42 Jackson Street
Description
This turnkey investment property offers immediate in-place income in a high-demand North Brooklyn submarket near Williamsburg and Greenpoint. The building features a diversified income stream, consisting of four fully leased, free-market one-bedroom apartments and a ground-floor commercial space with a finished retail basement.
The commercial unit spans approximately 1,000 square feet on the first floor and is currently built out for...42 Jackson Street-1031 Replacement Property | 6.34% In-Place Cap
This turnkey investment property offers immediate in-place income in a high-demand North Brooklyn submarket near Williamsburg and Greenpoint. The building features a diversified income stream, consisting of four fully leased, free-market one-bedroom apartments and a ground-floor commercial space with a finished retail basement.
The commercial unit spans approximately 1,000 square feet on the first floor and is currently built out for a salon or personal services use. All four residential units feature efficient layouts with individual split air conditioning and heating systems.
With minimal near-term capital needs, this multi-family asset is a strong fit for investors and 1031 exchange buyers seeking stabilized income and long-term upside. Conveniently located with quick access to neighborhood amenities, dining, and public transportation.
Amenities
- Walk Up
- Central AC
- Recessed Lighting
- Voice Intercom
- Lowrise
- Electric Heat
- Intercom
Property Details for 42 Jackson Street
| Status | Active |
|---|---|
| Days on Market | 116 |
| Taxes | $1,277 / month |
| Maintenance | $1,334 / month |
| Min. Down Pymt | 10% |
| Total Rooms | 14.0 |
| Property Type | Mixed Use |
| MLS Type | - |
| Year Built | 1928 |
| Lot Size | 1,650 SF / 33' x 50' |
| County | Kings County |
| Buyer's Agent Compensation | 2% |
Building
42 Jackson St
Location
Listing Courtesy of: .
Building Information for 42 Jackson Street
Payment Calculator
$20,831 per month
30 year fixed, 6.36% Interest
$18,220
$1,277
$1,334
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1Property History for 42 Jackson Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| May 23, 2026 | Price Change Manual | $3,250,000 | — |
| May 8, 2026 | Price Change Manual | $3,385,000 | — |
| Feb 9, 2026 | Listed (Active) Manual | $3,500,000 | — |
| Feb 6, 2026 | Temporarily Off Market Manual | — | |
| Feb 6, 2026 | Listed (Active) Manual | $3,500,000 | — |
| Sep 8, 2015 | Sold ONEKEY #2736346 | $1,825,000 | — |
| May 18, 2015 | Contract Signed ONEKEY #2736346 | — | |
| Feb 4, 2015 | Listed (Active) ONEKEY #2736346 | $1,950,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 05/23/2026 | Price Change Manual | $3,250,000 |
| 05/08/2026 | Price Change Manual | $3,385,000 |
| 02/09/2026 | Listed (Active) Manual | $3,500,000 |
| 02/06/2026 | Temporarily Off Market Manual | — |
| 02/06/2026 | Listed (Active) Manual | $3,500,000 |
| 09/08/2015 | Sold ONEKEY #2736346 | $1,825,000 |
| 05/18/2015 | Contract Signed ONEKEY #2736346 | — |
| 02/04/2015 | Listed (Active) ONEKEY #2736346 | $1,950,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Schools near 42 Jackson Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
P.S. 17 Henry D Woodworth PublicPK to 5 | ||
John Ericsson Middle School 126 Public6 to 8 | ||
Williamsburg Preparatory School Public9 to 12 | ||
Brooklyn Preparatory High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Neighborhood Map and Transit
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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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.