NOT LISTED FOR SALE

270 Palmetto St Unit 2 Brooklyn, NY 11221

Bushwick Neighborhood
3 Beds
2.5 Baths
1,350 Sq Ft
1910 Built

Highlights

  • No HOA
  • Balcony
  • 3-minute walk to Bushwick Playground

About This Home

As of February 2024

Welcome to 270 Palmetto Street, a multifamily home nestled between Knickerbocker & Wilson Avenues. This duplex unit is perched on both the second & third floors and features three bedrooms and two and a half bathrooms. Upon entry, the lower level offers an open-concept gourmet kitchen with an expansive living space, a half bath and a bonus room (ideal for a den, work space or extra bedroom) that leads to the lower-level balcony and stairs to access the yard. The upper level offers a master suite complete with an en-suite and private balcony, two additional bedrooms and a second full bathroom. Details include an in-unit W/D, ample closet space, recessed lighting, high ceiling and oak wood flooring throughout. Tenant is responsible for all utilities. Both the MTA M & L train stations are just a short distance away.

Last Agent to Rent the Property

Inga Wszolek

Bond New York Properties LLC License #10401257564 Listed on: 02/07/2024

Bond New York Properties LLC

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $2,331

Year Built

  • Built in 1910

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,350 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Additional Features

  • Balcony
  • No Cooling

Community Details

  • No Home Owners Association
  • 2 Units
  • Bushwick Subdivision

Listing and Financial Details

  • Property Available on 3/1/24
  • Legal Lot and Block 0027 / 03352

Property Details

Home Type

Co-Op

Est. Annual Taxes

$2,331

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2024-03-01

Listing Details

  • Property SubType: Duplex
  • Property Type: Residential Lease
  • Neighborhood: Bushwick
  • Architectural Style: Walk-Up
  • Entry Level: 2
  • Unit Levels: Two
  • Pets No Pets Comments: Small, case by case.,
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 3

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area: 1350.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: No
  • Exterior Features: Balcony
  • Patio/Porch Features: None, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Stock Cooperative

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 3
  • Year Built: 1910

Tax Info

  • Tax Block: 03352
  • Tax Lot: 0027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2019
Sold by
Deal Lance Walter
Bought by
Cummings Andrew M and Cummings Sarah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Outstanding Balance
$951,503
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2016
Sold by
Pal 072 Llc
Bought by
Deal Lance Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,084,767
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2015
Sold by
Bonilla Javier R
Bought by
Pal 072 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2001
Sold by
Bonella Luz A and Bonilla Luz A
Bought by
Bonilla Javier R
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cummings Andrew M $1,356,000 --
Deal Lance Walter $1,220,000 --
Pal 072 Llc $175,000 --
Bonilla Javier R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummings Andrew M $1,080,000
Previous Owner Deal Lance Walter $1,084,767
Previous Owner Pal 072 Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Rented $5,575 +557400.0% --
02/20/2024 02/20/24 Under Contract -- -- --
02/08/2024 02/08/24 For Rent $1 -100.0% --
07/15/2016 07/15/16 For Rent $2,200 -- --
07/15/2016 07/15/16 Rented -- -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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 $2,331 $70,020 $10,860 $59,160
2024 $2,331 $76,440 $10,860 $65,580
2023 $2,226 $67,560 $10,860 $56,700
2022 $2,066 $65,040 $10,860 $54,180
2021 $2,058 $71,340 $10,860 $60,480
2020 $1,544 $73,560 $10,860 $62,700
2019 $2,023 $58,500 $10,860 $47,640
2018 $1,862 $9,134 $1,282 $7,852
2017 $1,459 $8,626 $1,718 $6,908
2016 $1,319 $8,150 $2,192 $5,958
2015 $762 $8,133 $2,446 $5,687
2014 $762 $8,060 $2,514 $5,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10938044

Real Estate Board of New York (REBNY)

APN: 03352-0027