Updated 7 years ago
Sold
902-908 Bedford Ave
Bedford Stuyvesant, Brooklyn | Myrtle Ave & Willoughby Ave
65,000 Square FeetIncome Property
$18,200,000
floors / apts9 / 43
Built Size100'x52'
ZoneR6
Building TypeLow-Rise
RE Taxes$30,983
Price Per SF
$280
Outdoor space and views
- Garden
- Terrace
Building Amenities
- Video Intercom
- Keyed Elevator
- Outdoor Parking
- Renovated Lobby
- Second Entry
Property Description for 902-908 Bedford Ave
Massey Knakal Realty Services has been retained on an exclusive basis to arrange for the sale of a newly constructed multifamily building containing 43 large apartments just south of the Brooklyn neighborhood of Williamsburg and 5 blocks east of Pratt Institiute in Clinton Hill. The building is located on the popular Bedford Avenue commercial corridor, granting excellent access to public transportation and a variety of retail options. The building is approximately 65,000 square feet consisting of 4 private entrances. The units are designed as “Faculty/Dwelling Units” and benefit from their close proximity to NY’s many educational institutions. The property’s high occupancy and outstanding performance reflect both its quality and desirable location. This dynamic and will positioned area has benefitted greatly from quality tenants getting priced out of more mature neighboring areas like Fort Greene and nearby Williamsburg.
Listing History for 902-908 Bedford Ave
Now
10/10/2013
$18,200,000
Sold and Closed by Michael Amirkhanian
Cushman & Wakefield
03/29/2013
$18,750,000
Initial Price by Michael Amirkhanian
Cushman & Wakefield
Building Details for 902-908 Bedford Ave
OwnershipIncome Property
Building TypeLow-Rise
Service LevelVideo Intercom
AgePost-War
AccessKeyed Elevator
Year Built2004
Floors/Apts9/43
Transit and Citi Bike
Subway
Bedford-Nostrand Avs
0.32 miles
Myrtle-Willoughby Avs
0.38 miles
Classon Av
0.4 miles
Citi Bike
Franklin Ave & Myrtle Ave
0.11 miles
Willoughby Ave & Walworth St
0.13 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: 21413TH
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