Updated 9 days ago
In contract
Bedford Stuyvesant, Brooklyn | Madison Place & Monroe Place
11 Rooms3 Beds4 Baths2,892 Square FeetMulti-Family

$1,550,000
floors / apts3 / 3
Lot Size80'x80'
Built Size16'x46'
ZoneR6A
Building TypeTownhouse
RE Taxes$2,576
Price Per SF
$536

Listing Features

  • Oil Heat

Building Amenities

  • Voice Intercom

Property Description

Prime location Bed Stuy Mixed Use Investment Property AS IS ready to be SOLD. This property is the ideal investment for the savvy owner/investor looking to capitalize on the booming Tompkins Ave corridor. Currently configured as a 1,280 sq ft commercial space with two residential units, a One bedroom and a Two bedroom apartment. The area is slated R6A zoning, lot size 16 x 80, FAR is 3. Property still has add value play with unused build-able of 1,632 - (Verify with your architect).The C train to NYC in minutes. In addition to the B25, B26, B43 & B52 buses. Easy access to all your neighborhood favorites including Peaches, Brooklyn Beso, Saraghina, Bed-vine Brew and Pratt Institute. The Bedford-Stuyvesant YMCA and Herbert Von King Park are just a few blocks away.


ACCEPTING ALL OFFERS

Listing History

Now
08/25/2022
Contract Signed by Ian Parker
Corcoran
07/31/2022
$1,550,000 [-$300,000] [16.2%]
Price Drop by Ian Parker
Corcoran

Building Details

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Kingston-Throop Avs
0.44 miles
Nostrand Av
0.47 miles

Citi Bike

Monroe St & Tompkins Ave
0.04 miles
Putnam Ave & Throop Ave
0.18 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. 

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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: 22402TH