72 Palmetto Street MULTI

$1,650,000

For Sale

Delisted 10/27/2025

6,172 ft²

$267 per ft²

10 rooms

4 beds

2 baths

Two-family home
Bushwick
Resale

Seller's agent

Cory Hewett

Licensed Associate Real Estate Broker

Gravity Real Estate Advisors

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Report listing

Listing by Gravity Real Estate Advisors, Real Estate Principal Office, 167 Madison Avenue, New York, NY 10016

Common charges

Not applicable

Estimated payment

$8,782/mo

Taxes

$286/mo

Tax abatement

No info

About

Seller’s agent

Cory Hewett

Licensed Associate Real Estate Broker

Gravity Real Estate Advisors

description

72 Palmetto Street – Bushwick Development Opportunity with Air Rights

An excellent opportunity for investors or developers in the heart of Bushwick, Brooklyn. 72 Palmetto Street is a 2-unit property situated on a 25 ft x 100 ft lot with R6 zoning and a total of 6,172 buildable square feet — offering substantial air rights and flexible potential for redevelopment or expansion.

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Home features

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Building amenities

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About the building

72 Palmetto Street

72 Palmetto Street, Brooklyn, NY 11221

Two-family house inBushwick

2 units

2 stories

1910 built

For sale

0 available units for sale

For rent

0 available units for rent

Documents and permits

View documents and permits

Learn more about 72 Palmetto Street

Property history

Price Change: No changes
Days on market: 150 days

Date	Price	Event
10/27/2025	$1,650,000	Delisted by Gravity Real Estate Advisors
5/30/2025	$1,650,000	Listed by Gravity Real Estate Advisors

Explore Bushwick

Transit

Location	Distance
JZat Gates Av	0.23 miles
Jat Halsey St	0.4 miles
Jat Kosciusko St	0.49 miles
Mat Knickerbocker Av	0.53 miles
Mat Central Av	0.61 miles

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About Bushwick

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

4 beds

$1.45M

RentalsMedian asking base rent

4 beds

$4,495

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.

Learn more about Bushwick