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Sold for $2,050,000
  • $2,050,000

    288 Palmetto Street, Brooklyn, NY 11237

    6beds
    --sqft
    Quadruplex, Multi Family
    Built in 1931
    -- sqft lot
    $2,233,500 Zestimate®
    $--/sqft
    $4,751 Estimated rent

    Home value

    $2,233,500

    $2.03M - $2.46M

    $4,751/mo

    Zestimate® history
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    What's special

    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!, Additional information: Interior Features:Lr/Dr

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessie Lookfong 631-408-8918,

    Capri Jet Realty Corp 718-388-2188

    Bought with:

    Jessie Lookfong, 10301219682

    Capri Jet Realty Corp

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: L3551292MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Other
    • Description: Full Basement with 2 separate entrances
    • Level: Basement
    Other
    • Description: 2BR/1BTH Apt and 1BR/1BTH Apt; Access to Backyard
    • Level: First
    Other
    • Description: 3BR/1BTH Apt and 1BR/1BTH Apt
    • Level: Second
    Heating
    • Hot Water
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Gas Water Heater
    Features
    • Cathedral Ceiling(s)
    • Flooring: Hardwood
    • Windows: New Windows
    • Basement: Full
    • Attic: None
    • Common walls with other units/homes: 1 Common Wall

    Property

    Parking
    • Total spaces: 1
    • Parking features: Private, Detached, Garage
    Features
    • Levels: Two,Three Or More
    • Patio & porch: Patio
    • Exterior features: Private Entrance
    • Fencing: Back Yard
    Lot
    • Size: 3,800 Square Feet
    • Dimensions: 38 x 100
    • Features: Near Public Transit, Near School, Near Shops, Level
    Details
    • Parcel number: 033620004
    • Zoning: R6

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick
    Condition
    • Year built: 1931

    Utilities & green energy

    • Gas: Separate Gas Meters: 4
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    • Amenities included: Park
    Location
    • Region: Brooklyn

    Financial & listing details

    • Tax assessed value: $755,000
    • Annual tax amount: $9,146
    • Date on market: 11/21/2024
    • Listing agreement: Exclusive Right To Lease

    Price history

    DateEventPrice
    10/2/2024Sold$2,050,000-16.3%
    Source: OneKey® MLS as distributed by MLS GRID #L3551292 Report a problem
    7/10/2024Pending sale$2,450,000
    Source: StreetEasy #1716639 Report a problem
    5/20/2024Price change$2,450,000-5.7%
    Source: OneKey® MLS as distributed by MLS GRID #3551292 Report a problem
    5/13/2024Listed for sale$2,599,000
    Source: StreetEasy Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,147 +2.7%$339,750 -18.3%
    2024$9,876 $415,800 +20%
    2023-- $346,500 +7.1%
    2022-- $323,550 +25%
    2021-- $258,750 -2.2%
    2020$7,179 +3.6%$264,600
    2019$6,933 $264,600 +370.2%
    2018-- $56,277 +8%
    2017$6,630 +18.3%$52,127 +8%
    2016$5,602 $48,267
    2015$5,602 +55.4%$48,267 +3.3%
    2014$3,605 $46,745 +8%
    2013-- $43,290 +8%
    2012-- $40,098 +8%
    2011-- $37,129
    2010-- $37,129 +3.3%
    2009-- $35,958 +8%
    2008-- $33,300 +8%
    2007-- $30,845 +8%
    2006-- $28,561
    2005-- $28,561 +3.3%
    2004-- $27,660 +8%
    2003-- $25,616 +8%
    2002-- $23,727 +8%
    2001-- $21,970
    2000-- $21,970
    Find assessor info on the county website

    Neighborhood: Bushwick

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ps 106 Edward Everett Hale
    • Middle: Jhs 291 Roland Hayes
    • High: All City Leadership Secondary Sch

    Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.