Seller's Agent in 2025
Sal Joseph Crifasi
Crifasi Real Estate Inc
(718) 908-4223
2 in this area
89 Total Sales
242 Palmetto St Brooklyn, NY 11221
Bushwick Neighborhood
9
Beds
6
Baths
4,320
Sq Ft
2,000
Sq Ft Lot
Highlights
- Wood Flooring
- Eat-In Kitchen
- 4-minute walk to Heckscher Playground
- Main Floor Bedroom
- Hot Water Heating System
About This Home
As of January 2025Delivered Vacant, additional FAR!!! Rare opportunity to own a well-maintained, vacant 3-family home in the heart of Bushwick, built in 2007! This modern building is perfect for owner-occupiers and investors alike, offering a spacious layout and convenience at every level. Potential for expansion and/or condo conversion. 3 separate Navien tankless heat/water system for each unit. Property Features: First Floor: A 2-bedroom, 2 full bathroom apartment with an office space. Enjoy direct access to a private backyard, ideal for relaxation or entertaining. Second Floor: 3-bedroom, 2 full bathroom apartment with an office, providing plenty of room and comfort. Third Floor: 4-bedroom, 2 full bathroom apartment, perfect for larger families or shared living arrangements. Basement: Fully finished apartment with its own private entrance/exit, offering flexible recreation space. Location Highlights: Just 2 ? blocks to the Myrtle-Wyckoff M/L subway station-a commuter's dream! Situated off Knickerbocker Ave and close to the Myrtle Ave shopping district, offering a wide variety of shops, restaurants, and amenities. Don't miss out on this rare chance to purchase a vacant, legal 3-family home in Bushwick. Whether you're looking to move in or rent out, this property is a fantastic investment in one of Brooklyn's most vibrant neighborhoods!
Last Agent to Sell the Property
Crifasi Real Estate Inc Brokerage Phone: 718-782-4411 License #10301205163 Listed on: 09/25/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,007
Year Built
- Built in 2007
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 20x100
Parking
- On-Street Parking
Home Design
- Triplex
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
- Eat-In Kitchen
Bedrooms and Bathrooms
- 9 Bedrooms
- Main Floor Bedroom
- 6 Full Bathrooms
Schools
- Ps 116 Elizabeth L Farrell Elementary School
- JHS 383 Philippa Schuyler Middle School
- Bushwick Leaders Hs-Acad Excell High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 13 / 3352
- Assessor Parcel Number 03352-0013
Community Details
Overview
- 3 Units
Building Details
- 4 Separate Electric Meters
- 3 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2024
Closed on
Jan 29, 2025
Sold by
Awang Hsui Po and Awang Migmar Migmar
Bought by
Iglesia Christiana Pentecostal Getsemani and Primera
Seller's Agent
Sal Joseph Crifasi
Crifasi Real Estate Inc
Buyer's Agent
Michele Best
Exit Realty First Choice
List Price
$1,750,000
Sold Price
$1,750,000
Views
11
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
$5,901
Avg. Annual Appreciation
0.54%
Purchase Details
Closed on
Sep 6, 2007
Sold by
Trun Llc
Bought by
Awang Hsiu Po and Awang Migmar Migmar
Purchase Details
Closed on
Nov 6, 2006
Sold by
Ramos Dorcas
Bought by
Trun Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 20, 2000
Sold by
The City Of New York
Bought by
Ramos Dorcas
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,750,000 | -- | |
| Deed | $758,596 | -- | |
| Deed | $758,596 | -- | |
| Deed | $275,000 | -- | |
| Deed | $275,000 | -- | |
| Deed | $10,000 | -- | |
| Deed | $10,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $7,821 | No Value Available | |
| Previous Owner | $412,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $1,750,000 | 0.0% | $405 / Sq Ft |
| 12/02/2024 12/02/24 | Pending | -- | -- | -- |
| 09/25/2024 09/25/24 | For Sale | $1,750,000 | -- | $405 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $9,007 | $76,200 | $11,400 | $64,800 |
| 2024 | $9,007 | $73,140 | $11,400 | $61,740 |
| 2023 | $8,721 | $79,920 | $11,400 | $68,520 |
| 2022 | $8,572 | $74,220 | $11,400 | $62,820 |
| 2021 | $8,836 | $65,280 | $11,400 | $53,880 |
| 2020 | $4,144 | $79,140 | $11,400 | $67,740 |
| 2019 | $7,817 | $73,560 | $11,400 | $62,160 |
| 2018 | $7,295 | $35,784 | $4,143 | $31,641 |
| 2017 | $7,295 | $35,784 | $6,426 | $29,358 |
| 2016 | $6,994 | $34,988 | $7,904 | $27,084 |
| 2015 | $4,112 | $33,008 | $8,371 | $24,637 |
| 2014 | $4,112 | $31,140 | $9,480 | $21,660 |
Source: Public Records
Agents Affiliated with this Home
-
Sal Joseph Crifasi
-
Michele Best
Buyer's Agent in 2025
Michele Best
Exit Realty First Choice
(631) 357-0107
1 in this area
28 Total Sales
Map
Source: OneKey® MLS
MLS Number: L3581306
APN: 03352-0013
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
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