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1517 Jefferson Avenue, Brooklyn, NY, 11237
Brooklyn Multifamily Investment Opportunity

1517 Jefferson Avenue Brooklyn, NY 11237

For Sale
$1,125,000
Pending

MULTI_FAMILY - Brooklyn, NY

Property Size5,712 SF
Lot Size0.06 Acres
Days on Market368

Property Features for 1517 Jefferson Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Basement
Unfinished
Standard status
Pending
APN
03386-0058
Size
5,712 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
13257

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
Listing Agency: Landmark International R E LLC
Listed By: Dongyue Niu · License #10401282827
Added: Jul 24, 2025 Changed: May 12 Last Checked: Jul 26 at 8:06PM
MLS# 893520

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This well-maintained six-family building, totaling 5,712 square feet, is located in the heart of Bushwick. The property features six two-bedroom apartments. Situated on a lot of 0.0643 acres, the building benefits from its proximity to the L train and is close to the R train, restaurants, supermarkets, and schools. The current rent roll is $9,033.21 per month, amounting to $108,398.52 annually. With expenses of $28,500, the net operating income is $75,343, resulting in a cap rate of 7. This represents a good cap rate for the Bushwick area. The property also benefits from a Drie program, providing a tax release.

Key Highlights

  • High Net Operating Income: $75,343 annually.
  • Strong Cap Rate: 7% in the Bushwick area.
  • Substantial Size: 5,712 sqft six‑family building.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Nursing Home Carpet & Flooring Store Travel Agency Veterinary Clinic Accounting Firm

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

FAQs

What type of property is this?
Apartment building - Six-family building in Bushwick with strong income potential.
Where is this apartment building located?
The property is located at 1517 Jefferson Avenue 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.
More about this property
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