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By Accord Real Estate Group

Brooklyn’s Bushwick

April 27th 2018
Tags: Real Estate News, Brooklyn Real Estate

From one end of Bushwick to the other, for the most part, you cannot find a block where there is not at least one house undergoing a gut renovation or where there is an exciting new ground up development project underway. Bushwick, Brooklyn NY is undergoing a transformation and is growing in popularity rapidly. Visit the galleries, see the street art and graffiti, go into the shops and eat in the new and in the neighborhood’s favorite restaurants and bars, you will see, feel and taste the creativity and energy of this evolving neighborhood.

Bushwick is in Northern Brooklyn and is bordered by Ridgewood, Queens to the northeast, Williamsburg to the northwest, East New York and the cemeteries of Highland Park to the southeast, Brownsville to the south and Bedford Stuyvesant to the southwest.

Today’s real estate market in Bushwick shows no sign of slowing down. Demand for residential housing and investment properties is high. Some examples of asking prices for properties in Bushwick are:

For single family homes prices range from $1,049M for a 9 room, 5 bedroom, 2+ bath to $1.375M for a 2,500 square foot, 12 room, 4 bedroom, 3.5 bath home and prices go up from here.

For 2 family homes, prices range from $975,000 for 1,600 square foot, 8 rooms, 5 bedrooms and 2 baths, to $1.295M for 2,419 square foot, 7.5 rooms and 3.5 baths to$1.395M for 2,295 square foot, 10 rooms, 5 bedrooms and 5 baths, to $1.599M for 2,200 square foot with approved plans for an 8 family home, to $1.749M for 3,285 square foot, 12 room, 5 bedroom and 3.5 bath home.

For 3 family homes prices range from $1.495M for a 3,552 square foot, 11 room, 7 bedroom, 4 bath to $1.675M for a 3,360 square foot house.

For a 4 family house currently on the market the asking price is $2.1M for a 3,900 square foot, 18 room, 12 bedroom and 4 bath house.

For a 6 family house currently on the market the asking price is  $2.3M for a  5,250 square foot, 11 bedroom building.

Co op apartments are very reasonably priced asking $315,000 for a 590 square foot, 3 room, 1 bedroom and 1 bath apartment and $439,000 for an 800 square foot 3 bedroom and 1 bath apartment.

There is an abundant selection of condominium apartments on the market in Bushwick. The prices range from:

$420,000 for a 534 square foot, 2 room, studio apartment with 1 bath, to $499,000 for a 504 square foot, 1 bedroom, 1 bath unit to $579,000 for a 576 square foot, 1 bedroom, 1 bath unit to $625,000 for a 618 square foot, 1 bedroom, 1 bath unit to$689,000 for a 796 square foot 1 bedroom, 1 bath unit. In 2 bedroom and 1 bath units the prices range from $729,000 for 777 square foot unit to $775,000 for a 837 square foot unit to $950,000 for a 1,086 square foot unit and prices go up from here.

Bushwick has several good schools. They are:

P.S. 123 Suydam located at 100 Irving Avenue. Grades served are 1 to 5, PK, SE and OK.

Achievement First Bushwick Charter School located at 1300 Greene Avenue. Grades served are K to 12th grade.

All City Leadership Secondary School located at 321 Palmetto Street. Grades served 6-12.

P.S. 120 Carlos Tapia located at 18 Beaver Street. Grades served are PK-5.

P.S. 376 located at 194 Harman Street. Grades served are K-5.

The subway stations into Manhattan from Bushwick are:

At Bushwick Avenue & Aberdeen Street the L train, at Myrtle & Wyckoff Avenues the L train, at Jefferson Street and Wyckoff Avenue the L train, at Dekalb Avenue and Wyckoff Avenue is the L train, at Gates Avenue & Broadway the J train and at the Central Ave station at Myrtle Avenue and Cedar Street the M train.

Bushwick has a fantastic selection of restaurants to choose from. Some of them are:

Sally Roots located at 195 Wyckoff Avenue for Caribbean comfort food.

Roberta’s located at 261 Moore Street for great brunches and great Pizza.

Faro located at 436 Jefferson Street for good pasta.

Bunna Café located at 1084 Flushing Avenue for Ethiopian food.

Chuko Bushwick located at 144 Evergreen Avenue for the best ramen spot.

La Lupe located at 9 Jefferson Street for some of the best tacos in the neighborhood.

Cape House located at 2 Knickerbocker Avenue for seafood.

Bunker located at 99 Scott Avenue for great Vietnamese food and a great space.

The Wheelhouse located at 165 Wilson Avenue for grilled cheese heaven.

Guadalupe Inn located at 1 Knickerbocker Avenue for Mexican food.

Momo Sushi shack located at 43 Bogart Street.

Mominette located at 221 Knickerbocker Avenue, a French bistro.

Lucy’s Vietnamese Kitchen located at 262 Irving Avenue where everything on the menu is great.

Bushwick has some cool bars. Try these spots:

Yours Sincerely located at 41 Wilson Avenue for great cocktails.

Mood Ring located at 1260 Myrtle Avenue for an astrologically themed bar.

Sunrise/Sunset located at 351 Evergreen Avenue which is the best wine bar in Bushwick.

Boobie Trap located at 308 Bleeker Street, a cool neighborhood bar.

Lot 45 located at 411 Troutman Street, a dance bar.

Left Hand Path located at 89 Wyckoff Avenue, a casual beer bar.

The Narrows located at 1037 Flushing Avenue for great cocktails and a great back patio.

For live music in Bushwick you may want to try:

Silent Barn, located at 603 Bushwick Avenue.

Bushwick Public House located at 1288 Myrtle Avenue.

Unit J located at 338 Moffat Street.

Market Hotel located at 1140 Myrtle Avenue.

Suburbia located at 330 Melrose Street.

The footlight Bar located at 465 Seneca Avenue.

If you are interested in selling your property or you know someone who is planning to sell their Brooklyn NY property, whether a single family residential property,  an apartment building, a commercial property, mixed use, multi family, co op or condo, vacant land or a development opportunity, call us. You will be very happy that you did.

We always bring our clients the top market price for their property and provide exceptional personalized service from initial consultation to closing.

Thank you,

Accord Real Estate Group

Your Brooklyn Real Estate Broker