$1,850,000
Updated 11 years ago
Sold

276 Throop Ave

Bedford Stuyvesant, Brooklyn | Willoughby Ave & Vernon Ave

Rental Property

$1,850,000
floors / apts4 / 16
ZoneR6
Building TypeLow-Rise

This property was sold for $1,658,500 on 02/22/10.

Building Amenities

  • Voice Intercom
  • Laundry Room

Property Description for 276 Throop Ave

> This is a unique opportunity to purchase an impressive, corner 16-unit apartment building for less than 8 times the legal rents. > This property has been gut-renovated and has a 14-year tax abatement with an exemption from assessment increases for 20 years. > Registered rents are mostly higher than current rents. > Improvements include new lock systems, video security and new lighting.

Listing History for 276 Throop Ave

Now
04/12/2010
$1,850,000
Sold and Closed by Michael Amirkhanian
Cushman & Wakefield
2010

Building Details for 276 Throop Ave

OwnershipRental Property
Building TypeLow-Rise
Service LevelVoice Intercom
AccessWalk-up
Year Built1900
Floors/Apts4/16
Learn More About the Building

Transit and Citi Bike

Subway

Myrtle-Willoughby Avs
0.29 miles
Flushing Av
0.39 miles
Myrtle Av
0.44 miles

Citi Bike

Throop Ave & Myrtle Ave
0.09 miles
Pulaski St & Throop Ave
0.12 miles

Contact Agent

Contact Agent

Michael Amirkhanian
Cushman & Wakefield

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: 28124TH