44-46 Decatur St - Apartments FOR SALE


Brooklyn, NY 11216
$4,300,000 USD
212-925-3280
44-46 Decatur St, Brooklyn, NY for Sale
$4,300,000 USD
Apartments - FOR SALE
1/50
null | 5.12% Cap Rate

44-46 Decatur St
Brooklyn, NY 11216


HIGHLIGHTS

  • Newly renovated properties blending pre-war charm with contemporary design, featuring high ceilings, hardwood floors, and a private rooftop deck.
  • Includes 5 units with strong rental income potential, a duplex, two-bedroom apartments, a one-bedroom unit, and a commercial space.
  • Features a private two-car garage and floor-to-ceiling windows for abundant natural light.
  • Just steps from major public transportation, offering easy connectivity to the rest of Brooklyn and Manhattan.

OVERVIEW

A unique investment opportunity awaits with the sale of 44 and 46 Decatur Street, a rare assemblage of two adjacent properties offered directly by the owner in one of Brooklyn’s most desirable neighborhoods. Together, this assemblage comprises a 4-family residential building with one commercial space and private two-car garage, making it a versatile and lucrative investment. Newly renovated, these properties seamlessly blend historic charm with modern updates. The combined properties feature 5 total units: 1 duplex, 2 two-bedroom apartments, 1 one-bedroom apartment, and 1 commercial space. 44 Decatur Street showcases pre-war charm with its inviting stoop, elegant bay windows, high ceilings, and hardwood floors throughout. It offers flexible layouts and significant potential for rental income or owner-occupied use. Meanwhile, 46 Decatur Street complements its neighbor with a sleek, modern design. Among its highlights is a unique duplex unit, featuring a stunning open staircase that creates a dynamic and contemporary feel. Its open interiors, floor-to-ceiling windows, and natural light-filled spaces make it ideal for retail, creative studios, or office use. A standout feature is the private rooftop deck, offering panoramic views of the surrounding neighborhood. The two-car garage further sets this property apart, providing a rare and valuable amenity for tenants or business use. With a combined annual Net Operating Income of $220,000 and a 5.1% CAP rate, this assemblage delivers strong, immediate returns and future growth potential. Situated on a quiet, tree-lined street, just steps from dining, retail, transportation, and cultural attractions, these properties offer both urban convenience and residential appeal.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$653 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,075,000

CAP RATE

5.12%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bed-Stuy 4-Family Investment w/ Garage, Store

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1899

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,008 SF

ZONING

R6A

APN/PARCEL ID

01857-0052

ASK ABOUT THIS PROPERTY

John PasqualePEP Real EstateMore Info
212-925-3280

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John PasqualePEP Real EstateMore Info
212-925-3280

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