$1,325,000
Updated 11 years ago
Sold
348 Marcus Garvey Blvd
Bedford Stuyvesant, Brooklyn | Putnam Ave & Jefferson Ave
4 Baths4,000 Square FeetIncome Property
$1,325,000
floors / apts4 / 3
Lot Size20'x95'
Built Size20'x50'
ZoneR6B
Building TypeLow-Rise
RE Taxes$8,049
Price Per SF
$331
Listing Features
- Window AC Units
Outdoor space and views
- Garden
Building Amenities
- Voice Intercom
Property Description for 348 Marcus Garvey Blvd
> A 4 Story/3 units mixed use Brick property.
> Property size 20' x 50' x 95' lot.
> Currently occupied, but will be delivered vacant.
> This high income producing investment property is 4000 sq ft.
> Has great upside, each apartment can generate $2400 a month and commercial space close to $3,000-$3,200K per month.
> Neighboring restaurants, shops, the A/C Train on the Utica Stop as well as Kingston/ Throop C trains.
Building Details for 348 Marcus Garvey Blvd
OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts4/3
Transit and Citi Bike
Subway
Kingston-Throop Avs
0.37 miles
Citi Bike
Monroe St & Marcus Garvey Blvd
0.11 miles
Putnam Ave & Throop Ave
0.12 miles
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: 50553TH
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