New Construction Elevator Building | Bushwick 11-Unit Multifamily

503 Evergreen Avenue, Bushwick, NY

$7,000,000

Price

12,590 sqft

Building Size

3,000 sqft

Lot Area

Gallery
Street
Map
Overview
Building Size
12,590 sqft
Lot Area
3,000 sqft
Occupancy
100%
Units
11
Year Built
2019
Price Per Sqft
$556
Zoning
R6
Floors
4
Number of Elevators
1
Floor
4
Description

• 4-story newly constructed elevator building consisting of 9 apartments and 2 Retail

• Retail occupies a total of 7,850 total sqft on both ground and lower level floor
• The Retail Tenant is on a NNN lease ( Pays all utilities, including their portion of the Taxes)
• Tenants pay for all utilities
• The 35 year tax abatement (70/30) was commenced in 2022
• Amenities in the building include: Dog Spa, Storage & Laundry room, and Rooftop access

Location
Gallery