by RH Advisors

See Home Value
$1,500,000
Townhouse - Off Market

519 Evergreen Avenue

Brooklyn, NY 11221
bedrooms
Studio
bathrooms
0 Bath
$2,386,677
RealtyHop Estimate
59.11%
Since Oct 1, 2016
NY-New York
Primary Model

About This Property

I hear it all the time: let me know if youve got a good investment in Bushwick.

I HAVE ONE!  THIS is a GOOD investment!

Reasons why this is a good buy:

Its on an up and coming street with proximity to all kinds of cool new things that are happening and cool new places that are opening.  Art galleries, cafes, restaurants, bars...

There are residential developments nearby: big ones, small ones, new ones, old ones, condos, rental units...

EVERY DAY THIS POCKET OF BUSHWICK IS CHANGING!

The L train is NOT the main train here!  The J and Z are- which are AWESOME trains!  They get you to the Financial Dist, Wall Street, Midtown, West 4th St.

And you can still take the L if you want to- and be in Union Square in no time!

If youre worried about renting it- dont be.  It will rent.  

If youre worried about the L train- dont be.  You are on the J and Z trains here.

Turn key investment property on Evergreen Ave featuring two units + store in MINT condition. Located just moments from the J & Z trains @ Gates Ave, 519 Evergreen Ave is well situated with a bike lane and is a straight shot to Morgantown.  

The approximately 1,000 sq ft of commercial space features NEW floor to ceiling WINDOWS in front, a colorful electronic roll gate, SOARING CEILINGS, a half bath + a FULL HEIGHT BASEMENT!

Upstairs, two full floor apartments are each FLOODED with LIGHT and the flexible layouts can accommodate up to 3 bedrooms.  EXPOSED BRICK, restored original detail throughout, hardwood floors and BEAUTIFUL WOODWORK make this a unique and special property. The windowed kitchens feature stainless steel appliances including a DISHWASHER.  Each unit has CENTRAL HEAT & AIR, 6 oversized WINDOWS, and a video intercom.  Everything was lovingly renovated and upgraded throughout.

519 Evergreen Ave has an incredible estimated projected annual income of $100,000. The low taxes of $2883 annually make this a perfect investment property in the borough's coolest neighborhood- BUSHWICK!
Unit Size
-
Days on Market
123 days
Land Size
-
Price per sqft
-
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1910
Last updated: 3 months ago (RLS #CORC-3681369)

Price History

Date / Event Date Event Price
Sep 12, 2016 Sold to Julie M Hair, Richard J Hut... $1,500,000
Sold to Julie M Hair, Richard J Hut...
May 12, 2016 Listed by Corcoran Group $1,500,000
Listed by Corcoran Group
Jul 16, 2015 Sold to M A Units Llc $650,000
Sold to M A Units Llc

Property Highlights

Exterior Details

Property Information

Year Built: 1910

Building Information

Pets Allowed: Building No

Land Information

Tax Lot: 0003
Tax Block: 3375
Location Details
Subdivision Name: Bushwick


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$1,350,000 Feb 18, 2016
$1,350,000 May 25, 2016
-
Townhouse
Stu
-
-
$1,250,000 Nov 10, 2021
$1,250,000 Jan 25, 2022
$212/mo
Other
Loft
4 Baths
-
$1,300,000 Oct 19, 2016
$1,300,000 Jun 5, 2017
$566/mo
Other
Loft
4 Baths
2,700 ft²
$496/ft²
$1,340,000 Jan 5, 2017
$1,340,000 Mar 16, 2017
$137/mo
Townhouse
7 Beds
3 Baths
3,600 ft²
$431/ft²
$1,550,000 Jan 22, 2020
$1,550,000 Mar 28, 2022
-
Townhouse
5 Beds
3 Baths
3,000 ft²
$517/ft²
$1,550,000 May 31, 2022
$1,550,000 Jan 1, 1900
-
Townhouse
Stu
3 Baths
-
$1,499,999 Apr 10, 2023
-
-
Commercial
Loft
-
-
$1,500,000 Mar 31, 2022
-
$1,216/mo
Townhouse
4 Beds
2.5 Baths
2,850 ft²
$509/ft²
$1,450,000 Mar 29, 2023
-
$4,161/mo
Townhouse
5 Beds
4 Baths
2,760 ft²
$580/ft²
$1,600,000 Jun 12, 2022
-
-
Multifamily
4 Beds
5 Baths
2,400 ft²
$625/ft²
$1,499,000 Mar 15, 2021
-
-
Multifamily
9 Beds
5 Baths
-
$1,559,999 Dec 28, 2021
-
$559/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20160512
05/12/2016
Studio
-
-
$1,500,000
bedrooms
Studio
bathrooms
-
$1,500,000
09/12/2016
Justine Lee-Mills
Corcoran Group

Building Info

519 Evergreen Avenue 519 Evergreen Avenue, Brooklyn, NY 11221
  • 3 Units
More about this Building
519 Evergreen Avenue
Want to find out who owns 519 Evergreen Avenue, Brooklyn, NY 11221? Get detailed property transactions here .

About Northern Brooklyn


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