$5,995,000 USD
914-584-7422
1063-1065 Bedford Ave
Brooklyn, NY 11216
Bedford-Stuyvesant
HIGHLIGHTS
- RENOVATED & TURNKEY: 14 of 16 units have been fully renovated and meticulously maintained
- EFFICIENCY, DENSITY & SCALE: 88% of the building has separate utilities, new appliances, and efficient unit layouts
- FM PORTION FULLY OCCUPIED: Free Market 2BR/1BTH apartments are fully occupied, with rents averaging $60/SF or $3,200/mo
- STRONG RETAIL FRONTAGE: Located on one of Brooklyn’s most sought-after retail corridors, with nearby retail rents averaging $75-100 / SF
- WELL-LOCATED: Within blocks of several cafes and restaurants on Bedford, Franklin, & Nostrand Avenues
FOR SALE DETAILS
PRICE
$5,995,000 USD
PRICE/SF
$520 USD /SF
# OF UNITS
16
PRICE/UNIT
$374,688
CAP RATE
Request Cap Rate
% LEASED
88%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1931
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.09 AC
LAND SF
4,000 SF
ZONING
R7A / C2-4
APN/PARCEL ID
01797-0003
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914-584-7422
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914-584-7422
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