rate. This property offers a unique opportunity to generate rental income, making it an attractive investment option for savvy buyers looking to capitalize on the robust rental market in Bushwick.
Prime Location: Situated in the heart of Bushwick, this property is conveniently located near an array of trendy cafes, restaurants, boutiques, and art galleries. Commuting is a breeze with easy access to public transportation, including subway lines and bus routes.

Outdoor Space: The property may feature a backyard, rooftop deck, or balconies, providing residents with a private outdoor oasis to relax and unwind.

Proximity to Amenities: Residents will enjoy proximity to parks, schools, healthcare facilities, and supermarkets, ensuring convenience and comfort in their daily lives.

Don't Miss Out:
This newly renovated 3-family property offers an ideal blend of modern living and investment potential in one of Brooklyn's most exciting neighborhoods. Whether you're an investor looking for a lucrative income property or a homeowner seeking additional rental income, 1059 Greene Avenue is a must-see.

Features & Amenities

Interior Features

Smoke Free In Unit

Building Amenities

Green Building

Building Information

Total Units 3
Stories 3
Structure Townhouse

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

93

Median Asking Price

$960K

Median $/Sqft

$925

Avg Days on Market

N/A

New This Week

10

Price Reduced

18%

Sold (30 Days)

7

Median Sale Price

$854K

Live data from RLS at REBNY • Updated 3/23/26, 4:38 PM EST

Similar Listings in Bushwick

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Location

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1059 GREENE Avenue, Bushwick, Kings County

MLS® ID: RLS11017188
First Listed: 10/22/2024
On Market: 12/18/2024
Price Changed: 1/23/2025
Closed: 1/17/2025
Contract Date: 10/22/2024

Listing Courtesy of Corcoran Group - Giovanni Castro

Listing Contact: (917) 880-2047

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 3/23/2026 at 8:38 PM UTC

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