$2,995,000
Updated 9 years ago
Off Market

124 Jefferson Ave

Bedford Stuyvesant, Brooklyn | Bedford Ave & Nostrand Ave

15 Beds4,308 Square FeetRental Property

$2,995,000
floors / apts4 / 8
Lot Size19'x100'
Built Size19'x55'
ZoneR6B
Building TypeTownhouse
RE Taxes$8,956
Price Per SF
$695

Building Amenities

  • Voice Intercom

Property Description for 124 Jefferson Ave

This incredible investment opportunity proves that Bed-Stuy is still full of upside. This 8 family brownstone is comprised almost entirely of 2BR layouts. In the current condition, the property boasts a strong 5.5% cap rate. Offering a total of 4,308 sq.ft interior square feet. Bathrooms have recently been updated with white subway tile and new fixtures. Kitchens have new cabinetry, gas ranges, and dish washers.

124 Jefferson Ave is located in Bedford-Stuyvesant near the cross-section of Clinton Hill, Crown Heights, and Prospect Heights, and is surrounded with neighborhood destinations such as Bedford Hall, Corner Grind, Alice's Arbor, Outpost Café, Joloff Restaurant, and Oaxaca Tacos. The trend in this area is for considerable property value increase. The Nostrand Ave A,C station is 4 blocks away, and CitiBike stations are located 3 blocks away.

Building Details for 124 Jefferson Ave

OwnershipRental Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts4/8
Learn More About the Building

Transit and Citi Bike

Subway

Nostrand Av
0.19 miles
Franklin Av
0.23 miles
Bedford-Nostrand Avs
0.48 miles

Railroad

Nostrand AvenueLong Island Rail Road
0.38 miles

Citi Bike

Hancock St & Bedford Ave
0.09 miles
Putnam Ave & Nostrand Ave
0.17 miles

Contact Agents

Contact Agents

Stephanie O'Brien
Douglas Elliman
Jessica Peters
Douglas Elliman
Eric Volpe
Douglas Elliman

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: 50558TH