$749,500
Updated 11 years ago
Sold
359 Lewis Ave
Bedford Stuyvesant, Brooklyn | Halsey Street & Macon Street
13,440 Square FeetIncome Property
$749,500
floors / apts4 / 8
Lot Size40'x100'
Built Size40'x84'
ZoneR6B/C2
Building TypeLow-Rise
RE Taxes$8,461
Price Per SF
$56
This property was sold for $675,000 on 06/16/10.
Building Amenities
- Voice Intercom
Property Description for 359 Lewis Ave
This is an enormous, 8- unit, fully-occupied apartment building on the growing Shops of Lewis Avenue (“SoLA”) retail corridor adjacent to the Macon Public Library. The building is in good, working condition. The units are huge 3 BR+ study apartments that offer dramatic upside in rent income to the experienced operator. The location and character of the building make for an exciting rental redevelopment today, or condo conversion down the line. Owner may be able to deliver one or more units vacant prior to closing. Owner will consider financing for a qualified buyer.
Listing History for 359 Lewis Ave
Now
05/19/2010
Contract Signed by Michael Amirkhanian
Cushman & Wakefield
03/05/2010
$749,500
Initial Price by Michael Amirkhanian
Cushman & Wakefield
Building Details for 359 Lewis Ave
OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/8
Transit and Citi Bike
Subway
Utica Av
0.35 miles
Kingston-Throop Avs
0.39 miles
Citi Bike
Macon St & Lewis Ave
0.03 miles
Lewis Ave & Decatur St
0.12 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: 31407TH
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