347 Bedford Ave - Apartments FOR SALE


Brooklyn, NY 11211
$7,250,000 USD
646-373-7944
347 Bedford Ave, Brooklyn, NY for Sale
$7,250,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

347 Bedford Ave
Brooklyn, NY 11211


OVERVIEW

Corner, mixed-use investment opportunity in the heart of Williamsburg. The property boasts over 16,435 square feet. Comprising 3 retail spaces and 14 apartments. Residential unit breakdown: 4 are rent-stabilized, 2 are rent-controlled, and 8 are free market. Built on a 4,109 square-foot lot, the property stands four stories high. The building size is 47.5’x86.5’. Impressive frontage on Bedford Avenue (over 47 feet) and 4th Street (over 86 feet). Actual annual net operating income is $401,288, and a potential net operating income of $635,406.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$418 USD /SF

# OF UNITS

14

PRICE/UNIT

$517,857

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

R6/C2-3

APN/PARCEL ID

02431-0001

ASK ABOUT THIS PROPERTY

Daniel BarcelowskyEvergreen Realty & InvestmentsMore Info
646-373-7944

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Daniel BarcelowskyEvergreen Realty & InvestmentsMore Info
646-373-7944

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