NOT LISTED FOR SALE

Estimated Value: $1,104,000 - $1,143,000

-- Bed
-- Bath
2,680 Sq Ft
$418/Sq Ft Est. Value

Last Sold May 20, 2025

Last sale price $1,100,000 $410 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,342/month

77 Days on Market

Highlights

  • Property is near public transit, schools, and shops
  • 4-minute walk to Myrtle-Wyckoff Avenues
  • Baseboard Heating
  • 2 Car Attached Garage

About This Home

As of May 2025

2 family 4 BR's, PRIVATE DRIVEWAY AND GARAGE Located in one of Brooklyn's most sought-after neighborhoods, 348 Bleecker Street offers a fantastic opportunity to own a versatile residential property in vibrant Bushwick. With the ground and first floors currently vacant, this property is ideal for an owner-occupant or investor looking to capitalize on Bushwick's thriving real estate market. The second floor is currently occupied by a tenant who is planning to move out soon, allowing for full occupancy. Ground Level & First Floor delivered Vacant: Ready for immediate occupancy, perfect for creating additional living spaces, a duplex, or multiple units. Second Floor: Leased to a tenant who is expected to vacate soon-ideal for residential use or further expansion Bus Stops: Conveniently located near several bus lines for easy access around the city. Railroad Access: Just a short walk to the L train at Jefferson Street Station, connecting you to the rest of Brooklyn and Manhattan. Close to local schools, making it an excellent choice for families. Enjoy easy access to popular shops, cafes, and dining spots that define the Bushwick neighborhood. Nearby green spaces for outdoor recreation. Whether you are looking to live in one unit and rent the others, or create a multi-family investment property, 348 Bleecker Street offers endless possibilities in a rapidly developing neighborhood. Don't miss the opportunity to own a piece of Bushwick, Additional information: Appearance: Very good, Separate Hotwater Heater: Yes

Last Agent to Sell the Property

Raphael Amar

Great Success Realty Inc Brokerage Phone: 718-883-1800 License #10301219088 Listed on: 11/21/2024

Co-Listed By

Shimon Matsui

Great Success Realty Inc Brokerage Phone: 718-883-1800 License #31MA1011482

Last Buyer's Agent

Raphael Amar

Great Success Realty Inc Brokerage Phone: 718-883-1800 License #10301219088 Listed on: 11/21/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,877

Year Built

  • Built in 1960

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20 x 100

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,680 Sq Ft Home
  • 3-Story Property

Location

  • Property is near public transit, schools, and shops

Schools

  • Ebc High School-Public Service Middle School
  • Brooklyn School For Math And Researc High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Legal Lot and Block 30 / 3310
  • Assessor Parcel Number 03310-0030

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,877

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Three Or More
  • Year Built: 1960
  • Attribution Contact: 718-883-1800
  • Co List Office Mls Id: KEYSMAT01
  • Co List Office Phone: 718-883-1800
  • CurrentPrice: 1100000.00
  • MlsMajorChangeType: Sold
  • CurrentPrice_By_LivingArea: 410.44776
  • ListPrice_By_LivingArea: 442.16418
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area: 2680
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Private, Attached

Utilities

  • Cooling: None
  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Ebc High School-Public Service

Lot Info

  • Lot Dimensions: 20 x 100
  • Lot Size Sq Ft: 2000
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 03310-0030
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R6

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5877
  • Tax Block: 3310
  • Tax Lot: 30

MLS Schools

  • High School: Brooklyn School For Math And Researc

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2024
Closed on
May 20, 2025
Sold by
Medina Jose
Bought by
Chen Xu and Lin Jingying
Seller's Agent
Raphael Amar
Great Success Realty Inc
Buyer's Agent
Raphael Amar
Great Success Realty Inc
List Price
$1,185,000
Sold Price
$1,100,000
Premium/Discount to List
-$85,000
-7.17%
Views
14
Current Estimated Value
$1,120,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,217
Avg. Annual Appreciation
2.98%
Original Mortgage
$715,000
Outstanding Balance
$711,159
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$409,058
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Chen Xu $1,100,000 --
Chen Xu $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xu $715,000
Closed Chen Xu $715,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2025 05/20/25 Sold $1,100,000 0.0% $410 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/15/2025 01/15/25 Off Market $1,100,000 -- --
11/21/2024 11/21/24 For Sale $1,185,000 -- $442 / Sq Ft
Source: OneKey® MLS

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 $5,877 $82,800 $12,360 $70,440
2024 $5,877 $65,400 $12,360 $53,040
2023 $5,943 $69,120 $12,360 $56,760
2022 $5,563 $56,580 $12,360 $44,220
2021 $5,765 $62,040 $12,360 $49,680
2020 $4,324 $75,240 $12,360 $62,880
2019 $5,101 $68,700 $12,360 $56,340
2018 $4,971 $24,384 $4,634 $19,750
2017 $4,734 $23,223 $6,598 $16,625
2016 $4,564 $22,828 $6,486 $16,342
2015 $2,423 $21,538 $6,898 $14,640
2014 $2,423 $20,320 $7,118 $13,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3592534

OneKey® MLS

APN: 03310-0030