$895,000
Updated 6 years ago
Off Market

123 Schenectady Ave

Crown Heights, Brooklyn | Saint Marks Ave & Bergen Street

3,240 Square FeetMixed Use

$895,000
floors / apts3 / 3
Lot Size25'x100'
Built Size24'x45'
ZoneR6
Building TypeLow-Rise
RE Taxes$3,934
Price Per SF
$276

Building Amenities

  • Voice Intercom

Property Description for 123 Schenectady Ave

B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of 123 Schenectady Avenue in the Crown Heights neighborhood of Brooklyn. The subject property is a 24’ x 45’ mixed-use building situated on a 25’ x 100’ lot located on the east side of Schenectady Avenue between Bergen Street and St. Marks Avenue. Building comprises of 3,240 SF and includes two 3-bedroom units on the second and third floors over ground floor retail and a one 1-bedroom unit at the rear. Multiple transportation options are available within four blocks to the A, C trains at Utica Avenue / Fulton Street station and 3, 4 trains at Utica Avenue / Eastern Parkway station. The property presents a fantastic opportunity for a investor or developer to invest in one of Brooklyn’s most sought after areas, and to meet already existing neighborhood demand for luxury apartments.

Listing History for 123 Schenectady Ave

Now
04/20/2020
POM by DJ Johnston
B6 Real Estate Advisors
2020

Building Details for 123 Schenectady Ave

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Utica Av
0.33 miles
Crown Hts-Utica Av
0.41 miles

Citi Bike

Schenectady Ave & Prospect Pl
0.1 miles
Schenectady Ave & Pacific St
0.14 miles

Contact Agents

Contact Agents

DJ Johnston
B6 Real Estate Advisors
Michael Murphy
B6 Real Estate Advisors
Ben Rechler
B6 Real Estate Advisors

Crown Heights | Brooklyn

Quick Profile

Originally known as Crown Hill by the Lenape Indians that lived there, Crown Heights has evolved into a diverse neighborhood, occupied primarily by Hasidic Jews and one of the largest Caribbean populations to be found anywhere outside of the West Indies. 

Head over to Nostrand Avenue, one of the main West Indian commercial areas in the neighborhood, which is lined with stores that have been in those exact same places for generations, providing their goods and services to area residents. Kingston Avenue has similar commercial activities that support the Jewish community, and Franklin Avenue shows the most signs of change and gentrification, with an ever-expanding mix of yoga studios, coffee shops, and organic grocery stores that serve the influx of young professionals. No matter which of these areas you visit, you will find an interesting mix of businesses that you wouldn’t normally picture as existing side-by-side. It is all part of the cultural diversity of Crown Heights.

The neighborhood is bisected, from east to west, by Eastern Parkway, which is a beautiful, 3-mile-long boulevard lined with mature trees. This leafy oasis was designed by Frederick Law Olmsted, famed designer of Central Park, the Biltmore Estate in North Carolina, and the U. S. Capitol in Washington, D. C.

You will find a mix of low-rise apartment buildings, large middle-class elevator buildings, brownstones, and some luxury buildings. Century-old architecture stands next to modern residential developments in a visually interesting mix of styles, much as the diversity of the residents exists. People who would not normally meet and mix are forging new pathways to cultural understanding by working, living, and playing together in the same neighborhood.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 74658TH