Bushwick is booming! The subject property is currently configured as a single family wood-frame. It is located on St. Nicholas Avenue between Bleecker and Menahan Street. The property sits between two classic Bushwick multifamily brick buildings. The zoning is R6 and can be built up to 4374 SF. This is one of the most sought-after sections of Bushwick.
Building/ remodeling later? Rent out upstairs and the newly remodeled basement with separate entrance. It pays its own mortgage! What a smart idea?
The property will be delivered vacant 30 days after closing. Price drastically reduced from $1.3 million to $970,000 for immediate sale.
The St. Nicholas Avenue property is the opportunity for you to invest in a neighborhood with exponential growth. Many investors agree that something is going on St. Nicholas Avenue, as a $37 million luxury complex is in development just 3 blocks away, 17 floors Ridgewood Tower is coming on 5 blocks away, 100s apartment building renovation is going on in a one-mile circle!!
What is attracting these investors?
The St. Nicholas Ave property is a 5-minute walk from both the Myrtle Wyckoff station (L and M train) and Dekalb Station(L train). From the St.Nicholas Ave property, it is a 10-minute drive to two major expressways. It is also 5-10 mins from multiple gyms (Planet Fitness, Lucille Roberts, Blink Fitness), 2 hospitals, grocery stores, Starbucks, restaurants, and nightlife. Nestled within a neighborhood Bushwick, St. Nicholas Avenue property allows you to immerse yourself in three immediate worlds: Bushwick, Williamsburg, and Ridgewood. Picturesque St. Nicholas avenue present tree-lined street amidst a vibrant and diverse local culture that offers authentic local cuisine from around the world.
Bushwick invites you to an exciting city life with a thriving artist community.
Myrtle Avenue - 3 minutes - 'L' and 'M' Trains
Senaca Avenue - 6 minutes - 'M' Train
Dekalb Avenue - 6 minutes - 'L' Train
Bus Terminal - 3 minutes - connects all boroughs