Updated 11 hours ago
Bushwick, Brooklyn | Bushwick Ave & Evergreen Ave
29 Rooms9 Beds11 Baths6,270 Square FeetIncome Property

$4,990,000
floors / apts4 / 8
Lot Size16'x100'
Built Size16'x60'
ZoneR6
Building TypeTownhouse
RE Taxes$1,773
Price Per SF
$796

Outdoor space and views

  • Backyard
  • Balcony
  • Garden
  • Terrace

Building Amenities

  • Virtual Doorman
  • FIOS
  • Roof Deck

Property Description

18A Bleecker is a newly developed high-end 8-unit multifamily constructed in 2016. This 25ft wide building offers eight thoughtfully designed units with exquisite finishings and a great long-term opportunity in the rapidly growing destination neighborhood of Bushwick, These developers strived to create a superior product to their surrounding competitors. With that in mind, all units feature high ceilings, floor-to-ceiling windows, wide plank oak floors, in-unit washer/dryers, central A/C, quartz countertops in kitchens, recessed lighting, pre-wired speakers, tankless water heaters, and a virtual doorman. Hot water and heating are paid by the tenants keeping ownership utility costs extremely low. Most units provide private outdoor space to their residents and the unfinished roof can be converted into an additional common roof deck. Unit 1B features a full private backyard and 4B provides a private roof deck creating the perfect at-home oasis. There are also five storage units in the lower level available for additional income. The property also has a 35-year tax abatement and very low total expenses.

Listing History

Now
08/26/2022
$4,990,000
Initial Price by Tali Berzak
Compass
2022

Building Details

OwnershipIncome Property
Building TypeTownhouse
Service LevelVirtual Doorman
AgePost-War
AccessWalk-up
Year Built2016
Floors/Apts4/8
Learn More About the Building

Transit and Citi Bike

Subway

Gates Av
0.24 miles
Kosciuszko St
0.31 miles
Central Av
0.41 miles
Knickerbocker Av
0.42 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: 42003TH