Updated 12 hours ago
Bedford Stuyvesant, Brooklyn | Willoughby Ave & De Kalb Ave
37 Rooms11 Beds8 Baths5,076 Square FeetIncome Property

$4,150,000
floors / apts4 / 8
Lot Size20'x100'
Built Size20'x42'
ZoneR7A
Building TypeTownhouse
RE Taxes$4,020
Price Per SF
$818

Listing Features

  • Original Details

Outdoor space and views

  • Backyard
  • Terrace

Building Amenities

  • Video Intercom
  • Bike Storage
  • Garden
  • Laundry Room

Property Description

Bedford-Stuyvesant all-brick Townhouse Investment Property with 8 Free Market units yielding a 5.28% CAP rate!

923 Bedford has been fully gut renovated and comprised of 8 Free-Market rentals.

Built out to 20' x 60' via rear extension on a 20' x100' lot. The building features Two Duplex Penthouse units with private roof space, Four Simplex One-Bedrooms, Duplex Private Garden Unit and Duplex Down/1.5 Bath Studio.

All units are tastefully finished with original Pre-War exposed brick detail, wide plank oak hardwood floors, Caesarstone countertops, Blomberg appliance packages, Central Heat & A/C w. NEST System, Custom Matte Black Hardware/Fixtures and vintage style subway tile. Each unit is separately metered with tenants paying for all utilities.

Centrally located among Bed-Stuy's growing number of cafes and restaurants including Black Swan, Brooklyn Kolache, Rustik Tavern, Fancy Nancy, Brooklyn Tap house, Moot Bar, The Emerson, various groceries, gyms, yoga studios and Home Depot as well!

MTA G Train at Bedford-Nostrand Ave (2 blocks away) and B38/B44/B48 buses.

Feel free to email any questions and schedule a showing today!

Listing History

Now
09/08/2022
Back on the Market by Joseph Halimi
Corcoran
08/23/2022
POM by Joseph Halimi
Corcoran

Building Details

OwnershipIncome Property
Building TypeTownhouse
Service LevelVideo Intercom
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts4/8
Learn More About the Building

Transit and Citi Bike

Subway

Bedford-Nostrand Avs
0.21 miles
Classon Av
0.35 miles
Myrtle-Willoughby Avs
0.36 miles

Citi Bike

Willoughby Ave & Walworth St
0.1 miles
DeKalb Ave & Franklin Ave
0.16 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: 54974TH