$1,775,000
Updated 9 years ago
Sold

303 Harman Street

Bushwick, Brooklyn | Knickerbocker Ave & Irving Ave

12 Beds6 Baths4,125 Square FeetMulti-Family

$1,775,000
floors / apts3 / 6
Lot Size25'x100'
Built Size25'x55'
ZoneR6
Building TypeTownhouse
RE Taxes$460
Price Per SF
$430

This property was sold for $1,775,000 on 05/21/15.

Property Description for 303 Harman Street

Prime Bushwick 6 family frame building delivered fully VACANT!! The subject property is a three story building with six residential units located in prime Bushwick between Knickerbocker Avenue and Irving Avenue. With rents for renovated 2 bedroom apartments in the area at $2500 a month and climbing fast, this is a real opportunity to own a high cap rate building in one of the most rapidly gentrifying neighborhoods in Brooklyn. The building is in an excellent location, just half a block from the Knickerbocker Avenue retail corridor providing close proximity to grocery stores, dry cleaning, shopping and restaurants. Additionally, the Knickerbocker Avenue M train at Myrtle Avenue is within 1 block, offering convenient access to Manhattan and Williamsburg within 20 minutes.

Listing History for 303 Harman Street

Now
05/21/2015
$1,775,000
Sold and Closed by David Gerstel
Friedman Roth Realty Corp.
2015

Building Details for 303 Harman Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

Knickerbocker Av
0.12 miles
DeKalb Av
0.25 miles
Myrtle-Wyckoff Avs
0.34 miles
Central Av
0.48 miles
Jefferson St
0.49 miles

Citi Bike

Irving Ave & Harman St
0.07 miles
Greene Ave & Myrtle Ave
0.12 miles

Contact Agent

Contact Agent

David Gerstel
Friedman Roth Realty Corp.

Bushwick | Brooklyn

Quick Profile

As one of the most diverse neighborhoods in New York, Bushwick offers a perfect snapshot of just how multicultural the city is. Long-established as an amalgam of cultures and ethnicities, a wave of varying types of immigrants trickled in from the seventeenth to twentieth centuries, with Bushwick largely becoming a home to Hispanics of Puerto Rican and Dominican backgrounds by the latter part of the twentieth century. 

With the Bushwick Initiative of the mid-00s that aided in revitalization, it became an attractive area to young professionals and artists. And even now, Bushwick has sustained affordable rent prices where other North Brooklyn counterparts, like Williamsburg and Greenpoint, have become more expensive. Priding itself on the weird and the wacky, numerous art collectives thrive in this part of Brooklyn, once famously named the seventh coolest neighborhood in the world by Vogue. 

Though it has drawn in many tourists in recent years (there’s even a graffiti tour you can take from the Bushwick Collective), the neighborhood remains very much community-oriented, and has not been subject to quite the same sort of corporate infiltration phenomenon of its nearby Williamsburg environs. 

But yes, of course, Bushwick has come a very long way from its 80s and 90s reputation as being “The Well,” a nickname given to it for its free-flowing and widely available amount of drugs (quantity over quality being the cliche applied here). 

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.
OLR ID: 48845TH