--- title: "1198 JEFFERSON Avenue #B, New York City, NY 11221" description: "1198 JEFFERSON Avenue #B, New York City, NY 11221 — Bushwick, New York City, NY. Listing Price $875,000. In contract 8/27/2026. 2 bed, 2 bath, 989 sqft Illustrative Buyer Commission Share of $13,125 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11221/1198-jefferson-avenue-b-ny-11221" source: "Real Estate Rebate Team" dateModified: "2026-08-27T22:25:27.883Z" status: "Pending" --- # 1198 JEFFERSON Avenue #B, New York City, NY 11221 Bushwick, New York City, NY **Sponsor Residence** Courtesy of Corcoran Group Last updated: August 27, 2026, 6:25 PM ## At a Glance - **Listing Price**: $875,000 - **Status**: In contract 8/27/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 2 - **Baths**: 2 - **Sqft**: 989 - **Common Charges**: $489 / mo - **Price per Sqft**: $885 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $875,000 - **Illustrative Buyer Commission Share**: -$13,125* - **Illustrative Net Cost**: $861,875 *Illustrative Buyer Savings of $13,125 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![1198 JEFFERSON Avenue #B, New York City, NY 11221 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a46fca92-5c92-4b73-8656-25ba08eaf1cb.png) ![1198 JEFFERSON Avenue #B, New York City, NY 11221 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a5290164-d385-4130-8cc3-c8093c9baf0a.jpg) ![1198 JEFFERSON Avenue #B, New York City, NY 11221 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9da869c3-fa08-401f-b701-2159090707d6.png) ![1198 JEFFERSON Avenue #B, New York City, NY 11221 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/665ff6d5-4187-4826-9fe4-e86a666af8e4.png) ![1198 JEFFERSON Avenue #B, New York City, NY 11221 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/947c5089-5149-4201-95b4-072b99d50f77.png) ![1198 JEFFERSON Avenue #B, New York City, NY 11221 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8bcb129e-e5ac-40ce-bebe-c8bb626e8c33.png) ![1198 JEFFERSON Avenue #B, New York City, NY 11221 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3392475e-ad09-42c9-b330-76c6dbc0df59.png) ![1198 JEFFERSON Avenue #B, New York City, NY 11221 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fbe46505-29c4-428d-8d37-ed4395b73c00.png) ![1198 JEFFERSON Avenue #B, New York City, NY 11221 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/87a69b7a-51db-4348-8646-e502c06f718a.png) ![1198 JEFFERSON Avenue #B, New York City, NY 11221 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/21945411-b14f-4464-9685-c86a55f29362.png) ## Property 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 private storage rooms included. Unit B is a massive 2-bedroom, 2-bath home featuring a sweeping floor plan as well as a lovely Juliet balcony. Wide plank white oak floors run throughout the home, and all of the living spaces are open, airy, and light-filled. There's also a beautiful finished rooftop space with scenic 360-degree views as far as the eye can see. The main great room is generously proportioned, easily accommodating a large dining table and a variety of living room furniture configurations. Discreetly tucked away off the main living space is a utility closet housing a conveniently stackable LG washer/dryer. An additional double-wide front hall closet provides ample storage space with built-in shelving, and its Shaker-style doors add a stylish touch. The galley kitchen is warm and inviting, with stunning custom cabinetry and a high-end stainless appliance package. The first full bath is serene and beautifully appointed, offering a quiet space for relaxation. Neutrally hued, large format tiles add to the tranquility of the space. The primary bedroom features an expansive, elongated layout, providing ample space to comfortably accommodate a king-size bed. A large walk-in closet provides abundant storage space, and the ensuite bathroom features a floating vanity with additional storage and a sizable shower. The secondary bedroom is equally spacious, with its own walk-in closet and Juliet balcony. Both bedrooms offer gorgeous views of the deck. 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. This is not an offering. The complete Offering Terms are in an Offering Plan available from Sponsor. File No. CD24-0147 ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Baths**: 2 - **Rooms**: 5 - **Sqft**: 989 sqft - **Stories**: 4 - **Year Built**: 2025 - **Price per Sqft**: $885 - **Common Charges**: $489 / Monthly - **Listed On**: Aug 7, 2026 - **Days on Market**: 40 Days ### Residence Features - Central Air - Building Other - Washer Hookup - In Unit - Balcony - Private Outdoor Space Over 60 Sqft - High Ceilings - City - Panoramic ## Estimated Monthly Payment **$4,913 / month**, assuming a 20% down payment ($175,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,424 - **Common Charges**: $489 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 3 apartments at 1198 Jefferson Avenue have recorded sales since September 2021, the most recent for $920,495 in July 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | C (Apartment) | 3 | 993 | $920,495 | $927/ft² | July 2, 2026 | MLS | | A (Duplex) | 3 | 1,758 | $1,199,000 | $682/ft² | March 26, 2026 | City record · MLS | | PH (Apartment) | 3 | 1,002 | $890,969 | $889/ft² | September 15, 2025 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $875,000 - **Median sold price**: $905,000 - **Difference**: -$30,000 (-3.3%) - **This home, $/ft²**: $885 - **Median $/ft²**: $1,028 - **Comparable sales**: 36 - **Sales from**: October 2024 – June 2026 - **Middle half of those sales**: $789,104 – $975,000 Based on condo two-bedroom sales in Bushwick. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Bushwick instead. ### How these sales were negotiated - **Sale-to-list price**: 97.7% (30 sales) - **Sold below asking**: 70% (30 sales) - **Typical time to find a buyer**: 41 days (31 sales) - **Typical time to close**: 79 days (29 sales) Based on condo two-bedroom sales in Bushwick with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. ### Price trend Median sale price, condo and house two-bedroom sales in Bushwick | Year | Median sold price | Sales | | --- | --- | --- | | 2022 | $799,500 | 18 | | 2025 | $950,000 | 18 | | 2026 YTD | $883,250 | 18 | Based on recorded condo and house two-bedroom sales in Bushwick. 2026 is year-to-date. Sales data through July 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 1198 Jefferson Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1198-jefferson-avenue) ## Price and Property History for 1198 JEFFERSON Avenue, Unit B Review the recorded listing activity for 1198 JEFFERSON Avenue, Unit B, including asking-price changes and prior market dates. - **Entered contract**: August 27, 2026 | Date | Price | Listing event | | --- | --- | --- | | August 27, 2026 | $875,000 | Entered contract | | August 5, 2026 | $875,000 | Returned to the market | | April 28, 2026 | $875,000 | Listed for sale by Corcoran Group | ## About The Building ### 1198 Jefferson Avenue Bushwick · Condominium 1198 JEFFERSON Avenue, Brooklyn, NY 11221 A building in Bushwick, currently featuring 0 active listings. - **Year Built**: 2025 - **Active Units**: 0 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1198-jefferson-avenue) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [B](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11221/1198-jefferson-avenue-b-ny-11221) | 2 | 2 | 989 sqft | $885 | $875,000 — In contract | Corcoran Group | Aug 7, 2026 | 40 days | ## Bushwick Overview of Bushwick [Explore Bushwick](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bushwick) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Bushwick - [Ridgewood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/ridgewood) - [Williamsburg real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/williamsburg) - [Crown Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/crown-heights) - [Glendale real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/glendale) - [Cypress Hills real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/cypress-hills) ## Related Links - [1198 Jefferson Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1198-jefferson-avenue) - [Bushwick neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bushwick) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.