1118 Bedford Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11216
$1,750,000 USD
917-923-0120
1118 Bedford Ave, Brooklyn, NY for Sale
$1,750,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | Request Cap Rate

1118 Bedford Ave
Brooklyn, NY 11216


HIGHLIGHTS

  • High Traffic area
  • Numerous restaurants, coffee shops, bars and residential buildings surrounding
  • Fully built out commercial space on ground floor (66 SF +/-) and fully built out/finished cellar
  • High incoming generating residential rentals, Two 2 bed / 2 bath units (1 unit with back deck)
  • Residential units independently metered with their own furnaces and hot water tanks

OVERVIEW

Prime Portfolio Property or Owner-User Opportunity. 1118 Bedford Ave is a large 21-foot-wide mixed-use building on coveted Bedford Ave surrounded by restaurants, coffee shops, bakeries, bars, grocery stores, the YMCA, etc. The building has a fully built-out ground floor commercial space & cellar (66 ft +/- deep) and two 2 bed / 2 bath residential units (1 with a private back deck). The commercial unit is roughly 1,400 SF +/- on the ground floor and has another 1,000 + SF in the fully finished cellar. The residential units are roughly 920 SF +/- per unit. The commercial space is heated/cooled by HVAC on the ground floor, and there is a split unit in the cellar. Residential units are independently metered and have their own furnaces and hot water tanks. The building has 4 electric meters, 3 gas meters, and 1 water meter.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$533 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,420 SF

ZONING

R6A/C2-4

APN/PARCEL ID

01974-0026

ASK ABOUT THIS PROPERTY

Joseph DimaCorcoran GroupMore Info
917-923-0120

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Joseph DimaCorcoran GroupMore Info
917-923-0120

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.