SOLD FOR $1,510,000
Listed at $1,549,500 · Sold 2.5% below asking · Closed February 3, 2020
$1,549,500
1319 Jefferson Avenue
MLS® #RLS10589600
Listing by The Corcoran Group
Studio
Bedroom
0
Bath
N/A
Sq. Ft.
1905
Year Built
Quick Summary
Property Highlights
- Style: Prewar architecture
- Character: Pre-war building (1905)
Property Details
Description
DEAL FELL THROUGH - BACK ON THE MARKET WITH A GREAT NEW PRICE!This townhouse occupies a generous 19 x 45-ft footprint on a 100-ft lot in prime Bushwick, close to the Halsey St L and J trains. Exciting new restaurants, shops, and services are opening every day. Current income of more than $90K/year is slightly under market.With a cap rate of 5% and plenty of unused FAR, this fully renovated 3-FAMILY is an investor's dream come true. 3 spacious floor-through apartments, separately metered (with a 4th electrical meter), are perfectly set up for a condo conversion; or dont do a thing and begin collecting your rent checks. Solid tenants, mostly on month-to-month leases, have been in place since 2016 when the building was renovated! A finished basement has flexible access so can be annexed to the garden apartment for duplexing, or used as common storage for all units. The garden is accessible from 2 units, offering further possibilities and flexibility.In the market for a condo? Live in one unit while collecting more than $5k per month from the other units to put towards the mortgage. Top floor: 3 bedroom, 1 bathroomParlor floor: 2 bedroom, 1 bathroom, plus garden accessGarden/Basement duplex: 2 bedroom, 1 bathroom plus garden access and rec room or storage Central air & heat plus laundry units in all apartments. Smart, bright layouts, nice finishes, high ceilings, and details like exposed brick seal the deal. The recent renovation of the entire building leaves nothing to do, but relax.Dont miss out on this clear investment win!
Building Information
About Bushwick
View All Bushwick ListingsBushwick 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 NeighborhoodActive Listings
92
Median Asking Price
$975K
Median $/Sqft
$938
Avg Days on Market
N/A
New This Week
4
Price Reduced
17%
Sold (30 Days)
8
Median Sale Price
$850K
Live data from RLS at REBNY • Updated 3/25/26, 8:03 PM EST
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Location
1319 Jefferson Avenue, Bushwick, Kings County • Near Wilson Avenue & Knickerbocker Avenue
Floor Plans
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
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Listing Courtesy of The Corcoran Group - Christina Prostano
Listing Contact: (646) 373-3279
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RLS Data display by Keller Williams NYC. Data last updated on 3/26/2026 at 12:03 AM UTC