Checking in on Bushwick's 358 Grove Street
So what up with the development at 358 Grove in Bushwick? The 59-unit project has been on the market for more than three months and just 12 of the 39 units listed on Halstead are in contract so far (most of them are on the E line). Prices are under $500 a foot and the…
So what up with the development at 358 Grove in Bushwick? The 59-unit project has been on the market for more than three months and just 12 of the 39 units listed on Halstead are in contract so far (most of them are on the E line). Prices are under $500 a foot and the finishes look okay, so what’s the deal? We’d love to hear from folks who’ve gone to check it out already. For those who haven’t, there’s a tripleshot of open houses tonight, tomorrow and Sunday.
358 Grove Street [Halstead] GMAP P*Shark
358 Grove Boldly Pushing Bushwick Boundaries [Curbed]
The units at Grove St there are much overpriced for the worst part of Bushwick. The area is really bad, ghetto-like and dirty. The restaurants are local food places where I would not buy a banana. The supermarket close to the unit has rotten meat and vegetables only. Nothing organic or USDA certified. The local community board there does not fix anything, not even the pot holes, since the tax-payers there earn too little (or do not pay any taxes). The fence for the parking lot is low, any person can jump over and “access” the cars parked. One of the gates is not working as per today. Do not think that Wyckoff/Myrtle Avenues will get soon like Bedford Ave and North 7 St. in Williamsburg. Thats only one stop from 1st Ave in Manahattan and the development of Williamsburg started in the mid 80s, more than 20 years ago. Brokers like to inflate things in order to inflate their own commission. Why not saying the truth: Bushwick at Wyckoff and Myrtle Aves. is a neighborhood for poor people, very poor people. Loud streets day and night, cars with loud amps in it, speakers hanging out from the windows, people screaming and yelling to each other. And the public schools in that neighborhood? Guess how they are.
I went to the open house this past sunday. I saw every line A-E and I saw the 3 bedroom, 2 bath duplex on the 14th floor. The block that this building is located on is not very attractive. This is NOT Ridgewood. The block that separates Ridgewood from Bushwick is St. Nicholas and that is about 3 or 4 blocks up towards queens. This building is between Wyckoff and Myrtle. The apts are very small. I do agree that they are WAY over priced for what they are. It is $500 per square foot and it is defintely not worth it. I saw one of the closests in a two bedroom and it was cracking inside. If they come down on price a little more then I would put a bid in. Until then I will keep looking.
I recently visited 358 grove street and would agree to most of what is written above.
Yes, it is costly for Bushwick, the bathrooms are terrible and the one bed rooms are tiny! the one beds in manhattan are larger! the price difference between the units., i.e from one bed to two bed is dramatic.
i also saw a unit which is on level with the patio on the second floor – i could not believe my eyes when i looked 20 feet further – some very poor kept houses are bordering the building.wouldent be surprised if they were running drugs from there!
there is potential in bushwick but the question is when will this potential be realized? in 5 years or 15 years? or never?
so now i ask you pro’s – where do i find a condo for 270k – basically the best overall deal.
JRO is obviously a sales agent for 358. He/She probably lives in a comfy location other than Bushwick. As I posted earlier, I’m eight blocks away(Wyckoff and Halsey) every day from 7am to 8pm, and nights on occasion. I see what goes on. Stop trying to portray Bushwick as anything but one of the last remaining ghettos in the local area. Yes, it has potential. Yes, it could be the next Williamsburg. As of now though, there will need to be a large influx of “desirables”, if I may quote an earlier poster. The only real hope is for the displaced Polish immigrants from Greenpoint to settle further south of Forest Ave. in Ridgewood and slowly clean up the area. I’ve been in the area since I was born, and have seen it go from very nice to ghetto from 1980 to 1995. Let’s hope it can return to its’ former glory. I’m watching and waiting, cash in hand.
-Mike P
20 min to city??
I don’t what you are smoking, but it take way more then 20 min to get to city from out here!
jro sounds like a sales agent from 358
well, i just went to see the place a couple of days ago, the apartments are great!!!! i just made an offering plan. i love it, its only 25 min to 14th st where i work. its a great investment if you know about buying property, this neighborhood is a buyers market. The place has 15 floors, 59 units, the rooftop has cabenas (kind of like little houses, really small) great for bbqs, dinner, and hangout place facing the empire state building, the condo also has a private parking lot at a great affordable price, the neighborhood will get better now that they are building tons of new houses, condos and coops, if you’re smart youll buy now and it will be worth it in a few years…
I think people are affraid of buying there, but think it is onlyl 15 minutes away from Manhattan, if a lot of young people move there , this area could be next Willliamsburg, moreover there are a lot of polish people,but still a great deal of undesirables,
I think the place is beautiful, maybe a little bit price, but i will buy as an investment and to help change the area
I grew up in Bushwick/Ridgewood and was part of the Italian/German flight cited in the Voice article. I own a building/business 8 blocks from 358 grove, so decided to take a look at the two penthouses. Garbage. Tiny rooms, horrible layouts, and the price was ridiculous. Not to mention the booming car stereos from the ghetto fabulous car detailing place right next door. The neighborhood still sucks, but is WAY better than it was when we “ran away”. I’m there every day…I see what goes on…hopefully gentrification will start making it a worthwhile place to live. For now, I’ll let others take the risk.