$3,100,000
Updated 7 years ago
Sold

704 Decatur Street

Ocean Hill, Brooklyn | Thomas S Boyland Street & Saratoga Ave

24 Rooms18 Beds12 Baths10,500 Square FeetIncome Property

$3,100,000
floors / apts4 / 6
Lot Size25'x100'
ZoneR6
Building TypeLow-Rise
RE Taxes$6,654
Price Per SF
$295

Listing Features

  • Original Details

Building Amenities

  • Voice Intercom
  • Garage
  • Roof Deck

Property Description for 704 Decatur Street

The Forray Team @ The Corcoran Group is proud to exclusively represent 704 Decatur Street located. A Corner Masonry Building in the bustling neighborhood of Bedford-Stuyvesant, Brooklyn. This mixed-use multifamily building is an ideal property for investors with a projected market CAP Rate of +/- 7%. DELIVERED FULLY VACANT! This MUST SEE Corner property is in full working condition. The building is x4 stories tall with direct roof access and offers a full height basement. Sitting on a 25' x 100' lot the above grade building size is approximately 8,500 SF with a total size of 10,500 Gross SF. The ground floor has soaring 13.8 ceilings and consists of three (3) commercial spaces plus 2 car garage. The 2nd 4th Floor boasts ~99 ceiling height, 2 equal units per floor with multiple exposures in each apartment, great original details such as wood flooring, decorative moldings, fireplaces & potential for private roof terraces. The triple exposure allows for abundant natural sunlight in every unit. Located in the heart of Bedford-Stuyvesant surrounded by restaurants, bars, shopping and easy transit. The J/Z/C trains is minutes away at the Chauncey St/Halsey St and Rockaway Ave stations and the Q24, Q20, B7 and B26 are right outside. Call/email for a sales memo and schedule an appointment to view.

Listing History for 704 Decatur Street

Now
03/07/2019
Sold and Closed by Chris Cavorti
Corcoran
2019

Building Details for 704 Decatur Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1905
Floors/Apts4/6
Learn More About the Building

Transit and Citi Bike

Subway

Halsey St
0.22 miles
Chauncey St
0.23 miles
Rockaway Av
0.38 miles
Ralph Av
0.45 miles
Bushwick Av-Aberdeen St
0.5 miles

Citi Bike

Thomas S. Boyland St & Macon St
0.1 miles
Decatur St & Saratoga Ave
0.13 miles

Contact Agents

Contact Agents

Evan Church
Corcoran
Donald Lai
Corcoran
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: 73861TH