1770 Bedford Ave

Calling all savvy investors! Presenting an exceptional opportunity to own a remarkable multi-family, mid-rise property located at the heart of the vibrant Prospect-Lefferts Gardens neighborhood. Situated at 1770 Bedford Avenue (109 Sterling Street), Brooklyn, NY 11225, this property is a real gem for those looking to make a strategic investment. This building features a total of 19 rent-stabilized residential units, offering a mix of two-bedroom and three-bedroom layouts that provide annual income stability. With 10 vacant units, there's a significant opportunity for an experienced investor to take over and unlock the potential for renovation and increased returns. Inside, you'll find hardwood parquet flooring throughout the residential apartments, adding to the classic charm and appeal of the space. Recent upgrades include a newly renovated roof with silver roof coating, ensuring durability and peace of mind for years to come. The hallways and common areas feature beautiful and intricate tile work, complemented by stunning plaster details, trims, moulding, and crown moulding, showcasing the building's rich history and architectural beauty. The property boasts a total square footage of 19,140, with building dimensions of 55’ x 87’ and standing four stories tall. Built in 1911, it is situated on a lot measuring 55’ x 100’, classified as a C1 property within a R5 zoning district. Nestled in Prospect-Lefferts Gardens, a charming residential neighborhood known for its cultural diversity and historic beauty, this property is perfectly positioned. The area boasts proximity to the sprawling Prospect Park, a 526-acre urban oasis, along with attractions such as the Brooklyn Museum, Grand Army Plaza, and the Brooklyn Botanic Garden. This location offers an urban lifestyle with easy access to green spaces and cultural landmarks. Don't miss out on this extraordinary opportunity to invest in a historically rich and strategically located property. Unlock its full potential and make it a standout addition to your investment portfolio. Contact us today to learn more and schedule a viewing. Your future investment awaits in one of Brooklyn's most sought-after neighborhoods!