There may have been a time when New York households would be willing to sacrifice square footage for a city address, but months of lockdown seem to have resulted in buyers increasingly on the lookout for larger homes. The city's top Manhattan luxury contracts have regularly included townhouses and multi-level penthouses in 2021, and buyers looking to spend a little less have been looking to outer boroughs and even New Jersey for extra space and city access.
A recent entrant in this market is 952 Bushwick Avenue, a boutique condominium at the junction of Bushwick and Bedford-Stuyvesant. Demolition permits for the two-story, two-unit house previously on the site were filed in June 2018, and construction on the six-story, 70-foot-tall building to replace it soon commenced. The design by Queens-based Infocus shows a sleek facade and oversized windows, and sales are underway on the apartments inside.
A recent entrant in this market is 952 Bushwick Avenue, a boutique condominium at the junction of Bushwick and Bedford-Stuyvesant. Demolition permits for the two-story, two-unit house previously on the site were filed in June 2018, and construction on the six-story, 70-foot-tall building to replace it soon commenced. The design by Queens-based Infocus shows a sleek facade and oversized windows, and sales are underway on the apartments inside.
Two of the 10 units have already entered contract, and two-bedrooms start at $769K. A three-bedroom apartment is also listed for $1.149 million. At an average price of $882 per square foot, the building comes in above the Bushwick average of $769 per square foot.
Residential amenities include an elevator, bike room, lounge, and roof deck. The building is located on a quiet street, but one close to neighborhood favorites like Bklyn Pizza, El Monumento, Sunrise/Sunset, and The Buren. It is also near local conveniences like grocery stores, drugstores, and banks. The Gates Avenue J/Z subway stop is four blocks from the building, and the Central Avenue M stop offers another transportation option.
Pros
• Expansive layouts with generous storage space
• Top-of-the-line appliances and finishes
• Private outdoor space in the majority of units
• Close to local grocery stores, conveniences, schools, and transportation
Cons
• No on-site building personnel
• Apartments feature washer/dryer hookups, but not the appliances
• No gym in the building, and few fitness options nearby
• A long walk (or short ride) from the arts venues and nightlife that brought Bushwick to prominence