4,125 ft²
$230 per ft²
18 rooms
6 beds
6 baths
Rental unit
- Bushwick
Resale
reported sale
Sold on 2/2/2024
Not yet verified by closing records
Seller's agents
This home has been saved by 144 users.
Listing by Level Group, Corporate Broker, 401 New Karner Road, Albany, NY 12205
Common charges
Not applicable
Estimated payment
$5,915/mo
Taxes
$666/mo
Tax abatement
No info
About
Seller’s agent
description
Introducing 198 Jefferson Street – Prime Bushwick Investment Property.
Fantastic opportunity to purchase this 6-unit multi-family home in the heart of Bushwick Brooklyn, all units are rent stabilized.
Unit 1L and 3L will be delivered vacant, the 4 other units will be delivered with tenants in place, generating a steady cash flow from the start.
Policies
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Home features
No info on home features
Building amenities
No info on building amenities
About the building
198 Jefferson Street
198 Jefferson Street, Brooklyn, NY 11206
6 units
3 stories
1931 built
Property history
- Price Change: ↓ $150,000 (-13.6%) on 9/14/23
- Days on market: 255 days
| Date | Price | Event |
|---|---|---|
2/2/2024 | $950,000 | Sold by Level Group |
9/14/2023 | $950,000 | Price decreased by 14% |
5/23/2023 | $1,100,000 | Listed by Level Group |
Past listing photos
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Explore Bushwick
Transit
| Location | Distance |
|---|---|
Mat Central Av | 0.28 miles |
Lat Morgan Av | 0.36 miles |
Lat Jefferson St | 0.44 miles |
JMZat Myrtle Av | 0.49 miles |
Lat DeKalb Av | 0.51 miles |
About Bushwick
Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.
SalesMedian asking price
6 beds
$1.75M
RentalsMedian asking base rent
6 beds
$8,000
Bushwick has seen a lot of change over the years. In the early 1900s, it was known for its thriving distilleries and breweries. After those industries declined, it experienced a long period of blight through the 1970s and 1980s. Now the neighborhood is seeing a renaissance, as artists pushed out of Williamsburg and elsewhere move in and raise property values. Bushwick offers unconventional living spaces: The housing market is full of converted lofts in old factories, sometimes with great access to outdoor space.
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