286 Howard Ave

Bedford Stuyvesant, Brooklyn | Herkimer Street & Atlantic Ave

20 Rooms13 Beds6 Baths5,664 Square FeetMixed Use

$3,595,000 $4,000,000

floors / apts2 / 5

Lot Size50'x75'

ZoneR6B

Building TypeTownhouse

RE Taxes$9,236

Price Per SF

$635

Property Description for 286 Howard Ave

4 townhouses and one mixed use building (total of 5 buildings) all on one lot ready for your next investment venture! All newly renovated and can be delivered vacant. The townhouses rent for $3,000/month, while the corner mixed use property can be rented for a total of $4000 ($2500 commercial space), ($1500 1-bedroom). Either rent this new property on a monthly basis while collecting cash flow, or reposition the property. You can separate the lots and sell these properties individually. Reach out today for a private tour. At asking price, yielding just below a 5% cap rate.

Building Details for 286 Howard Ave

OwnershipMixed Use

Building TypeTownhouse

AgePre-War

AccessWalk-up

Year Built1910

Floors/Apts2/5

Learn More About the Building

Transit and Citi Bike

Subway

Ralph Av

0.11 miles

Rockaway Av

0.38 miles

Citi Bike

Fulton St & Saratoga Ave

0.15 miles

Ralph Ave & Fulton St

0.17 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: 81135TH

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