Project Description

Bedford-Stuyvesant | Bedford-Stuyvesant

Asset Type: Multifamily

Exclusive Listing

Price:  $3,250,000

No. of Units:  6

Building Dimensions: 25 ft x 65 ft

Square Feet (Approx.): 6,500 Sq. Ft.

Investment Highlights

Bestreich Realty Group (BRG) has been exclusively retained to sell this renovated 6 unit located in Bedford-Stuyvsant. The property is built 25 ft x 65 ft, offering approximately 6,500 square feet (duplex space included in calculation). It sits on a 25 ft x 100 ft lot and is zoned R6B. The property features 2 three-bedroom, 2 bath units, 3 four-bedroom, 2 bath units, and 1 four-bedroom, 2.5 bath unit. The property has been recently gut renovated and features laundry in the building as well as a virtual doorman. Tenants are responsible for their own heat and hot water expenses. Each unit features a modern layout with exposed brick walls, two bathrooms, high ceilings, a fully equipped kitchen with stainless steel appliances, a brand new A/C system, and an abundance of natural light.

The property is located within walking distance to the J and Z subway lines, offering quick and easy access to Manhattan. It is two blocks from an array of strong retail along Broadway and benefits from its proximity to a variety of restaurants, stores, and neighborhood amenities. Bed-Stuy has become a highly sought after real estate market for both retail and residential focused  investors. As strong demand for residential units drive rents higher, this property offers an investor the opportunity to acquire a renovated building with strong in-place cash flow.

Call: (718) 360-8801

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Exclusive Listing Agents

Derek Bestreich
Derek BestreichPresident
Steve Reynolds
Steve ReynoldsVP of Sales
TomReynolds
TomReynoldsSenior Associate
Brian Davila
Brian DavilaAssociate