Overview

Description

Ariel Property Advisors is pleased to present 522 Evergreen Avenue, a newly-constructed, eight-unit multifamily building located on the south side of Evergreen Avenue between Woodbine Street and Palmetto Street in the Bushwick area of Brooklyn.

Built in 2019, this 25-foot-wide, four-story building encompasses eight residential units across 5,612 rentable square feet. The unit mix consists of two ground-floor, spacious duplex units and six one-bedroom units. This newly constructed building is turn-key and boasts top of the line, luxury finishes throughout. All units are appointed with full amenities including stainless steel appliances and full-size washers/dryers. Both duplex units enjoy back yard access while units on floors two through four have private balconies. Each unit has separate metering for water and electric. The property also benefits from a 35-year tax exemption with associated rent and income restrictions for units 2A, 3A, and 4A. Please inquire for more information.

522 Evergreen is located in a desirable area of Bushwick that offers close proximity to public transportation, and walkability to the many restaurants, cafes, and nightlife places that Bushwick is known for. Just two blocks from the J and Z train located at the Gates Avenue Station and a short walk to the L train located at the Wykoff/Myrtle Avenues Station commuters can get into Manhattan within 30 minutes.

In addition, the property will continue to benefit from the proposed Bushwick Rezoning that will encourage future development through upzoning.

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