New Construction Expiring 421-A | Bushwick

999 Willoughby Avenue

Bushwick

Cross Street Central Avenue & Evergreen Avenue
Lot SF 75 ft x 100 ft
Gross Building SF (Above Grade) 22,000
Net SF 12,750
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Multifamily 999 Willoughby Avenue, Bushwick
Matthew Cosentino
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Details

Stories 5
Total Units 18
Residential Units 18
Zoning R6

Overview

TerraCRG has been retained to exclusively represent ownership in the sale of 999 Willoughby Avenue–a new construction elevator building located on one of the best blocks in Bushwick. The 22,000 SF property has a 421-A that expires June 30, 2026 and all the units will go from Rent Stabilized to Free Market when the abatement expires.

  • 18 Unit New Construction Building
  • Indoor Parking Garage
  • Tenant Amenities including Gym and On-Site Laundry
  • 100% Free Market Status after Abatement Expiration in 2026
  • Good Cause Eviction does NOT apply
  • Building Offered at $500/gross SF
  • Located on one of Bushwick’s Premier Blocks

The property is ideally on one of the best blocks in Bushwick–in close proximity to the L & M Subway lines, Maria Hernandez Park and some of the best restaurants, bars and music venues in all of NYC. Including House of Yes, Elsewhere, Red Pavilion, Danger Danger, Yours Sincerely, Orion Bar, Ra-Ra Rhino, Nana’s House, The Monkey King and Seawolf.

Attractions

Maria Hernandez Park
Knickerbocker Bagels
Foster Sundry
Artichoke Pizza
L Train Vintage
Mil Mundos Books
Carmenta's
Carmelo's
House of Yes
Elsewhere
Nook
Starr Bar
Rosie's Pizza Bar
Love's Club
Formosa
Birdy's
Ornithology
Mao Mao
Lazy Suzy Cafe & Shop
L Train Vintage
Bushwick Comedy Club
Gold Sounds

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