Updated 7 years ago
Off Market
507 Hart Street
Bushwick, Brooklyn | Broadway & Bushwick Ave
7 Rooms5 Beds3 Baths1,840 Square FeetMulti-Family
$815,000
floors / apts2 / 2
Lot Size20'x75'
Built Size20'x46'
ZoneR6
Building TypeTownhouse
RE Taxes$2,004
Price Per SF
$443
Property Description for 507 Hart Street
INVESTMENT OPPORTUNITY IN HOT BROOKLYN NEIGHBORHOOD! 507 HART STREET, BUSHWICK - Let your vision and your creativity transform 507 Hart Street into the home of your dreams! Here's your opportunity to fully customize your home, or build an investment vehicle for your financial future! This 2-Story, 2-Unit 1,840 SF frame home is built 20 ft x 46 ft on a 20 ft x 75 ft lot. However, with R6 zoning, and 2.43 FAR, this translates to approximately 1,800 SF unused FAR, or a total of approximately 3,645 SF allowable usable SF - 507 Hart Street is poised for a major comeback! Bushwick is one of the most innovative neighborhoods in Brooklyn, filled with galleries, vintage stores and bars all with a distinctive left-field vibe. Continually stimulating, from the funky shows at House of Yes to the graffiti on display at the outdoor street gallery Bushwick Collective, this is a place that strives to do things a bit differently from everyone else. Of course, if you ever want to check out the rest of the city you're well connected through the J, M, Z and L lines. Bushwick has become a sought-after neighborhood with a range of living options available. Clapboard and limestone homes are found throughout the area, while many of the old industrial buildings have been converted into condominiums, lofts and rental apartments. Demand for Bushwick apartments to rent has become increased too, as more visitors get a taste of the neighborhood's vibrant bar and restaurant scene.Zoning Analysis available upon request. Please consult your contractor/architect to verify property details.
Listing History for 507 Hart Street
Now
08/30/2019
POM by Anthony Morris
Corcoran
07/08/2019
$815,000
Initial Price by Anthony Morris
Corcoran
Building Details for 507 Hart Street
OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts2/2
Transit and Citi Bike
Subway
Kosciuszko St
0.22 miles
Central Av
0.23 miles
Myrtle Av
0.25 miles
Citi Bike
Suydam St & Broadway
0.07 miles
Willoughby Ave & Myrtle Ave
0.11 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: 76710TH
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