Price Reduced 5.73%

$2,450,000 ($765.63 per sqft)

Est. Mortgage $12,550/mo *

Quick Pre-Approval

Price History

$2,599,000
5/13/2024

$2,450,000
5/20/2024


288 Palmetto Street, Brooklyn, NY, 11237

288 Palmetto Street, Brooklyn, NY, 11237

14 rooms

6 beds

4 Full baths

1931

Two Story

3,200 sqft

Semi-Detached Brick 4 Family w/ Garage on Oversized Lot! Calling all developers & investors! This extra large building, which is super rare in Bushwick, is located just 2 blocks to the L, M trains (Myrtle-Wyckoff Ave station), 6 blocks to the Gates Ave J, Z trains line, and a few blocks to the Wyckoff Hospital and local businesses. Neighborhood highlights include: Art galleries, Maria Fernandez Park, trendy nightlife bars, famous restaurants and an organic Farmer's market on Saturdays. This Property is an Investor's Dream! It features: - 4 Apartments (2 Units on each floor. No Leases) - Front and rear units; 1st fl: 2BR apt w/ private patio and direct access to backyard; 1BR apt - 2nd Fl: 3BR Apt; 1BR apt - All Apartments are in good condition, original wood floors and contemporary design with respect to its pre-war character and charm - Bright exterior, very high ceilings, tall windows - Quiet building. Very well maintained. - Building may be delivered vacant upon closing - Full Basement - Large Backyard Other Features: fully finished basement w/ 2 separate entrances; beautiful fenced massive backyard w/ garden & separate garage; private driveway; new windows and siding done 2 years ago; roof installed 8 years ago and maintained every year; updated electrical; additional 6,042 buildable sq. ft. left. Building: 20 x 80 ft Lot: 38 x 100 ft Zoning: R6 FAR: 0.84; Max FAR: 2.43 (6,042 additional BSF) Taxes: $9,146/yr Please note that some photos are virtually staged to highlight the property's potential. Great opportunity!


Status:

Active

Type:

Multi-family

Units:

4

Zoning:

R6

Garage:

1-car Private, Detached, 1 Car Detached, Garage

Heating:

Natural Gas, Hot Water

Cooling:

Window Unit(s)

Basement:

Full

Parking:

1-car

Acreage:

0.09

Est. Taxes:

$9,146

Construction

Brick

Lot Description:

Level, Near Public Transit

Elementary School:

Ps 106 Edward Everett Hale

Middle School:

Jhs 291 Roland Hayes

High School:

All City Leadership Secondary Sch

School District:

Community District 32

MLS #:

3551292


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Capri Jet Realty Corp 718-388-2188