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    1517 Jefferson Ave Brooklyn, NY 11237

    For Sale
    $1,125,000

    MULTI_FAMILY - Brooklyn, NY

    Lot size:
    0.06 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 10 at 2:06 pm

    Property Features for 1517 Jefferson Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    03386-0058
    Basement
    Unfinished
    Lot size
    0.06 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Multi Units
    Water source
    Public

    Building Details

    Year built
    1916
    Number of units
    6
    Building materials
    Brick

    Landmark International Real Estate LLC (718) 898-8300 [email protected]

    Listing agent Dongyue Niu

    Listing date Dec 1, 2025

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Multifamily Investment Opportunity

    This well-maintained, 5,712-square-foot multifamily property is located in the heart of Bushwick, Brooklyn. The building features six two-bedroom apartments. The property is situated near the L train and is close to the R train, restaurants, supermarkets, and schools. The current rent roll is $9,033.21 per month, totaling $108,398.52 annually. With expenses of $28,500, the net operating income is $75,343, resulting in a cap rate of 7. The property benefits from a Drie program, providing a tax release. The lot size is 0.0643 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.907707
    Latitude
    40.697335

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained six-family building in Bushwick with strong income potential.
    Where is this apartment building located?
    The property is located at 1517 Jefferson Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: - High Net Operating Income: $75,343 annually.; - Strong Cap Rate: 7% in the Bushwick area.; - Substantial Size: 5,712 sqft six-family building.
    (347) 870-1239
    Request Owner's contact information
    1517 Jefferson Ave Brooklyn, NY 11237
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    Brooklyn, NY 11237
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1517 Jefferson Ave Brooklyn, NY 11237
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