Updated 4 years ago
Off Market
713 Decatur Street
Bedford Stuyvesant, Brooklyn | Thomas S Boyland Street & Saratoga Ave
14 Rooms7 Beds5 Baths3,591 Square FeetMixed Use
$2,200,000
floors / apts3 / 2
Lot Size19'x80'
ZoneR6
Building TypeLow-Rise
RE Taxes$2,172
Price Per SF
$613
Property Description for 713 Decatur Street
Amongst a treelined block filled with elegant brownstone, originated this grand 1925 built beauty which is located in the ever so trendy Ocean Hill neighborhood of Bed Stuy. This bold brick 3-story mixed use corner property consists of 4 total units including two retail spaces featuring, one deli and the other a local pharmacy, both with sound leases. It also features two spacious residential units above. The two residential units consist of a 2nd floor, three bedroom, one bathroom with living space. The 3rd floor unit consists of four bedrooms and two bathrooms. Both units are generously spaced. The building runs on oil heat. This Bed Stuy gem has immense potential for long-term investment opportunity and has extraordinary low property taxes. You are minutes away from Chauncy Street Station with the J and Z lines and near all new developments on Broadway. This property is zoned for R-6 with an FAR of 2.36
Super Low Taxes $2,363.26
Building Area: 3,591 sq ft
Max. Allowable Residential FAR: 2.43
Max. Allowable Commercial FAR: 0
Max. Allowable Facility FAR: 4.8
Listing History for 713 Decatur Street
Now
10/01/2021
$2,200,000
Initial Price by Haritini Pandis
Compass
Launch
Building Details for 713 Decatur Street
OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1925
Floors/Apts3/2
Transit and Citi Bike
Subway
Halsey St
0.2 miles
Chauncey St
0.23 miles
Rockaway Av
0.4 miles
Ralph Av
0.46 miles
Citi Bike
Thomas S. Boyland St & Macon St
0.08 miles
Decatur St & Saratoga Ave
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: 82329TH
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