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: With three separate units, 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.
Investment Opportunity:
1059 Greene Avenue presents an excellent opportunity for investors seeking a property with a strong rental potential in a rapidly growing neighborhood. Bushwick's popularity has soared in recent years, attracting a diverse community of young professionals, artists, and families, making it a highly desirable location for renters.
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.
Sold for $2,487,000
$2,487,000
1059 Greene Ave, Brooklyn, NY 11221
8beds
3,711sqft
MultiFamily
Built in 1920
-- sqft lot
$2,466,900 Zestimate®
$670/sqft
$3,547 Estimated rent
Home value
$2,466,900
$2.15M - $2.84M
$3,547/mo
Zestimate® history
Owner options
List your home for rent
$3,547/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,547/mo
Rent Zestimate®
Refinance and save
$14,775/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$14,775/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Washer
Interior area
- Total interior livable area: 3,711 sqft
Property
Lot
- Size: 1,925 sqft
Details
- Parcel number: 032830051
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: Brooklyn
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2025 | Sold | $2,487,000-7.9%$670/sqft |
Source: Public Record Report a problem | ||
| 11/29/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/10/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 10/20/2023 | Listed for rent | $4,695$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/10/2023 | Listed for sale | $2,699,000+145.4%$727/sqft |
Source: StreetEasy Report a problem | ||
| 1/12/2023 | Sold | $1,100,000-35.3%$296/sqft |
Source: Public Record Report a problem | ||
| 8/20/2018 | Listing removed | $1,699,000$458/sqft |
Source: Top Nest Inc. Report a problem | ||
| 6/11/2018 | Listed for sale | $1,699,000$458/sqft |
Source: Top Nest Inc. Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,659 +0.2% | $93,720 +4.6% |
| 2024 | $2,655 | $89,580 -4.4% |
| 2023 | -- | $93,720 +19.1% |
| 2022 | -- | $78,660 -8.8% |
| 2021 | -- | $86,280 +10% |
| 2020 | $2,363 +1.4% | $78,420 |
| 2019 | $2,332 +7% | $78,420 +652.7% |
| 2018 | $2,180 +8.5% | $10,419 +5.8% |
| 2017 | $2,008 +10.3% | $9,852 +5.8% |
| 2016 | $1,821 | $9,313 +0.1% |
| 2015 | $1,821 +62.5% | $9,304 +1.4% |
| 2014 | $1,121 | $9,180 +5.7% |
| 2013 | -- | $8,683 +5.8% |
| 2012 | -- | $8,210 +5.8% |
| 2011 | -- | $7,761 +0.1% |
| 2010 | -- | $7,754 +1.4% |
| 2009 | -- | $7,650 +5.7% |
| 2008 | -- | $7,236 +5.8% |
| 2007 | -- | $6,842 +5.8% |
| 2006 | -- | $6,468 +0.1% |
| 2005 | -- | $6,462 +1.4% |
| 2004 | -- | $6,375 +5.7% |
| 2003 | -- | $6,030 +5.8% |
| 2002 | -- | $5,702 +5.8% |
| 2001 | -- | $5,390 +0.1% |
| 2000 | -- | $5,385 |
Find assessor info on the county website
Neighborhood: Bushwick
Nearby schools
GreatSchools rating
- 3/10Ps 75 Mayda CortiellaGrades: PK-5Distance: 0.2 mi
- 4/10Jhs 291 Roland HayesGrades: 6-8Distance: 0.6 mi
- 4/10Bushwick Leaders High School For Academic ExcellenceGrades: 9-12Distance: 0.3 mi


