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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.

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  1. Home
  2. Buy
  3. New York City
  4. Brooklyn
  5. 11221
  6. 1198 JEFFERSON Avenue #A
Property thumbnail
1 / 16
★ Sponsor Unit
✓ No Board Approval Required
Condominium•Bushwick

1198 JEFFERSON Avenue #A, New York City, NY 11221

Listing Courtesy of Corcoran Group

$1,199,000

Potential Rebate: $17,985

Condominium
3 Beds
2 Baths
7 Rooms
1,758 sqft
Built 2025
4 Stories
682/ft²
Listed on Mar 17, 2025
284 days on market
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Overview

Tucked away on a peaceful, tree-lined stretch of the avenue, 1198 Jefferson brings a boutique collection of just four residences to one of the neighborhood's most charming corridors. With classic Brooklyn character and a sense of tranquility that feels rare in the city, this address offers a quiet retreat while keeping Bushwick's lively energy within reach. All residences are floor-through, north and south-facing homes with generous square footage and private outdoor space, most of which have storage rooms included. <br> <br> Unit A is a 3-bedroom, 1.5-bath garden duplex featuring a multi-level deck and a spacious lower-level rec room. Wide plank white oak floors run throughout the home and large windows allow for light to glitter through the space at all hours of the day. The unit's private entrance is beautifully landscaped, enhancing both its curb appeal and privacy. <br> <br> Upon entry, you are greeted with a spacious, light-flooded entryway with abundant room for a bike rack or coat storage. The home flows seamlessly into a full size dining room and the first sizable bedroom. Notably, this unicorn property is a garden unit with three "true" bedrooms - a rarity in any borough. An adjacent closet houses a conveniently stackable LG washer / dryer duo. The galley kitchen is warm and inviting, with stunning cabinetry and a stainless appliance package. <br> <br> Just beyond the kitchen, a Jack-and-Jill bathroom offers both public access and private access through the main bedroom. The generously-sized primary is roomy enough to accommodate a king-sized bed and walk-in closet as well as a versatile configuration of bedroom furniture. A large window opens onto the deck, providing lovely views of the garden. The home office also boasts a spectacular view and direct access of the deck. This massive two-tiered outdoor space is complemented by your very own tree, creating a serene retreat. <br> Descending the stairs to the lower level, you'll find the expansive rec room, complete with built-ins for entertainment and decor. The large space offers endless possibilities for storage and the custom shelving adds architectural interest. The lower level also provides access to the backyard, and a convenient powder room off the main area makes this space both comfortable and versatile. <br> <br> Residents of 1198 Jefferson Avenue are surrounded by local favorites, including Phil's, Father Knows Best, Irving General, Money Cat, Fazio's, Tikal Cafe, Caffeine Underground, Bar Cornelia, and Halsey Ale House. The property also offers convenient access to multiple subway lines, Citibike on the block, and Irving Square Park. <br> <br> This is not an offering. The complete Offering Terms are in an Offering Plan available from Sponsor. File No. CD24-0147<br> <br>

Home Features

  • •Ductless
  • •Zoned
  • •Washer Hookup
  • •In Unit
  • •Private Outdoor Space Over 60 Sqft

Estimated Monthly Payment

$6,607 per month

30 year fixed, 6.28% Interest

Principal and Interest
$5,925
Property Taxes
$0
Maintenance/Common Charges
$682

Estimated Rebate for this Home

One-time rebate at closing

$17,985

Monthly savings impact

$50/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).

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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 Corcoran Group

Data Source: TRESTLE #RLS20007962

REBNY Logo

Price Analysis

Compare average listing prices and value metrics for 1198 Jefferson Avenue against the surrounding Bushwick market.

Based on 3 active units in building vs 98 in area

Average List Price

Building$991.0K
Neighborhood$1.1M

Price Per SqFt

Building Avg$824/ft²
Neighborhood Avg$970/ft²
Value Opportunity

15.02% 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.

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