242 Palmetto Street

Bushwick, NY 11221
$1,750,000
9 beds | 6 baths | 0.05 acres | #3581306

Description

Delivered Vacant, additional FAR!!! Rare opportunity to own a well-maintained, vacant 3-family home in the heart of Bushwick, built in 2007! This modern building is perfect for owner-occupiers and investors alike, offering a spacious layout and convenience at every level. Potential for expansion and/or condo conversion. 3 separate Navien tankless heat/water system for each unit. Property Features: First Floor: A 2-bedroom, 2 full bathroom apartment with an office space. Enjoy direct access to a private backyard, ideal for relaxation or entertaining. Second Floor: 3-bedroom, 2 full bathroom apartment with an office, providing plenty of room and comfort. Third Floor: 4-bedroom, 2 full bathroom apartment, perfect for larger families or shared living arrangements. Basement: Fully finished apartment with its own private entrance/exit, offering flexible recreation space. Location Highlights: Just 2 ? blocks to the Myrtle-Wyckoff M/L subway station-a commuter's dream! Situated off Knickerbocker Ave and close to the Myrtle Ave shopping district, offering a wide variety of shops, restaurants, and amenities. Don't miss out on this rare chance to purchase a vacant, legal 3-family home in Bushwick.Whether you're looking to move in or rent out, this property is a fantastic investment in one of Brooklyn's most vibrant neighborhoods!
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  • Interior Details
    • Interior Features
      • Interior:First Floor Bedroom, Eat-in Kitchen
    • Heating & Cooling
      • Cooling:Wall Unit(s)
      • Heating:Natural Gas, Hot Water
    • Beds & Baths
      • Bedrooms:9
      • Bathrooms:6
      • Full Baths:6
  • Property Details
    • Measurements
      • Acres:0.05
    • Parking
      • Parking features:On Street
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Basement:1
    • Condition
      • Year built:2007
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Appliances:Oven, Refrigerator
  • Community and Neighborhood Details
    • Location
      • School district:Brooklyn 32
      • Elementary School:Ps 116 Elizabeth L Farrell
      • Middle School:Jhs 383 Philippa Schuyler
      • High School:Bushwick Leaders Hs-Acad Excell
      • County:Brooklyn
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 750, 000
      • Taxes annual:$9, 007
  • Other
    • Source
      • MLS #:3581306

Location

Keller Williams LandmarkAsk Vinny Thompson team
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years

Down Payment

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10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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