1403 Bedford Ave, Brooklyn, NY 11216

3 Unit Apartment Building | $1,695,000 ($565,000/Unit) | 5.42% Cap Rate | Brooklyn, NY 11216

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,695,000

Property Type
Multifamily
Square Feet
2,549 SF

Listing Contacts

Benjamin Anaman
Benjamin Anaman
Verified Profile
  • Property Info

Property Overview

LEGAL 3-FAMILY Brick Townhouse in vibrant & historic Crown Heights.
Well-maintained 4-Story property that has excellent potential as an investment asset, or for end-user occupancy with rental income. Great condition and ready for cosmetic upgrades to give a personalized touch. Potential annual rental income: $110,000+
1st /2nd Floor: Duplex 3BR/2Bth with outdoor space
3rd Floor: 1BR/1Bth
4th Floor: 1BR/1Bth w/den (convertible to 2BR)
Full Basement with storage, bike area, washer dryer & building mechanics. New gas meters and plumbing updated in 2022. Separate meters ( electric, gas & heat) for each apartment = minimal expenses for the Owner.
Convenient location at the crossroads of Prospect Heights, Bedford Stuyvesant & Lefferts Gardens. Close to A/2/4/S Trains, plus a diverse array of restaurants, & cafes, the Botanical Garden, Brooklyn Museums & Prospect Park. Great opportunity!

Call/email Benjamin for further information.

Property Details

Class
B
Year Built
1915
Stories
4
Property Subtype
Dormitory
Lot Size (sq. ft)
871 SF
Units
3

Highlights

  • 1st & 2nd floor Duplex Unit with private yard makes great owner unit with 2 income producing apartments upstairs.
  • Convenience: Shopping, restaurants, transportation, parks & leisure. Beautiful neighborhood with lots of historic architecture.
  • Solid Brick & Concrete construction w/ excellent upkeep and mechanics. Minimal owner expenses as heat & hot water are covered by the tenants.

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