242 Palmetto StBrooklyn, NY 11221

Property Details for 242 Palmetto St

Year built

2007

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 3-family apartment building, constructed in 2007, presents a rare opportunity in the heart of Bushwick, Brooklyn. Currently vacant, this property offers immediate potential for owner-occupancy or rental income generation. The building boasts a total of three units, each thoughtfully designed for modern living. The first floor features a 2-bedroom, 2-bathroom apartment with an office and private backyard access. The second floor offers a spacious 3-bedroom, 2-bathroom apartment, also including an office. The third floor comprises a 4-bedroom, 2-bathroom unit, ideal for larger families. A fully finished basement apartment with a separate entrance provides additional versatile space. Each unit is equipped with a separate Navien tankless hot water/heating system. Situated on a 2,000 square foot lot, zoned R6, this property presents potential for expansion or condo conversion, subject to applicable regulations. Its convenient location, just two blocks from the Myrtle-Wyckoff M/L subway station and near the Myrtle Avenue shopping district, ensures easy access to public transportation and a wealth of amenities. This is a remarkable investment opportunity in a thriving Brooklyn neighborhood. The asking price is $1,750,000.

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6954

Longitude

-73.9148

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.