Offering Memorandum_Foreclosure Sale_Bushwick Stalled Construction Portfolio_2.2021_

BUSHWICK AVE
CENTRAL AVE
DEKALB AVE
LOCATION OVERVIEW
1010 Bushwick Ave, 435 Central Ave, & 1351 DeKalb Ave Brooklyn, NY
LOCATION
Bushwick’s borders largely overlap those of Brooklyn Community Board 4, which is delineated
by Flushing Avenue on the north, Broadway on the southwest, the border with
Queens to the northeast, and the Cemetery of the Evergreens on the southeast. The
industrial area north of Flushing Avenue, east of Bushwick Avenue, and south of Grand
Street is commonly considered part of East Williamsburg. However, it is also commonly
included in Bushwick, occasionally with the modifier “Industrial Bushwick.
The town of Bushwick—which, along with Breukelen and Bedford, became incorporated
as the city of Brooklyn on January 1, 1854—included present-day Williamsburg and
Greenpoint. Prior to the merger, in the early 19th century, residential development in the
area had begun when the new district of Williamsburg was laid out in western Bushwick.
Williamsburg was incorporated in 1827 and officially severed from Bushwick in 1839.[8]
Present-day East Williamsburg, which was not part of the city of Williamsburg, was originally
organized primarily as Brooklyn’s 18th Ward from the annexation of Bushwick. Now
part of Brooklyn Community District 1, sections of East Williamsburg are sometimes considered
to be part of Bushwick.
The centroid, or geographic center, of New York City is located on Stockholm Street in
Bushwick, on the block between Wyckoff and St. Nicholas Avenues.
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