$2,200,000
Updated 5 years ago
Off Market

907 Jefferson Ave

Bedford Stuyvesant, Brooklyn | Ralph Ave & Howard Ave

20 Rooms11 Beds6 Baths3,220 Square FeetMulti-Family

$2,200,000
floors / apts3 / 3
Lot Size19'x100'
Built Size19'x55'
ZoneR6B
Building TypeTownhouse
RE Taxes$3,702
Price Per SF
$683

Outdoor space and views

  • Backyard

Property Description for 907 Jefferson Ave

Incredible Investment Opportunity with Outstanding Upside Potential. 5.55% Cap Rate Currently In Place! Rare opportunity to purchase a completely gut renovated income producing 3-Family Brownstone in the heart of Stuyvesant Heights. The renovation of this incredible property included carefully exposing the original brick throughout and thoughtfully laying out the units to make them perfect for shares. Each of these floor-through apartments are separately metered and feature brand new Red Oak floors, Mitsubishi Electric High Efficiency Split System AC Units in every room, Takagi Tankless Instant Hot Water Heaters, spacious sun-flooded bedrooms with built-in closets and laundry in each unit. These floor-thorough units are set up as: Unit 1: 3.5 Bed / 2 Bath Duplex with Private Yard Units 2 & 3: 4 Bed / 2 Bath Incredible investment opportunity with tenants already in place for a 5.5% Cap Rate. Set up available upon request.

Listing History for 907 Jefferson Ave

Now
12/20/2018
POM by Paula Manna
Compass
09/17/2018
$2,200,000
Initial Price by Paula Manna
Compass

Building Details for 907 Jefferson Ave

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Gates Av
0.2 miles
Halsey St
0.3 miles

Citi Bike

Putnam Ave & Ralph Ave
0.06 miles
Halsey St & Ralph Ave
0.13 miles

Contact Agent

Contact Agent

Bedford Stuyvesant | Brooklyn

Quick Profile

Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood. 

Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue. 

At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces. 

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: 74057TH