Seller's Agent in 2023
Dylan Hoffman
Compass
(646) 431-2260
2 in this area
206 Total Sales
1035 Jefferson Ave Brooklyn, NY 11221
Bushwick NeighborhoodEstimated Value: $1,542,000 - $1,657,000
9
Beds
3
Baths
3,000
Sq Ft
$539/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 2-minute walk to Halsey Street (J Line)
- No Heating
- High Ceiling
- No HOA
- 4-minute walk to Saratoga Park
About This Home
As of November 20231035 Jefferson Ave.
-6.17% CAP rate
-3 units
-20x100 lot
-20x50 building
-------------------------------------------
Don't miss this stunning three-family brick townhouse featuring a charming front garden and ideal Bushwick location. Featuring a three-bedroom garden duplex with a massive rec room, plus two three-bedroom flats above, this is an ideal opportunity for investors or end-users alike.
Each unit features hardwood floors, tall ceilings, and bright northwestern and southeastern exposures. The smart layouts feature open living areas and spacious updated windowed kitchens with abundant cabinetry, tile backsplashes, and stainless steel appliances. Bathrooms are finished with floor-to-ceiling large-format tile and contemporary fixtures. Two bedrooms overlook the tree-lined street, and one faces the large yard. The garden duplex also includes a vast, renovated rec room space with a separate storage room and access to the oversized patio and rear yard.
Gross Rental Income : $98,400
Annual Taxes:$4,426
Utilities: $1,980
Maintenance/Upkeep: $2,580
Net Rental Income: $89,414
CAP Rate: 6.17%
Located on a quaint tree-lined residential street, perfectly positioned near the border of Bushwick and Bedford-Stuyvesant, this exceptional property is surrounded by fantastic restaurants, nightlife venues, and art galleries. Tech startups and studio spaces fill the local area, including the new 170,000-square-foot Netflix production facility. Transportation is effortless with the J/Z, L and A/C trains, excellent bus service and CitiBike stations within easy reach.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,428
Year Built
- Built in 1910
Lot Details
- Lot Dimensions are 20.000000x100.000000
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,000 Sq Ft Home
- 3-Story Property
- High Ceiling
- Wood Flooring
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
- 3 Units
- Bushwick Subdivision
Listing and Financial Details
- Legal Lot and Block 58 / 03380
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2022
Closed on
Aug 12, 2022
Sold by
Diop Mouhamadou
Bought by
52 Grace Street Llc
Seller's Agent
Dylan Hoffman
Compass
List Price
$1,395,000
Sold Price
$1,525,000
Premium/Discount to List
$130,000
9.32%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,973
Avg. Annual Appreciation
1.61%
Original Mortgage
$805,000
Outstanding Balance
$768,318
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$848,655
Purchase Details
Closed on
Dec 31, 2012
Sold by
573 Elton Corp
Bought by
Diop Mouhamadou
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,000
Interest Rate
3.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2012
Sold by
Heirs Of Sylvia Johnson
Bought by
573 Elton Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 52 Grace Street Llc | $1,525,000 | -- | |
| Diop Mouhamadou | $732,000 | -- | |
| 573 Elton Corp | $315,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 52 Grace Street Llc | $805,000 | |
| Previous Owner | Diop Mouhamadou | $549,000 | |
| Previous Owner | 573 Elton Corp | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2023 11/14/23 | Sold | $1,525,000 | +9.3% | $508 / Sq Ft |
| 06/06/2022 06/06/22 | Pending | -- | -- | -- |
| 05/05/2022 05/05/22 | For Sale | $1,395,000 | -- | $465 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,206 | $85,140 | $12,180 | $72,960 |
| 2024 | $5,206 | $82,860 | $12,180 | $70,680 |
| 2023 | $4,966 | $88,620 | $12,180 | $76,440 |
| 2022 | $4,605 | $97,080 | $12,180 | $84,900 |
| 2021 | $4,666 | $77,220 | $12,180 | $65,040 |
| 2020 | $2,320 | $63,900 | $12,180 | $51,720 |
| 2019 | $4,519 | $63,900 | $12,180 | $51,720 |
| 2018 | $4,154 | $20,378 | $3,600 | $16,778 |
| 2017 | $3,919 | $19,225 | $3,793 | $15,432 |
| 2016 | $3,694 | $18,477 | $4,233 | $14,244 |
| 2015 | $1,529 | $18,477 | $4,760 | $13,717 |
| 2014 | $1,529 | $18,354 | $5,093 | $13,261 |
Source: Public Records
Agents Affiliated with this Home
-
Dylan Hoffman
-
Andrew Corso
Seller Co-Listing Agent in 2023
Andrew Corso
Compass
(203) 535-6011
2 in this area
124 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10917948
APN: 03380-0058
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
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