Updated 4 years ago
Off Market
1095 Bedford Ave
Bedford Stuyvesant, Brooklyn | Quincy Street & Gates Ave
21 Rooms8 Beds8.5 Baths6,700 Square FeetIncome Property
$2,700,000
floors / apts4 / 8
Lot Size20'x85'
ZoneR6A
Building TypeLow-Rise
RE Taxes$956
Price Per SF
$403
Building Amenities
- Voice Intercom
Property Description for 1095 Bedford Ave
We are proud to present, an eight unit multifamily walk-up apartment building located in the Bedford-Stuyvesant neighborhood of Brooklyn. The building stands four stories tall and encompasses approximately 6,700 gross square feet with 20' of frontage and 84'deep on an 85' lot. The building has a very favorable tax profile in that it benefits from a 25 year, 421a tax abatement program, a favorable tax class - 2B, and it's situated in a Qualified Opportunity Zone. Annual property taxes for 22/23 is only $956 for the year. The 421a tax abatement has an expiration date of 2036.The residential unit mix consists of eight apartments, with six (6) one bedroom units, one (1) studio, and one (1)two-bedroom unit. The units are spacious with an average size of approximately 800 sqf. The area is well served by public transportation with the A, C and G trains all located within ten blocks of the subject property. Local shopping and restaurants are nearby on Bedford Ave and Fulton St.
Building Details for 1095 Bedford Ave
OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built2006
Floors/Apts4/8
Transit and Citi Bike
Subway
Bedford-Nostrand Avs
0.23 miles
Classon Av
0.36 miles
Franklin Av
0.37 miles
Nostrand Av
0.45 miles
Citi Bike
Monroe St & Bedford Ave
0.08 miles
Franklin Ave & Quincy 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: 86912TH
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