Looking to buy in Bushwick? This neighborhood to the east of Williamsburg has seen increased interest in recent years — as well as an increase in prices. But it’s still possible to find newer construction priced below neighborhood averages, like 13 Melrose St. #4B. Our Deal of the Week is a 2-bedroom condo in Bushwick complete with central air conditioning, hardwood floors, and a modern kitchen.
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Learn more about our Deal of the Week!
The Price: $775,000
The median asking price for a home in Bushwick was $1.2 million this March, according to the StreetEasy Data Dashboard. That puts our Deal of the Week at about 35% less than the median asking price for the neighborhood!
Buyers who put down the 10% minimum down payment of $77,500 can expect to see monthly payments of $5,676. This includes a mortgage payment of $4,692, common charges of $476, and monthly taxes of $508.
Why You’ll Love It…
One of the main draws of this unit is the sheer size of the windows: the floor-to-ceiling window in the living area, for instance, spans nearly from wall to wall. There’s another floor-to-ceiling window in the primary bedroom, and the second bedroom has a skylight. Plus, the windows are double-paned to help keep the street noise to a minimum. And no need to worry about making a window A/C unit fit one of the huge windows, as the unit has central air conditioning!
The kitchen, which is open to the living area, features a breakfast bar, quartz countertops, pendant lights, European cabinetry, and an integrated dishwasher. Other full-sized appliances include the fridge and oven. There’s also a large closet in the entryway/kitchen, which could be used as a pantry or linen and coat closet. Another closet in this room tucks away a stacked washer and dryer: the true holy grail of New York City living.
Speaking of closets, you’ll find two double closets in each bedroom for additional storage. The bathroom also has a large medicine cabinet in addition to a shower/tub combo and subway tile. Additionally, the apartment has been updated with a Nest thermostat, smart smoke alarms, designer lighting, double-frosted glass doors, and custom blackout and privacy curtains.
This apartment is located in an 8-unit, pet-friendly condo building. Owners can enjoy a common furnished rooftop deck that offers views of the Manhattan skyline. In terms of transportation, the J, M, and Z trains are just a block away at Myrtle Avenue, and the L train stops within a few blocks as well.
…And Why You Might Not
The second bedroom doesn’t have a window aside from the skylight, and is currently separated from the main living area with temporary sliding doors. However, this offers some flexibility in the apartment’s layout, as this area could instead be used as a dining nook or home office. Additionally, the building doesn’t have an elevator, and the unit is on the top (fourth) floor.
However, if you’re looking to buy in Bushwick, this one is definitely worth checking out for the price, lighting, and modern upgrades it offers!
Check out the listing at 13 Melrose St. #4B, listed by Fran Kaback of Brown Harris Stevens.
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