Massive 177-Unit Development Geared for Middle-Class New Yorkers Takes Shape in Bushwick

Rendering of 340 Evergreen Avenue via Studio Bice

Friday, Oct 5, 2018 By Michelle Merritt

On a quiet street in Bushwick, a full-block complex helmed by Bushwick Realty Holdings is slowly coming to fruition. Three six-story buildings at 869 - 871 Bushwick Avenue were completed and triple net leased to a non-profit in 2015. A 56-unit building at 889 Bushwick is expected to receive a temporary certificate of occupancy soon. And most recently, a five-story, 177-unit project at 340 Evergreen Avenue is well underway.

Enlarge Image

According to designer Studio Bice, 340 Evergreen Avenue will be made of reinforced concrete with a thermally efficient building envelope; while not quite up to Passive House standards, this will still be beneficial from an environmental and financial point of view. Plans indicate that building amenities will include a roof deck, laundry room, bike parking, and 112 parking places.

Rents are not yet available, but GlobeSt notes that the property will benefit from a 70% market rate and 30% affordable housing tax abatement program. According to CityRealty listings, the median Bushwick rent is $1,950/month for studios, $2,291/month for one-bedrooms, and $2,438/month for two bedrooms. See more listings here.

Google Streetview of 340 Evergreen Avenue

Google Streetview aerial map of 340 Evergreen Avenue

‘Indiana Jones’ penthouse finds buyer as $22.5M Fifth Avenue maisonette tops Manhattan contracts

Fillmore East site to become apartments and froyo shop as Manhattan’s conversion boom accelerates

Five luxury Jersey City rentals offering up to four months free rent

Top 10 NYC condos with the best yoga amenities

As NYC students head back to school, see the city's most impressive school-to-residential conversions

Beautiful NYC lofts for sale + 7 upcoming loft conversions, including Etage on the UWS

Tribeca lofts lead Manhattan's quietest contract week of 2026 as zombie skyscraper auctioned off

Price Cuts: Debra Messing's Upper East Side co-op trimmed by $500K; The Westbury three-bed reduced by $3.25M

Massive 177-Unit Development Geared for Middle-Class New Yorkers Takes Shape in Bushwick

Related Links

Tags:

Related Articles

‘Indiana Jones’ penthouse finds buyer as $22.5M Fifth Avenue maisonette tops Manhattan contracts

Fillmore East site to become apartments and froyo shop as Manhattan’s conversion boom accelerates

Five luxury Jersey City rentals offering up to four months free rent

Top 10 NYC condos with the best yoga amenities

As NYC students head back to school, see the city&#039;s most impressive school-to-residential conversions

Beautiful NYC lofts for sale + 7 upcoming loft conversions, including Etage on the UWS

Tribeca lofts lead Manhattan&#039;s quietest contract week of 2026 as zombie skyscraper auctioned off

Price Cuts: Debra Messing&#039;s Upper East Side co-op trimmed by $500K; The Westbury three-bed reduced by $3.25M

Search

Market Data

Market Insight

CityRealty

My Account

As NYC students head back to school, see the city's most impressive school-to-residential conversions

Tribeca lofts lead Manhattan's quietest contract week of 2026 as zombie skyscraper auctioned off

Price Cuts: Debra Messing's Upper East Side co-op trimmed by $500K; The Westbury three-bed reduced by $3.25M