$2,699,000
Updated 7 years ago
Off Market

108 Bainbridge Street

Bedford Stuyvesant, Brooklyn | Lewis Ave & Stuyvesant Ave

12 Rooms4 Beds4 Baths3,512 Square FeetMulti-Family

$2,699,000
floors / apts3 / 4
Lot Size20'x100'
Built Size20'x40'
ZoneR6B
Building TypeTownhouse
RE Taxes$7,428
Price Per SF
$769

Listing Features

  • Original Details

Outdoor space and views

  • Terrace
  • Garden Views

Property Description for 108 Bainbridge Street

This meticulously renovated and restored, turn-key legal 4-family brownstone is located in the heart of prime Bedford Stuyvesant on a one of the most beautiful and coveted tree-lined blocks in the neighborhood. With many original details preserved throughout, this 4 story 20 ft X 45 ft limestone stunner has an impressive 3512 square feet. All four units have gorgeous kitchens renovated with quartz countertops, stainless steel appliances including dishwashers, custom cabinetry and in unit washer/dryers. The hardwood flooring throughout has been completely restored and the layouts are spacious and well-appointed maximizing rental income. The parlor floor unit is particularly impressive and is currently undergoing a complete renovation. All units are fair market rentals and 3 of the 4 units have private outdoor space. With a rent roll of ~$144,900 annually and low expenses, 108 Bainbridge Street offers a 4.74% cap with plenty of room for upside. Move into one unit as an end user or keep the entire building as an investment property. Each unit is separately metered for gas and electric with tenants paying their own utilities. Building can be delivered with excellent tenants in place or vacant. 108 Bainbridge is nestled in the historic Stuyvesant Heights section of Bedford-Stuyvesant just a block to the A/C Utica express train and walking distance to the neighborhood's best bars and restaurants including Saraghina, La Antagoniste, Peaches, Milk and Pull and Georges Andre cafe to name just a few! Please reach out for a complete set up.

Listing History for 108 Bainbridge Street

Now
10/24/2019
TOM by Esther Patten
Compass
07/09/2019
$2,699,000
Initial Price by Esther Patten
Compass

Building Details for 108 Bainbridge Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts3/4
Learn More About the Building

Transit and Citi Bike

Subway

Utica Av
0.14 miles
Kingston-Throop Avs
0.41 miles

Citi Bike

Chauncey St & Stuyvesant Ave
0.08 miles
Lewis Ave & Fulton St
0.1 miles

Contact Agents

Contact Agents

Libby Ryan
Compass
Maria Ryan
Compass

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: 76720TH