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Explore Bushwick Neighborhood in New York City

Real Estate New Developments

General Information

Bushwick is a dynamic and rapidly evolving neighborhood in Brooklyn, known for its thriving arts scene, vibrant street art, and eclectic community. Historically an industrial area, Bushwick has transformed into a hub for creativity and culture, attracting artists, musicians, and young professionals. The neighborhood features a blend of industrial spaces, trendy cafes, and up-and-coming restaurants, along with a growing number of galleries and performance venues. With its industrial charm, diverse population, and proximity to other trendy Brooklyn areas like Williamsburg and Greenpoint, Bushwick offers a unique, urban living experience.

Real Estate Information

Bushwick’s real estate market has seen significant growth and gentrification in recent years, making it an increasingly popular choice for buyers and investors. The neighborhood offers a mix of converted lofts, pre-war buildings, and new luxury developments, with property prices generally lower than in neighboring Williamsburg or downtown Brooklyn. Despite rising property values, Bushwick remains relatively affordable compared to other parts of Brooklyn, attracting first-time homebuyers, renters, and investors looking for opportunities in a rapidly evolving neighborhood. Its proximity to public transportation and the artistic vibe also make it an attractive area for those seeking an urban lifestyle with a creative edge.

Historical/Interesting Facts

Bushwick has a rich and varied history, originally developed as a center for manufacturing and industry in the 19th and early 20th centuries. The neighborhood was home to breweries, factories, and warehouses, many of which have been repurposed into creative spaces today. In the 1960s and 1970s, Bushwick went through a period of economic decline, with widespread disinvestment and a struggling local economy. However, in the 2000s, the area began to experience significant gentrification, attracting artists and young professionals. Today, Bushwick is known for its vibrant street art scene and a mix of old and new, making it a reflection of Brooklyn's ever-changing cultural landscape.

Properties Statistics

Total Properties

45

Median Asking

$625,321.51

Sale Price/ft²

$854.88

Average Home Size

771 ft²

Average Home Age

49 years

Based on results from 45 properties

Buildings in this Sector

CANTILEVER HOUSE21 garden street

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167 Moffat Street167 moffat street

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FAQ about Bushwick