EPIC Commercial Realty is pleased to announce the sale of 1292-1294 Bushwick Avenue, a development site in Bushwick, Brooklyn.

The property is comprised of two adjacent lots: one with a two-family home built to 2,147 SF; the other one is fully vacant. Situated on Bushwick Avenue, between Eldert Street and Joy Way, the building is ideally located just three blocks from the Halsey Street [J] train station. This property is delivered with approved plans to extend and add a floor to the existing structure, and build a new three-family home. The finished buildings will house total of six units. According to EPIC Commercial Realty Senior Associate Broker, Shay Zach, "This deal was a great opportunity since it had DOB approved plans and the architect was able to maximize the possibilities on this short corner lot. We had a hard time selling it, but we always knew it was an attractive parcel. When the right developer came he took it in a swift transaction and closed in 60 days."

With Williamsburg becoming one of the most expensive neighborhoods in New York City, Bushwick has undergone a massive investment and development process over the past few years. With new retail shops, restaurants and nightlife areas continuously opening up around the neighborhood, Bushwick has become one of the most desirable areas of Brooklyn. The neighborhood is comprised of mostly brownstones, warehouse converted lofts and other renovated buildings. The neighborhood is well served by public transportation through the [L,J,M,Z] trains and several local bus lines.

EPIC Commercial Realty sold 1292-1294 Bushwick Ave for $950,000. Senior Associate Broker, Shay Zach, and Sales Associate, Shy Galor, represented the seller and the buyer.  

About EPIC Commercial Realty

EPIC Commercial Realty is a full-service commercial investment brokerage firm that provides comprehensive and innovative real estate solutions to investors, property owners, and corporations worldwide. EPIC Commercial Realty is dedicated to continuously developing dynamic relationships resulting in increased capital beyond the expectation of our clients. Through such principles as integrity and hard work, we strive to develop into an esteemed commercial investment resource for property owners, investors, and corporations worldwide.