$700,000
SOLD AUG 22, 2025
0.06 Acre
$12,195,122 Price per Acre
2,500 Sq Ft Lot

Recently Sold

7% Below List Price

51 Days on Market

About This Lot

As of August 2025

Prime M1-1 Zoned Vacant Lot in the Heart of Bushwick!

Seize the opportunity to own a 25' x 100' vacant lot situated in the vibrant Bushwick which is renowned for its vibrant arts scene, diverse culture, and bustling community. The lot is only 4 blocks to Maria Hernandez Park, 0.8 miles to the Bushwick Collective gallery and Elsewhere music venue, 0.4 mi to Bossa Nova Civic Club. The area is also home to a variety of cafes, restaurants, and boutiques that reflect the neighborhood's creative spirit. The property is located right between Central and Evergreen Avenues, with easy subway access: 0.2 miles to L train at Jefferson St, 0.5 miles to M train at Knickerbocker Ave, 0.7 miles to J/Z trains at Myrtle Ave. It is also close to B13, B54, and B60 bus line stops.

This property presents a unique development opportunity. The M1-1 zoning designation allows for a range of development possibilities, including:
Light manufacturing facilities
Commercial establishments
Artistic studios or galleries
Community facilities

Lot: 25 x 100 ft
Zoning: M1-1
Commercial FAR: 1
Facility FAR: 2.4
Taxes: $4,359/Yr

Don't miss out on this exceptional opportunity to invest and develop in one of Brooklyn's most dynamic neighborhoods.

Last Agent to Sell the Property

Javier Cortes

Capri Jet Realty Corp Brokerage Phone: 718-388-2188 License #10401265253 Listed on: 05/13/2025

Last Buyer's Agent

Javier Cortes

Capri Jet Realty Corp Brokerage Phone: 718-388-2188 License #10401265253 Listed on: 05/13/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,290

Lot Details

  • 2,500 Sq Ft Lot
  • Chain Link Fence

Schools

  • Ps 145 Andrew Jackson Elementary School
  • Is 349 Math Middle School
  • Bushwick Leaders High School For Academic Excelle

Listing and Financial Details

  • Assessor Parcel Number 03163-0038

Property Details

Property Type

Land

Est. Annual Taxes

$4,290

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Vacant
  • Attribution Contact: 718-388-2188
  • CurrentPrice: 700000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 13064250.8711
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Chain Link, Fenced
  • Waterfront: No

Utilities

  • Sewer: Other

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 349 Math, Science & Technology

Lot Info

  • Lot Size Acres: 0.0574
  • Lot Dimensions: 25 x 100 ft
  • Lot Size Sq Ft: 2500
  • Parcel Number: 03163-0038
  • Lots: 1
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 4289.76
  • Tax Year: 2024

MLS Schools

  • Elementary School: Ps 145 Andrew Jackson
  • High School: Bushwick Leaders High School For Academic Excelle
  • Middle School District: Brooklyn 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2025
Closed on
Aug 22, 2025
Sold by
Rodriguez Gladys
Bought by
E & J Jefferson Group Corp
Seller's Agent
Javier Cortes
Capri Jet Realty Corp
Buyer's Agent
Javier Cortes
Capri Jet Realty Corp
List Price
$749,888
Sold Price
$700,000
Premium/Discount to List
-$49,888
-6.65%
Views
12
Current Estimated Value
$702,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,101
Avg. Annual Appreciation
0.70%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $700,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2025 08/22/25 Sold $700,000 -6.7% --
07/03/2025 07/03/25 Pending -- -- --
05/13/2025 05/13/25 For Sale $749,888 -- --
Source: OneKey® MLS

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 $4,290 $38,700 $38,700 --
2024 $4,290 $40,500 $40,500 $0
2023 $4,551 $42,750 $42,750 $0
2022 $4,840 $45,000 $45,000 $0
2021 $4,822 $47,250 $47,250 $0
2019 $3,851 $52,650 $52,650 $0
2018 $3,255 $45,450 $45,450 $0
2017 $2,725 $30,150 $30,150 $0
2016 $2,503 $28,350 $28,350 $0
2015 $1,412 $26,550 $26,550 $0
2014 $1,412 $24,300 $24,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: 861720

OneKey® MLS

APN: 03163-0038