Bushwick Real Estate Continues To Shatter Records

  • Photo via Brownstoner

To be fair though, it’s a very nice house. After hitting the market for $1,195,000 back in May, Brownstoner reports that this three-unit house on Bushwick Avenue has been sold for $1,225,000, in all likelihood a neighborhood record.

The house has been in the neighborhood since 1887, and was described by its broker as a “multi-family prewar townhouse,” with the following amenities:

“Wheel-cut glass pocket doors, three original fireplaces (two working-gas), parquet floors throughout and an extra-large very private back yard and rare off street parking with two car garage, along with woodwork, etched glass, plaster moldings, and a fully upgraded mechanical system complete this property, which has been maintained impeccably throughout.”

In addition to an owners duplex on the ground floor, the building has room for two “high income” apartments available for rental above. Meaning, then, that whoever spent this much money on the place will probably end up making even more than they put in, and then some. And so the cycle of very-expensive real estate continues as it was designed to.

Follow Virginia K. Smith on Twitter @vksmith.

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