Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

1181 BUSHWICK Avenue

Pending · Listing by Brooklyn Real Property Inc

1181 BUSHWICK Avenue

Bushwick, Brooklyn

$1,800,000

Interested in this property?
Pending For Sale Multi Family

$1,800,000

1181 BUSHWICK Avenue

Bushwick, Brooklyn

MLS® #RLS20028074

RLS at REBNY

Listing by Brooklyn Real Property Inc

9
Bedrooms
4
Baths
N/A
Sq. Ft.
1899
Year Built

Quick Summary

Bedrooms 9
Bathrooms 4
Lot Size 3,300 sq ft
Year Built 1899
Ownership None
Property Taxes $4,308/yr
Neighborhood Bushwick
Floor 1 of 2

Property Highlights

  • Views: Other
  • Character: Pre-war building (1899)

Property Details

Type Multi Family
Ownership None
Total Rooms 21
Baths 4 Full
Floor 1 of 2
View Other
Pets Yes
Year Built 1899
Structure Type Townhouse
Basement Other
Lot Size 3,300 sq ft
Parcel # 03381-0006
Block/Lot 03381/0006

Listing History

Event Date Price Change
Listed Jun 2, 2025 $2,800,000 -
Price Reduced Jun 30, 2026 $2,100,000 -25.0%
Currently Aug 16, 2026 $1,800,000 -14.3%

Description

Stunning Brownstone Mini-Mansion in Prime Bushwick! Location: Bushwick & Cornelia Street Most beautiful house on the block! Exclusive Listing by BRP Discover this gorgeously maintained semi-attached brownstone -legal 3 family delivered vacant!! a rare gem on one of Bushwick's most desirable blocks! Owned by the same family since 1980, this three-level home plus fully finished basement has been lovingly restored to its original grandeur with magnificent architectural details throughout. 3 separate apartments with 3 bedrooms each apartment & full bath plus Eat in kitchen-Building Size: 20 ft x 49 ft Lot Size: Huge 33 ft x 100 ft- Zoning: R6 with 5,973 sq ft of unused FAR - potential for expansion or development-Taxes: Low real estate taxes-Garage & Parking: Private gated driveway with freestanding HUGE 3-car garage- Balcony12 ft ceilings, original moldings, parquet flooring, and tile work-Generously sized bedrooms on each floor with abundant natural light and closet space-Fully finished basement with bath - perfect for guests, rec room, or office- separate entrance New gas hot water heater and laundry room-Will be delivered fully vacant- Located just minutes from subway stations, restaurants, and shopping, and surrounded by properties selling for $1,500+/sq ft, this is a rare opportunity to own a classic Brooklyn brownstone in a booming neighborhood. Closing in 2026!

Features & Amenities

Interior Features

Smoke Free In Unit

Exterior Features

None

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Structure Townhouse

Financial Details

RE Taxes $4,308/yr ($359/mo)
Original Price $2,800,000
Previous Price $2,100,000

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

101

Median Asking Price

$950K

Median $/Sqft

$883

Avg Days on Market

N/A

New This Week

4

Price Reduced

23%

Sold (30 Days)

1

Median Sale Price

$793K

Live data from RLS at REBNY • Updated 8/16/26, 1:47 PM EST

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Location

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1181 BUSHWICK Avenue, Bushwick, Kings County

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
2
Floors
2
Residential Units
R6
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $74,220
Land Value: $17,640
Exemptions: $0

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

Lot Area: 3,300 SF
Building Area: 2,060 SF
Built FAR: 0.62
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 annual property tax is $4,308, or roughly $359 per month. Verify the current assessment with your attorney before closing.

This property has 9 bedrooms and 4 full bathrooms.

According to MLS records, the building was constructed in 1899, making it approximately 127 years old.

This listing is None

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

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: RLS20028074
First Listed: 6/2/2025
On Market: 6/2/2025
Price Changed: 6/30/2026
Pending Since: 12/15/2025
Contract Date: 6/2/2025

Listing Courtesy of Brooklyn Real Property Inc - Jean Paul Ho

Listing Contact: (718) 875-8899

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 8/16/2026 at 5:47 PM UTC

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Bushwick Market Update

1 sale last 30 days · $950K median · 101 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Pending Type Multi Family Neighborhood Bushwick Borough Brooklyn
County Kings
Floor 1 of 2
Year Built 1899
First Listed 6/2/2025
Annual Tax $4,308

Monthly Costs Estimate

Down Payment 20%

$360,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $359
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$18,000

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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