$2,495,000
Updated 2 years ago
Off Market
824 De Kalb Ave
Bedford Stuyvesant, Brooklyn | Tompkins Ave & Throop Ave
13 Beds8 BathsMulti-Family
$2,495,000
floors / apts4 / 4
Lot Size16'67"x100'
Built Size16'x40'
ZoneR6A
Building TypeLow-Rise
RE Taxes$1,100
Outdoor space and views
- Backyard
Building Amenities
- Video Intercom
- Garden
- Roof Deck
Property Description for 824 De Kalb Ave
Brooklyn’s Best Investment!
Turnkey 4-Family in Bedford-Stuyvesant – 5.8% Cap Rate
Don’t miss this unique opportunity to own a turnkey, income-generating 4-family property with a strong 5.8% cap rate in Bedford-Stuyvesant. This fully leased building offers immediate returns and growth potential, featuring a spacious 4-bedroom, 2-bath duplex and three generously sized 3-bedroom, 2-bath units.
Each unit is thoughtfully designed with large bedrooms featuring great windows and ample closet space. The modern kitchens are equipped with stainless steel appliances, including a gas stove and dishwasher, while hardwood floors, high ceilings, and a video intercom system.
The duplex unit includes access to a private backyard garden, A shared rooftop enhances the property's overall desirability, along with the convenience of a virtual doorman.
With 13 bedrooms and 8 bathrooms across 3,825 sq. ft., the property is fully rented with leases extending through 2025. One unit has an in-unit washer and dryer, and additional units can easily be upgraded to include this amenity, increasing rental value.
This prime property offers competitive rents with room for growth, making it a compelling investment opportunity.
For a full setup and additional information please reach out today.
Turnkey 4-Family in Bedford-Stuyvesant – 5.8% Cap Rate
Don’t miss this unique opportunity to own a turnkey, income-generating 4-family property with a strong 5.8% cap rate in Bedford-Stuyvesant. This fully leased building offers immediate returns and growth potential, featuring a spacious 4-bedroom, 2-bath duplex and three generously sized 3-bedroom, 2-bath units.
Each unit is thoughtfully designed with large bedrooms featuring great windows and ample closet space. The modern kitchens are equipped with stainless steel appliances, including a gas stove and dishwasher, while hardwood floors, high ceilings, and a video intercom system.
The duplex unit includes access to a private backyard garden, A shared rooftop enhances the property's overall desirability, along with the convenience of a virtual doorman.
With 13 bedrooms and 8 bathrooms across 3,825 sq. ft., the property is fully rented with leases extending through 2025. One unit has an in-unit washer and dryer, and additional units can easily be upgraded to include this amenity, increasing rental value.
This prime property offers competitive rents with room for growth, making it a compelling investment opportunity.
For a full setup and additional information please reach out today.
Listing History for 824 De Kalb Ave
Now
09/19/2024
$2,495,000
Initial Price by Matthew Mindell
Oxford Property Group
2024
Building Details for 824 De Kalb Ave
OwnershipMulti-Family
Building TypeLow-Rise
Service LevelVideo Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts4/4
Transit and Citi Bike
Subway
Myrtle-Willoughby Avs
0.34 miles
Citi Bike
Pulaski St & Throop Ave
0.07 miles
Kosciuszko St & Tompkins Ave
0.12 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: 72563TH
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