$2,350,000
Updated 11 years ago
Off Market

239-241 Marcus Garvey Blvd

Bedford Stuyvesant, Brooklyn | Madison Street & Putnam Ave

17 Rooms11 Beds4.5 Baths3,146 Square FeetMixed Use

$2,350,000
floors / apts5 / 4
Lot Size19'8"x80'
ZoneR6A
Building TypeLow-Rise
RE Taxes$9,061
Price Per SF
$747

Listing Features

  • Original Details

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom
  • Gated Entry
  • Outdoor Parking

Property Description for 239-241 Marcus Garvey Blvd

Opportunity is knocking...are you listening? Rare opportunity to purchase a five story three family mixed use building with commercial space, and a vacant lot (building and lot can be sold separately). Take this diamond in the rough three family w/ commercial space and bring it to is full potential. The building can be used as a primary residence with income producing units or an investment property with income potential of up to $120,000 per year. For a developer, create side by side mixed use townhomes w/ commercial space or create an interesting condo development. The sky is the limit! Both lots are zoned as C2-4/R6A and have combined lot square footage of 3,146 with usable square footage of up to 9,000 square feet ( FAR of 3). Currently the building is used as daycare in the commercial space and three rental units. Each unit features hardwood flooring, high ceilings, and some detail. Bring your contractor to bring this property to its full potential. Can be sold separately! Will be delivered vacant. Property tax information represents tax amount for both properties combined. Asking price sold separately --three family w/commercial space $1,888,000--vacant lot $500,000.

Building Details for 239-241 Marcus Garvey Blvd

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts5/4
Learn More About the Building

Transit and Citi Bike

Subway

Kingston-Throop Avs
0.42 miles

Citi Bike

Monroe St & Marcus Garvey Blvd
0.07 miles
Lewis Ave & Madison St
0.14 miles

Contact Agent

Contact Agent

Korie Enyard
Corcoran

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: 56453TH