1517 Jefferson Ave, Brooklyn, NY 11237

Kings County

Last Updated: July 1, 2025

Asking price $1,200,000. Sells For 25% Less Than Market.

Price to EMV Ratio: 80.00%
EARV Ratio: 75.00%
5,712 sqft
2,800 lot size
6 baths
Year Built: 1916
Latitude: 40.6973270, Longitude: -73.9077000
1517 Jefferson Ave
Brooklyn, NY 11237
Property details
The description and property data below may have been provided by a third party, the homeowner or public records.
Rare 6-Unit Investment Opportunity in the Heart of Bushwick Unlock strong cash flow and long-term growth with this fully leased, income-generating multi-family property in one of Brooklyns most dynamic neighborhoods. Located just minutes from Knickerbocker Avenue, this is a turnkey asset in a high demand, appreciating market. Property Highlights: Six residential units with strong existing rental income Well-maintained and low-operating costs Prime location just off Knickerbocker Avenue a thriving commercial hub Unbeatable Location: Minutes to the J/Z trains at Alabama Avenue direct access to Manhattan Close to L train for fast commutes to Williamsburg and downtown Surrounded by supermarkets, including Fine Fare and Associated Walk to Bushwicks most popular cafes, bars, restaurants, and shops A short distance to the BQE; approx. minutes to Manhattan Investment Advantages: Fully turnkey operation with stable tenancy Low-maintenance building in excellent condition Situated in a rapidly appreciating neighborhood undergoing transformation Part of an Opportunity Zone offering potential tax benefits City-backed infrastructure and streetscape upgrades underway Growth Potential: Located along an expanding commercial corridor Positioned in one of Brooklyns hottest emerging markets Ideal mix of stability and upside for both short and long-term strategies Perfect For: First-time multifamily investors seeking cash flow with appreciation Owner-occupants looking to live in one unit while generating income Savvy investors targeting gentrifying neighborhoods with high ROI potential
Property features
Primary Land Use and Tax Lot Information
  • 1517 JEFFERSON AVENUE, 11237
  • DOB Overview:
  • Building Class:
    C2
    Walk Up Apartments: Five To Six Families
  • Year Built:
    1916
  • Number of Buildings:
    1
  • Floors on Main Building:
    3
  • Building Dimensions:
    28'68'
  • Actual Square Footage:
    5,712
  • Calculated Square Footage:
    5,712
  • Residential Floor Area:
    5,712
  • Total Units:
    6
  • Residential Units:
    6
  • Extension:
    None
  • Basement:
    Unknown
  • Address:
    1517 JEFFERSON AVENUE
  • Zip Code:
    11237
  • Borough:
    Brooklyn (3)
  • Block — Lot:
    3386 — 58
  • BBLE:
    3033860058
  • Lot Buildings:
    BIN
    Name
    3077785 1517 JEFFERSON AVENUE

  • Ownership:

  • Land Use:
    02
    Multi-Family Walk-Up Buildings
  • Lot Dimensions:
    28'100'
  • Calculated Lot Perimeter:
    258.53 ft
  • Acres:
    0.06
  • Lot Area:
    2,800
  • Lot Type:
    Inside
  • Zoning Districts:
    R6
    Moderate-density residence district
  • Zoning Map:

  • Actual FAR:
    2.04
  • Max Residential FAR:
    2.43
  • Max Commercial FAR:
    0
  • Max Facility FAR:
    4.80

  • Max Residential Sqft:
    6,804
  • Buildable Residential Sqft:
    1,092
  • Residential Area Distribution:
Real Property Records
Document Type
Personal Property Records
Document Type
Property Price History
Date Event Price
Jul 1, 2025 Listed $1,200,000
Sold Homes
Address Price Beds Baths
Homes For Sale
Address Price Beds Baths
Schools
School Name Rating
Bushwick School for Social Justice
400 Irving Avenue, NY 11237
2 / 10
Academy Of Urban Planning
400 Irving Avenue, NY 11237
5 / 10
Brooklyn School For Math And Research
400 Irving Avenue, NY 11237
Data provided by GreatSchools.org © 2025. All Rights Reserved.
School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Flood Factor
Flood Factor Score: 7 Flood Factor Score: 7 Flood Factor Score: 7 Flood Factor Score: 7
7 |10
Severe
Flood Factor
FEMA Zone (Est.)
X (unshaded)
Flood insurance:
Recommended
Flood risks are increasing as sea levels rise and weather patterns change.
This property has a Severe Flood Factor .
Flood Factor data provided by FloodFactor.