$1,099,000
Updated 8 years ago
Off Market

439 Bushwick Ave

East Williamsburg, Brooklyn | Varet Street & Cook Street

2,200 Square FeetMixed Use

$1,099,000
floors / apts2 / 1
Lot Size20'x75'
Built Size20'x55'
ZoneM1-1
Building TypeLow-Rise
RE Taxes$3,317
Price Per SF
$500

Building Amenities

  • Voice Intercom

Property Description for 439 Bushwick Ave

This one of a kind, mixed use building is located in East Williamsburg and represents a potential dream opportunity for an owner/proprietor to utilize a live/work option. The building contains 2 units which are currently operated as a church on the ground floor, commercial space and a roomy, floor through apartment above. This sturdy, prewar brick building is built on a 20 FT x 75 FT lot with a building dimension of 20 FT x 72 FT on the ground floor and 20 FT x 55 FT on the second floor, yielding almost 2,540 SF, in addition to the basement. With a few initial improvements, this building could generate a good rent roll for a savvy investor in which to park their money and collect a steady return on their investment. This area of Williamsburg bordering Bushwick has seen an influx of both commercial and residential new development projects in recent years, and in fact more than any other area in all of NYC. A block away at 439 Bushwick Avenue, more than 200 residential units are currently in development, which is a testament to the future potential growth and appreciation anticipated for the area. The property is located a short distance from both the Flushing Ave JMZ and the Montrose Ave L train stations. Additionally, plenty of amenities abound such as Planet Fitness, Walgreens, and famed neighborhood locations such as Roberta's, Ichiran, Silent Barn and Syndicated Bar Theater Kitchen.

Listing History for 439 Bushwick Ave

Now
01/30/2019
POM by Kashif Khan
Corcoran
2019

Building Details for 439 Bushwick Ave

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts2/1
Learn More About the Building

Transit and Citi Bike

Subway

Flushing Av
0.26 miles
Morgan Av
0.33 miles
Myrtle Av
0.36 miles
Montrose Av
0.4 miles

Citi Bike

Bushwick Ave & Forrest St
0.11 miles
Beaver St & Fayette St
0.15 miles

Contact Agent

Contact Agent

Kashif Khan
Corcoran

East Williamsburg | Brooklyn

Quick Profile

East Williamsburg is a mixed industrial neighborhood in Brooklyn, with many working factories that make everything from beer and wontons to clothing and concrete. You are likely to hear screeching, pounding and the deep thump of industrial machinery throughout the day. East Williamsburg has become a haven for artists and musicians of every description, who are attracted to the large open loft spaces of the converted industrial buildings. The area has attracted a younger crowd of 20- and 30-somethings that are drawn by affordable rents and a generally lower cost of living.

There is a rich history of immigrants from Puerto Rico and Italy, and oddly enough, they chose to settle on opposite ends of Graham Avenue, with the Italians on the north and the Puerto Ricans on the south.

Housing in the area consists of mid-rise apartment buildings, row houses, and public housing complexes. There are also smaller multi-family apartment buildings available. Lofts are becoming more prevalent as the older, abandoned factory buildings come up for sale and are converted into residential properties. 

East Williamsburgfairly pulses with a creative vibe. There are unique shopping venues, numerous tiny coffee shops, interesting restaurants, and cafes, along with food trucks that frequent the area. The grocery stores are affordable and carry a wide variety of goods that appeal to the eclectic tastes of the neighborhood residents.

There is a vibrant bar scene, where you will find mostly local residents imbibing, so it is easy to make friends among your neighbors if you stop in frequently at your favorite watering hole. There are many interesting shops, bars and restaurants tucked in amongst the warehouses and factories. Many do not invest in elaborate signage, so it can be difficult to find some of the best spots. Keep an eye out for hand-painted signs on the sides of buildings with arrows pointing to nondescript, nearly invisible entrances.

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: 73461TH