Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,750,000

· Closed January 31, 2025

242 Palmetto Street
Looking for something similar?

$1,750,000

242 Palmetto Street

Bushwick, Brooklyn

MLS® #RLS11012733

RLS at REBNY

Listing by Crifasi Realty Associates Inc

9

Bedrooms

6

Baths

N/A

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 9
Bathrooms 6
Year Built 1900
Ownership None
Property Taxes $9,000/yr
Neighborhood Bushwick

Property Highlights

  • Character: Pre-war building (1900)

Property Details

Type Single Family Residence
Ownership None
Total Rooms 18
Baths 6 Full
Heating None
Pets Yes
Cross Street GATES AVE.
Year Built 1900
Structure Type House,MultiFamily
Furnished Unfurnished
Parcel # 03352-0013
Block/Lot 00000/0000

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 None None

Building Information

Total Units 3
Structure House,MultiFamily

Financial Details

RE Taxes $9,000/yr ($750/mo)
Sale Price $1,750,000

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

91

Median Asking Price

$975K

Median $/Sqft

$925

Avg Days on Market

N/A

New This Week

5

Price Reduced

18%

Sold (30 Days)

8

Median Sale Price

$850K

Live data from RLS at REBNY • Updated 3/25/26, 4:30 AM EST

Similar Listings in Bushwick

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Location

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242 Palmetto Street, Bushwick, Kings County • Near GATES AVE.

MLS® ID: RLS11012733
First Listed: 9/30/2024
On Market: 9/30/2024
Closed: 1/31/2025
Contract Date: 9/25/2024

Listing 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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/25/2026 at 8:30 AM UTC

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