--- title: "1219 HALSEY Street, New York City, NY 11237" description: "1219 HALSEY Street, New York City, NY 11237 — Multi Family Home in Bushwick, Brooklyn, NY. Listing Price $1,089,000. 16 bed, 8 bath, 1,717 sqft Illustrative Buyer Commission Share of $16,335 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11237/1219-halsey-street-ny-11237" source: "Real Estate Rebate Team" dateModified: "2026-08-24T19:39:58.565Z" status: "Active" --- # 1219 HALSEY Street, New York City, NY 11237 Multi Family Home in Bushwick, Brooklyn, NY Courtesy of Corcoran Group Last updated: August 24, 2026, 3:39 PM ## At a Glance - **Listing Price**: $1,089,000 - **Beds**: 16 - **Baths**: 8 - **Sqft**: 1,717 - **Monthly Taxes**: $1,184 / mo - **Price per Sqft**: $634 - **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**: $1,089,000 - **Illustrative Buyer Commission Share**: -$16,335* - **Illustrative Net Cost**: $1,072,665 *Illustrative Buyer Savings of $16,335 — 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) ## Property Overview Investment Opportunity 1219 Halsey Street, Bushwick, Brooklyn, NY 11237 8-Unit Multifamily Building Asking $1,089,000 Corcoran has been exclusively retained to market and sell 1219 Halsey Street - a fully occupied, income-producing 8-unit multifamily building situated in the heart of Bushwick, Brooklyn. Originally constructed in 1906, this classic four-story masonry walk-up is a study in both enduring character and modern operational efficiency, offering an investor a rare combination of immediate cash flow and meaningful long-term upside. The Property The building features eight spacious 2-bedroom, 1-bathroom railroad-style apartments, each averaging 861 square feet, with a desirable southeast-facing exposure that fills every unit with natural light throughout the day. The building sits on a 26.42 100 ft lot, is zoned R6, and carries a Tax Class 2B designation. Capital Improvements Significant capital improvements have been completed, positioning this asset as truly turnkey for its next owner. Upgrades include a full electrical panel modernization with circuit breakers routed to all four floors, updated individual meters, renovated kitchens and bathrooms throughout, and a conversion from oil to gas heating - a meaningful operational improvement that substantially reduces ongoing costs and long-term maintenance exposure. Income & Financial Performance All eight tenants are current with zero arrears, generating $10,015 per month and $120,180 in gross annual rent. Annual operating expenses break down as follows: Real estate taxes: $14,205 Water: $10,290 Insurance: $10,403 Gas / heating: $6,800 Common area electric: $1,584 Total expenses: $43,282 This yields an estimated Net Operating Income of $76,898, a cap rate of approximately 7.06%, and a Gross Rent Multiplier of 9.06x - compelling metrics for a stabilized Brooklyn multifamily asset at this price point. Worth noting: the building currently operates on flat-fee water billing, presenting an immediate opportunity for a new owner to transition to metered billing and further reduce operating expenses. Location Situated steps from the Halsey Street J/Z subway station and Irving Square Park, 1219 Halsey Street benefits from exceptional transit connectivity and immediate access to the vibrant dining, retail, and nightlife corridor along Knickerbocker Avenue. Bushwick continues to be one of Brooklyn's most dynamic and actively appreciating neighborhoods, drawing a growing base of young professionals and long-term residents alike - underpinning both rental demand and asset value for years to come. The Opportunity With zero arrears, a stabilized tenancy, a modernized physical plant, and strong in-place cash flow, 1219 Halsey Street represents an ideal acquisition for an investor seeking a low-maintenance, income-producing asset in one of Brooklyn's most compelling submarkets. Properties of this quality, at this cap rate, at this price point, do not last. ## Property Details - **Property Type**: Multi Family - **Beds**: 16 - **Baths**: 8 - **Rooms**: 32 - **Sqft**: 1,717 sqft - **Stories**: 4 - **Year Built**: 1906 - **Price per Sqft**: $634 - **Monthly Taxes**: $1,184 / mo - **Listed On**: May 14, 2026 - **Days on Market**: 124 Days ### Residence Features - Window Unit(s) - In Unit - Private Outdoor Space Over 60 Sqft - Smoke Free ## Sales Evidence ### How this price compares The median closed price for comparable house sales in Bushwick is $1,692,500, based on 36 sales between October 2021 and September 2026. This home is asking $1,089,000, $603,500 below that median. The middle half of those sales closed between $1,443,750 and $1,912,500. - **Median closed price**: $1,692,500 - **Middle half**: $1,443,750 – $1,912,500 - **Based on**: 36 house sales in Bushwick - **Period**: October 2021 – September 2026 - **Median $/ft²**: $532/ft² Across the 27 of these sales with a published asking price, the median closed at 98.3% of what it originally asked. 