1111 Jefferson Ave Brooklyn, NY 11221
Bushwick NeighborhoodEstimated payment $10,732/month
Highlights
- Wood Flooring
- 4-minute walk to Halsey Street (J Line)
- No Heating
- No HOA
- South Facing Home
About This Home
This charming three-family investment property is a must-see for savvy investors or homeowners looking for extra income. Nestled in the heart of vibrant Bushwick, recently renovated this building features three well-appointed apartments that are perfect for rental or personal use.
Ground Floor: Step into a spacious two-bedroom unit that boasts an enormous finished basement, ideal for a rec space or home office. Enjoy your private backyard oasis, complete with a grill and a hot tubperfect for entertaining or relaxing after a long day.
Parlor Floor: This inviting two-bedroom apartment features cozy living spaces and a delightful outdoor area, providing the perfect retreat for enjoying your morning coffee or unwinding in the evenings.
Second Floor: A generously sized three-bedroom unit offers plenty of room for comfortable living. This versatile space is perfect for families or , ensuring a steady rental income.
Each apartment can command rents between $3,500 and $4,500, making this an excellent investment opportunity. Whether you choose to rent all three units or occupy one while generating income from the others, the potential is limitless.
With Bushwicks trendy vibe, art scene, and easy access to public transportation, this property is ideally situated for both tenants and owners alike. Dont miss out on this exceptional investmentschedule a showing today!
Listing Agent
Jason Warner
Redfin Real Estate License #40WA1032500 Listed on: 09/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,664
Year Built
- Built in 1900
Interior Spaces
- 3 Full Bathrooms
- 3,600 Sq Ft Home
- Wood Flooring
- Dishwasher
Additional Features
- South Facing Home
- No Heating
Community Details
- No Home Owners Association
- Bushwick Subdivision
Listing and Financial Details
- Property Available on 3/19/25
- Tax Block 03381
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,332 | $73,080 | $11,580 | $61,500 |
| 2024 | $3,332 | $85,980 | $11,580 | $74,400 |
| 2023 | $3,179 | $100,560 | $11,580 | $88,980 |
| 2022 | $2,954 | $82,320 | $11,580 | $70,740 |
| 2021 | $2,940 | $64,980 | $11,580 | $53,400 |
| 2020 | $1,462 | $64,200 | $11,580 | $52,620 |
| 2019 | $2,892 | $64,200 | $11,580 | $52,620 |
| 2018 | $2,659 | $13,046 | $2,664 | $10,382 |
| 2017 | $2,513 | $12,330 | $2,674 | $9,656 |
| 2016 | $2,328 | $11,643 | $3,410 | $8,233 |
| 2015 | $1,403 | $11,643 | $3,841 | $7,802 |
| 2014 | $1,403 | $11,520 | $3,732 | $7,788 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/18/2025 03/18/25 | Pending | -- | -- | -- | |
| 09/26/2024 09/26/24 | For Sale | $1,999,999 | +29.0% | $556 / Sq Ft | |
| 09/12/2022 09/12/22 | Off Market | $1,550,000 | -- | -- | |
| 03/28/2022 03/28/22 | Sold | $1,550,000 | 0.0% | $431 / Sq Ft | View Prior Sale |
| 02/02/2021 02/02/21 | For Sale | -- | -- | -- | |
| 01/01/2021 01/01/21 | Off Market | $1,550,000 | -- | -- | |
| 01/22/2020 01/22/20 | For Sale | $1,574,000 | -- | $437 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,900,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $1,525,000 | -- | |
| Deed | $1,525,000 | -- | |
| Deed | $1,525,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $1,075,000 | -- | |
| Deed | $1,075,000 | -- | |
| Deed | $1,075,000 | -- | |
| Deed | $375,000 | -- | |
| Deed | $375,000 | -- | |
| Deed | $701,064 | -- | |
| Deed | $701,064 | -- | |
| Deed | $390,000 | -- | |
| Deed | $390,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,847 | Purchase Money Mortgage | |
| Previous Owner | $1,220,000 | Purchase Money Mortgage | |
| Previous Owner | $140,213 | No Value Available | |
| Previous Owner | $560,851 | Purchase Money Mortgage | |
| Previous Owner | $350,000 | Purchase Money Mortgage |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11012108
APN: 03381-0056
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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. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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