Updated 9 years ago
Sold
519 Evergreen Ave
Bushwick, Brooklyn | Putnam Ave & Cornelia Street
8 Rooms4 Beds2.5 Baths2,919 Square FeetIncome Property
$1,500,000
floors / apts3 / 2
ZoneR6
Building TypeTownhouse
RE Taxes$2,883
Price Per SF
$514
This property was sold for $1,500,000 on 09/12/16.
Listing Features
- Original Details
- Restored Details
Outdoor space and views
- Backyard
Building Amenities
- Voice Intercom
Property Description for 519 Evergreen Ave
I hear it all the time: let me know if youve got a good investment in Bushwick.
I HAVE ONE! THIS is a GOOD investment!
Reasons why this is a good buy:
Its on an up and coming street with proximity to all kinds of cool new things that are happening and cool new places that are opening. Art galleries, cafes, restaurants, bars...
There are residential developments nearby: big ones, small ones, new ones, old ones, condos, rental units...
EVERY DAY THIS POCKET OF BUSHWICK IS CHANGING!
The L train is NOT the main train here! The J and Z are- which are AWESOME trains! They get you to the Financial Dist, Wall Street, Midtown, West 4th St.
And you can still take the L if you want to- and be in Union Square in no time!
If youre worried about renting it- dont be. It will rent.
If youre worried about the L train- dont be. You are on the J and Z trains here.
Turn key investment property on Evergreen Ave featuring two units + store in MINT condition. Located just moments from the J & Z trains @ Gates Ave, 519 Evergreen Ave is well situated with a bike lane and is a straight shot to Morgantown.
The approximately 1,000 sq ft of commercial space features NEW floor to ceiling WINDOWS in front, a colorful electronic roll gate, SOARING CEILINGS, a half bath + a FULL HEIGHT BASEMENT!
Upstairs, two full floor apartments are each FLOODED with LIGHT and the flexible layouts can accommodate up to 3 bedrooms. EXPOSED BRICK, restored original detail throughout, hardwood floors and BEAUTIFUL WOODWORK make this a unique and special property. The windowed kitchens feature stainless steel appliances including a DISHWASHER. Each unit has CENTRAL HEAT & AIR, 6 oversized WINDOWS, and a video intercom. Everything was lovingly renovated and upgraded throughout.
519 Evergreen Ave has an incredible estimated projected annual income of $100,000. The low taxes of $2883 annually make this a perfect investment property in the borough's coolest neighborhood- BUSHWICK!
I HAVE ONE! THIS is a GOOD investment!
Reasons why this is a good buy:
Its on an up and coming street with proximity to all kinds of cool new things that are happening and cool new places that are opening. Art galleries, cafes, restaurants, bars...
There are residential developments nearby: big ones, small ones, new ones, old ones, condos, rental units...
EVERY DAY THIS POCKET OF BUSHWICK IS CHANGING!
The L train is NOT the main train here! The J and Z are- which are AWESOME trains! They get you to the Financial Dist, Wall Street, Midtown, West 4th St.
And you can still take the L if you want to- and be in Union Square in no time!
If youre worried about renting it- dont be. It will rent.
If youre worried about the L train- dont be. You are on the J and Z trains here.
Turn key investment property on Evergreen Ave featuring two units + store in MINT condition. Located just moments from the J & Z trains @ Gates Ave, 519 Evergreen Ave is well situated with a bike lane and is a straight shot to Morgantown.
The approximately 1,000 sq ft of commercial space features NEW floor to ceiling WINDOWS in front, a colorful electronic roll gate, SOARING CEILINGS, a half bath + a FULL HEIGHT BASEMENT!
Upstairs, two full floor apartments are each FLOODED with LIGHT and the flexible layouts can accommodate up to 3 bedrooms. EXPOSED BRICK, restored original detail throughout, hardwood floors and BEAUTIFUL WOODWORK make this a unique and special property. The windowed kitchens feature stainless steel appliances including a DISHWASHER. Each unit has CENTRAL HEAT & AIR, 6 oversized WINDOWS, and a video intercom. Everything was lovingly renovated and upgraded throughout.
519 Evergreen Ave has an incredible estimated projected annual income of $100,000. The low taxes of $2883 annually make this a perfect investment property in the borough's coolest neighborhood- BUSHWICK!
Listing History for 519 Evergreen Ave
Now
09/12/2016
$1,500,000
Sold and Closed by Meris G. Blumstein
Corcoran
08/14/2016
Contract Signed by Meris G. Blumstein
Corcoran
Building Details for 519 Evergreen Ave
OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/2
Transit and Citi Bike
Subway
Halsey St
0.29 miles
Gates Av
0.36 miles
Citi Bike
Jefferson Ave & Evergreen Ave
0.07 miles
Madison St & Evergreen Ave
0.09 miles
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: 60258TH
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