$395,000
Updated 11 years ago
Off Market

143 Troutman Street

Bushwick, Brooklyn | Evergreen Ave & Central Ave

Development Site

$395,000
floors1
Lot Size25'x100'
Built Size25'x70'
ZoneR6
Building TypeDevelopment Site
RE Taxes$4,570

Building Amenities

  • Elevator

Property Description for 143 Troutman Street

R6 residentially zoned warehouse across from a luxury rental building in North Bushwick. Owner will consider financing or a lease option for qualified bidders. Zoning will allow for continued warehouse use today and the option for residential redevelopment. Property features 14+ ft ceilings, rear yard, updated electric and hook-ups for heat. 4 blocks from the M train station at Myrtle Avenue and 8 blocks from the L train Station at Morgan Avenue in Williamsburg. Castle Braid Apartments across the street are fully occupied with 1BR's renting for $1800 and 2BR's renting for $2400.

Listing History for 143 Troutman Street

Now
07/05/2011
POM by Michael Amirkhanian
Cushman & Wakefield
01/27/2011
$395,000 [-$100,000] [20.2%]
Price Drop by Michael Amirkhanian
Cushman & Wakefield

Building Details for 143 Troutman Street

OwnershipDevelopment Site
Building TypeDevelopment Site
Year Built1930
Floors1
Learn More About the Building

Transit and Citi Bike

Subway

Central Av
0.19 miles
Myrtle Av
0.38 miles
Morgan Av
0.46 miles
Kosciuszko St
0.47 miles

Citi Bike

Central Ave & Starr St
0.07 miles
Central Ave & Melrose St
0.08 miles

Contact Agent

Contact Agent

Michael Amirkhanian
Cushman & Wakefield

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: 36498TH