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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
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    Owner options

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    $3,547/mo

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    $3,547/mo

    Rent Zestimate®

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    $14,775/mo

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    $14,775/mo

    Est. payment

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    What's special

    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.

    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

    DateEventPrice
    1/22/2025Sold$2,487,000-7.9%$670/sqft
    Source: Public Record Report a problem
    11/29/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/10/2023Listing removed--
    Source: StreetEasy Report a problem
    10/20/2023Listed for rent$4,695$1/sqft
    Source: Zillow Rentals Report a problem
    8/10/2023Listed for sale$2,699,000+145.4%$727/sqft
    Source: StreetEasy Report a problem
    1/12/2023Sold$1,100,000-35.3%$296/sqft
    Source: Public Record Report a problem
    8/20/2018Listing removed$1,699,000$458/sqft
    Source: Top Nest Inc. Report a problem
    6/11/2018Listed for sale$1,699,000$458/sqft
    Source: Top Nest Inc. Report a problem

    Public tax history

    YearProperty taxesTax 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