Five-Story Mixed-Use Elevator Building in Bushwick

911 Broadway

Bushwick

Cross Streets Melrose Street & Arion Place
Stories 4.5
Gross Building SF 7,775
Gross Residential SF 5,275
Gross Commercial SF 2,500
Subways
j
m
z
Buses
B15, B46, B47, B54
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Mixed-Use 911 Broadway, Bushwick
Matthew Cosentino
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Details

Units 8
Residential Units 7
Commercial Units 1

Overview

TerraCRG has been retained to exclusively represent ownership in the sale of 911 Broadway, a large mixed-use elevator building, located in the bustling neighborhood of Bushwick, Brooklyn.

This five-story 7,775 SF property is fully occupied and renovated with a total of 8 units, comprised of 7 apartments and 1 commercial space. The building’s residential unit mix consists of 1 Studio, 2 two-bedroom units, and 4 three-bedroom units. The commercial space is currently occupied by Fuel Juice Bar, a local health-conscious pit-stop that provides Brooklynites with cold-pressed juices, wraps, and much more.

Under current ownership, the property qualified for the J-51 tax exemption, making the residential apartments stabilized. The abatement, which expires in 2028, will phase out 20% per year until 2026. However, once the abatement period ends in 2032, these residential units will then become free market.

Attractions

Straddled between Bushwick, Bedford Stuyvesant, and Williamsburg, 911 Broadway sits close to popular local nightlife, restaurants, bars, and coffee shops. Located less than one block away from the Myrtle Avenue train station, serviced by the J, M, and Z, this property benefits from the multiple nearby transit options that not only allow access to both Williamsburg and Union Square in minutes, but also attract creatives from all over the world to explore Bushwick, “one of the world’s coolest neighborhoods” as listed by Vogue.

Hart Bar
Café Erzulie
Concrete
Indika House
Old Timers
Skytown
Rebecca’s Jade
Thai Me

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