RealtyLens
for saleRealtyLens property overview
$599,000

122 Palmetto St Apt 3L

Brooklyn, NY, 11221
View more Brooklyn, NY property pages
1Beds
1Baths
750Sqft
$799$/sqft

Listing Notes

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. Expansive, open floor-through layout Generously sized living room with space for dining or a home office Oversized southeast-facing king-size bedroom with walk-in closet Private rear facing balcony with sliding door Contemporary kitchen outfitted with stainless steel Bosch appliances Floor-to-ceiling windows and elegant Carrera tile flooring throughout Chic, modern bathrooms with stylish tile finishes Central AC and heating with individual room temperature controls Enhanced privacy and soundproofing with poured concrete between units Convenient in-unit washer and dryerThis 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

Market Insights

Below nearby median-19%

$799/sqft vs a nearby median of $980/sqft.

Nearby median$980/sqft
Nearby properties12
Property size750 sqft
  • -19% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 750 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$714k$638k$790k · 33% confidence
vs ask $599k−$115k (−19.2%)

Asking price is about 19.2% below the fair value — likely to draw competing offers if it's still on market.

$976/sqft median across 4 tight comps × 750 sqft= $732k
  • Days-on-market gravity−$22k −3.0%
  • Modern construction+$11k +1.5%
  • Sparse street life−$11k −1.5%
  • Transit access+$4k +0.5%
Cumulative NYC adjustments−$18k−2.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-19% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
303 days
Last price change
No change recorded
Listed
Jul 13, 2025
Photos
2 photos
Property type
condos
Status
for sale

Features & Amenities

Outdoor SpaceLaundry RoomLow HoaHoaShopping

Building Facts

Year built
2022
Stories
5
Total units
8
Residential units
8
Building area
7,148 sqft
Lot size
2,500 sqft
Land use
Multi-family walk-up buildings
Building class
R1

From NYC public records where available.

Price History

May 4, 2026Initial record
$599,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.