New Construction Expiring 421-A | Bushwick
999 Willoughby Avenue
Bushwick
Details
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.
718-395-1877