$3,300,000
Updated 7 years ago
Sold

554 De Kalb Ave

Clinton Hill, Brooklyn | Bedford Ave & Spencer Court

8,640 Square FeetIncome Property

$3,300,000
floors / apts4 / 6
Lot Size24'x100'
Built Size24'x90'
ZoneR7A
Building TypeLow-Rise
RE Taxes$6,440
Price Per SF
$382

Building Amenities

  • Voice Intercom

Property Description for 554 De Kalb Ave

B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of 554 DeKalb Avenue, a mixed-use building in the Bedford-Stuyvesant neighborhood of Brooklyn. With 124’ of corner frontage and internal air shafts, this property offers large unit layouts and with plenty of light and air, allowing 3-4 BR units. The building comprises of approximately 8,640 Gross SF, and includes 6 residential apartments and 2 ground floor retail units. Unit 1 and 3 will be delivered vacant, as well as the rear retail, offering immediate upside potential via renovation. The building has been very well maintained, with recent updates to the roof, electrical, and boiler. The property is situated on the border of Clinton Hill, with access to great retail as well as other amenities, including Pratt Institute. The G train is located nearby at Bedford-Nostrand Avenue station on Lafayette Avenue. For more information, or if you would like B6 Real Estate Advisors to prepare a complimentary opinion of value for your property, please contact The Johnston Team at 646-933-2619 or [email protected].

Listing History for 554 De Kalb Ave

Now
10/29/2019
$3,300,000
Sold and Closed by DJ Johnston
B6 Real Estate Advisors
06/10/2019
Contract Signed by DJ Johnston
B6 Real Estate Advisors

Building Details for 554 De Kalb Ave

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts4/6
Learn More About the Building

Transit and Citi Bike

Subway

Bedford-Nostrand Avs
0.1 miles
Classon Av
0.34 miles
Myrtle-Willoughby Avs
0.37 miles

Citi Bike

Kosciuszko St & Nostrand Ave
0.15 miles
Willoughby Ave & Walworth St
0.17 miles

Contact Agents

Contact Agents

DJ Johnston
B6 Real Estate Advisors
Bryan Kirk
B6 Real Estate Advisors
William Cheng
B6 Real Estate Advisors

Clinton Hill | Brooklyn

Quick Profile

Tucked behind the Brooklyn Navy Yard in central Brooklyn is the quiet residential neighborhood of Clinton Hill. Once a strictly working-class neighborhood, Clinton Hill has become known for its elegant brownstones and stately mansions that were built as Manhattanites crossed the East River in the 1920s in search of the supposed health benefits that came from living “on the hill,” which has an elevation of 95 feet. Now you will also find newer luxury apartment and condo buildings interspersed throughout the neighborhood.

The Pratt Institute and St. Joseph College give the area a certain energy that comes from having a college in your town, while it’s leafy streets, some with their original cobblestones, and slower pace attract young families. Millennials and professionals are flocking to Clinton Hill in search of a reasonably priced neighborhood that offers both nightlife and an easy commute to Manhattan. Clinton Hill is a beautiful neighborhood with a suburban feel and firm roots in its past that also offers plenty of urban amenities.

New businesses are showing up in Clinton Hill on a regular basis, adding to the current proliferation of coffee shops, restaurants, and bars. As the population changes, new entertainment and nightlife venues are migrating to the area to meet the demand. Barclays Center is within easy walking distance, offering exciting sporting events and concerts.

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: 74676TH