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347 Bedford Avenue, Brooklyn, NY 11211

6 Photos
 
$7,250,000
Active for Sale
 
Listing ID 11274487
Property Type Multi-Unit (5+)
County Kings
Township Kings
Neighborhood Williamsburg
FEMA Flood Map fema.gov/portal
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CORNER MIXED-USE BUILDING-PRIME WILLIAMSBURG

AVAILABLE AS PART OF A TWO-BUILDING PACKAGE DEAL (WITH 802 DRIGGS AVENUE) OR INDIVIDUALLY 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 $368,435.48, and a potential net operating income of $506,483.36
Listed By
EVERGREEN REALTY & INVESTMENTS
Office: 646-838-1378
Listing data is deemed reliable but is NOT guaranteed accurate.
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