$3,500,000
Updated a day ago
In contract
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266 Throop Ave
Bedford Stuyvesant, Brooklyn | Park Ave & Myrtle Ave
30 Rooms18 Beds6 Baths9,675 Square FeetMixed Use
$3,500,000
floors / apts4 / 6
Lot Size37'6"x100'
Built Size18'9"x53'
ZoneR6A
Building TypeLow-Rise
RE Taxes$25,872
Price Per SF
$362
Property Description for 266 Throop Ave
Exclusive Mixed-Use Corner Asset in Prime Bedford-Stuyvesant 266-266A Throop Avenue 202-210 Vernon Avenue Brooklyn, NY 11206
We are pleased to offer a rare opportunity to acquire a corner-lot mixed-use asset in the heart of Bedford-Stuyvesant, Brooklyn. The property consists of two three-family walk-up buildings situated above three ground-floor commercial units, all on a single tax lot.
Located at the intersection of Throop and Vernon Avenues, this high-demand location offers strong foot traffic, excellent transportation access, and proximity to the neighborhood's vibrant residential and retail growth.
Investment Highlights
We are pleased to offer a rare opportunity to acquire a corner-lot mixed-use asset in the heart of Bedford-Stuyvesant, Brooklyn. The property consists of two three-family walk-up buildings situated above three ground-floor commercial units, all on a single tax lot.
Located at the intersection of Throop and Vernon Avenues, this high-demand location offers strong foot traffic, excellent transportation access, and proximity to the neighborhood's vibrant residential and retail growth.
Investment Highlights
- Total Units: 9 (6 Residential + 3 Commercial)
- Residential Units: 6
- Vacant Units: 2
- Occupied Units: 4 (Rent-Stabilized)
- Commercial Units: 3 (All Delivered Vacant)
- Total Building Area: 9,675 SF
- Zoning: R6A / C2-4
- Maximum Allowable Floor Area: 11,250 SF
- Unused FAR: 1,575 SF (Value-add potential)
- Zoning Districts: R6A (Residential), C2-4 (Commercial Overlay)
- FAR Built: 2.58
- Max Residential/Facility FAR: 3.0
- Max Buildable SF: 11,250 SF
- Unused Development Rights: 1,575 SF
- Status: Selling As Is
- Tenancy: Subject to existing residential leases (rent-stabilized)
- Ownership Structure: One tax lot containing two three-family buildings and three commercial units
- Stable in-place income with upside through unit turnover and lease-up of commercial spaces
- Future development potential via 1,575 SF of unused FAR
- Prime Bedford-Stuyvesant location, one of Brooklyn's most dynamic neighborhoods
- Corner visibility and exposure across two street frontages
Listing History for 266 Throop Ave
Now
08/19/2025
Contract Signed by Ian Parker
Corcoran
07/14/2025
$3,500,000
Initial Price by Ian Parker
Corcoran
Building Details for 266 Throop Ave
OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts4/6
Contact Agent
Contact Agent
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: 101758TH
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