122 Palmetto Street #3L, New York City, NY 11221
Listing Courtesy of Hillel Realty Group LLC
$599,000
Potential Rebate: $8,985
Overview
Experience the charm of this 8-unit boutique condominium, perfectly situated in the vibrant heart of Bushwick, Brooklyn. The spacious one-bedroom offers more square footage than most, creating a comfortable and versatile living space. With an impressively low HOA fee, this home combines modern convenience and exceptional value in one of Brooklyns most sought-after areas.<br><br><br> Expansive, open floor-through layout<br> Generously sized living room with space for dining or a home office<br> Oversized southeast-facing king-size bedroom with walk-in closet<br> Private rear facing balcony with sliding door<br> Contemporary kitchen outfitted with stainless steel Bosch appliances<br> Floor-to-ceiling windows and elegant Carrera tile flooring throughout<br> Chic, modern bathrooms with stylish tile finishes<br> Central AC and heating with individual room temperature controls<br> Enhanced privacy and soundproofing with poured concrete between units<br> Convenient in-unit washer and dryer<br><br>This home offers the perfect blend of comfort, privacy, and vibrant city living. Located just steps from the J & Z - Gates Ave subway stop with the option of walking up to the M & L at Myrtle-Wyckoff, youll have effortless access to all that Brooklyn has to offer. Enjoy being surrounded by Bushwicks best restaurants, trendy shops, and lively bars, all within walking distance. Experience a dynamic, thriving community, where convenience meets style in one of Brooklyns most sought-after neighborhoods<br><br><br><br><br><br>
Home Features
- •In Unit
- •Private Outdoor Space Under 60 Sqft
- •Eat-in Kitchen
- •Dryer
- •Dishwasher
- •Microwave
- •Washer
Estimated Monthly Payment
$4,006 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$8,985
Monthly savings impact
$25/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Similar Homes
26 GOODWIN Place #2R, New York City, NY 11221
Listing Courtesy of Corcoran Group
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
Member
Verified
Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Hillel Realty Group LLC
Data Source: TRESTLE #RLS20036489
Price Analysis
Compare average listing prices and value metrics for 122 Palmetto Street against the surrounding Bushwick market.
Average List Price
Price Per SqFt
17.64% Lower
than the Bushwick price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Bushwick
Overview of Bushwick
Bushwick is New York's capital of street art and industrial cool. A former manufacturing hub, it has transformed into a globally recognized center for creativity, nightlife, and youth culture. For buyers seeking Bushwick Brooklyn real estate, it offers converted lofts, colorful streetscapes, and an energy that is unmatched anywhere else in the borough.
Living in Bushwick is vibrant. The streets are a living canvas, home to the Bushwick Collective outdoor gallery. As a premier Brooklyn NYC neighborhood with no strict zoning height limits in many parts, it is a landscape of constant reinvention.
Real Estate & Housing Market
The market for homes for sale in Bushwick is diverse. It ranges from vinyl-sided multi-family homes to massive industrial loft conversions and sleek new condo developments.
Investors and first-time buyers flock here for the potential. While prices have risen, it still offers more square footage than Williamsburg.
Lifestyle & Community
The lifestyle in Bushwick is nocturnal and artistic. Residents dine at Roberta's (famous for pizza), drink at House of Yes (famous for performance art parties), and shop at vintage stores.
The community is a dynamic mix of the long-standing Latino community and a massive influx of artists, musicians, and young professionals.
Transportation & Accessibility
Bushwick is served by the L, M, and J/Z trains. The L train at Morgan or Jefferson provides a direct 15-minute shot to Union Square.
The M train offers an elevated view of the city and connects easily to Midtown.
Parks, Schools & Amenities
Maria Hernandez Park is the neighborhood's living room, filled with soccer games, dog walkers, and skaters.
Amenities are unconventional: instead of big-box stores, you have art supply shops, techno clubs, and organic bodegas.
Who This Neighborhood Is Best For
Bushwick is best for artists, nightlife lovers, and investors looking for a high-growth neighborhood with a distinct edge.
