As the popularity of Williamsburg has increased, so have its housing prices. But there are great units to be found priced under the median asking for both the neighborhood and greater Brooklyn — like 228 Bushwick Ave. #3E. Our Deal of the Week is a 1-bedroom with a private terrace and in-unit laundry!
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Learn more about our Deal of the Week!
The Price: $690,000
The median asking price for a home in Williamsburg was $1.8 million this July, according to the StreetEasy Data Dashboard. That means our Deal of the Week is priced at a little over one-third of the median asking price for the neighborhood!
Buyers who put down the 10% minimum down payment of $69,000 can expect to see monthly payments of $4,601. This includes a mortgage payment of $4,090, common charges of $340, and monthly taxes of $171.
Why You’ll Love It…
The private terrace on this apartment looks large enough to be a ground-floor patio, but the unit is actually located on the third floor of an elevator building. With ample room for sitting furniture, the terrace is the perfect place to sip a cup of coffee or catch up with friends during the warmer months. The glass door and window combo leading onto the terrace also lets plenty of light into the living room and dining area!
From the living area, turn a corner to find the kitchen, which is decked out with lots of cabinetry and counter space, plus full-size stainless steel appliances. The dining area is the perfect spot for a table or work-from-home setup, and also features a linen closet — always helpful for an entryway.
One of the best features in the unit is the stacked washer/dryer, meaning laundry doesn’t have to be a cardio workout. Plus, both the bathroom and bedroom are fairly spacious, with the bedroom featuring another oversized window looking out onto the terrace.
This pet-friendly condo building is located mere feet away from the L train stop at Montrose Avenue. The J and M trains are also accessible for more transit options. Plus, there’s a tax abatement in place until 2026, so you can expect a couple more years of those low monthly taxes! The surrounding streets are full of great bars and restaurants like Ichiran, Roberta’s, Dun-Well Donuts, and Ro’s Diner.
…And Why You Might Not
Unfortunately, the unit doesn’t have a dishwasher, but the in-unit laundry might soften that loss. Plus, the kitchen and bathroom both don’t have windows. However, for a modern condo in a great building with a stellar location, the price is hard to beat!
Check out the listing at 228 Bushwick Ave. #3E, listed by James Fierro and Jessica Quinn of Compass.
Find more NYC homes under $700K on StreetEasy