63% of them closed below the original ask. A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Bushwick. Apartment sales are excluded from it entirely. ### How these sales were negotiated - **Sold vs original ask**: 98.3% of the original ask - **Closed below ask**: 63% of 27 sales - **Listed → in contract**: 87 days (about 12 weeks) - **In contract → closed**: 69 days (about 10 weeks) Across the 27 of these sales with a published asking price, the median closed at 98.3% of what it originally asked. 63% of them closed below the original ask. Half of these homes were in contract within 87 days (about 12 weeks) of coming to market, based on the 30 with a recorded listing date. Once a deal was agreed, closing took a further 69 days (about 10 weeks), based on the 30 with both dates recorded. 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. Based on 36 house sales in Bushwick, October 2021 – September 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. 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 1219 HALSEY Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1219-halsey-street) ## Price and Property History for 1219 HALSEY Street Review the recorded listing activity for 1219 HALSEY Street, including asking-price changes and prior market dates. - **Entered contract**: May 19, 2026 | Date | Price | Listing event | | --- | --- | --- | | May 19, 2026 | $1,089,000 | Entered contract | | May 14, 2026 | $1,089,000 | Listed for sale by Corcoran Group | ## Property Tax History Taxes at 1219 HALSEY Street were $14,275 in 2026. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $708,750 | $6,750 | $702,000 | $114,200 | $14,275 | 12.5% (estimated) | | 2025 (FY 2025/26) | $632,250 | $6,750 | $625,500 | $114,200 | $14,275 | 12.5% (estimated) | | 2024 (FY 2024/25) | $693,450 | $6,750 | $686,700 | $110,557 | $13,820 | 12.5% | | 2023 (FY 2023/24) | $742,500 | $6,750 | $735,750 | $102,401 | $12,802 | 12.502% | | 2022 (FY 2022/23) | $618,750 | $6,750 | $612,000 | $94,869 | $11,638 | 12.267% | | 2021 (FY 2021/22) | $557,550 | $6,750 | $550,800 | $87,846 | $10,748 | 12.235% | | 2020 (FY 2020/21) | $610,650 | $6,750 | $603,900 | $87,846 | $10,776 | 12.267% | | 2019 (FY 2019/20) | $569,700 | $6,750 | $562,950 | $85,044 | $10,608 | 12.473% | | 2018 (FY 2018/19) | $78,770 | — | — | $78,770 | $9,934 | 12.612% | | 2017 (FY 2017/18) | $72,976 | — | — | $72,976 | $9,282 | 12.719% | | 2016 (FY 2016/17) | $67,574 | — | — | $67,574 | $8,712 | 12.892% | | 2015 (FY 2015/16) | $67,574 | — | — | $67,574 | $8,706 | 12.883% | | 2014 (FY 2014/15) | $65,419 | — | — | $65,419 | $8,410 | 12.855% | | 2013 (FY 2013/14) | $60,593 | — | — | $60,593 | $7,965 | 13.145% | | 2012 (FY 2012/13) | $56,136 | — | — | $56,136 | $7,399 | 13.181% | | 2011 (FY 2011/12) | $51,980 | — | — | $51,980 | $6,982 | 13.433% | | 2010 (FY 2010/11) | $51,980 | — | — | $51,980 | $6,941 | 13.353% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3034060060. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 1219 HALSEY Street 1219 HALSEY Street, Brooklyn, NY 11237 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1906 - **Total Units**: 1 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1219-halsey-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11237/1219-halsey-street-ny-11237) | 16 | 8 | 1,717 sqft | $634 | $1,089,000 | Corcoran Group | May 14, 2026 | 123 days | ## Estimated Monthly Payment **$6,691 / month**, assuming a 20% down payment ($217,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $5,507 - **Property Taxes**: $1,184 Estimates only. Actual payments may vary. Confirm terms with your lender. ## 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 - [1219 HALSEY Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1219-halsey-street) - [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.