1600 BEDFORD AVENUE

For Sale - Brooklyn - Crown Heights

$8,000,000

Net Operating Income: $332,827

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Key Details

Property Type
MultiFamily
Neighborhood
Crown Heights
Property Dimensions
50.0 x 82.5
Property Area
16,500 sq.ft.
Total Units:
16
Stories:
4
NOI
$332,827
Price
$8,000,000
Price Per Unit
$500,000
Cap Rate
4.2%

Listing Description

Venture Capital Properties has been retained on an exclusive basis to arrange for the sale of 1600 Bedford Avenue.
The building is located between President Street and Carroll Street in Crown Heights, Brooklyn.
This 4-story residential walkup building consists of 16 rent stabilized apartments.
The property is accessible via the S, 2, 3, 4 and 5 trains at Franklin Avenue and Botanic Garden stations.

Property Details

Block/Lot:
1280/39
Lot Dimensions
50.0 x 100.0
Lot Area
5,000 sq.ft
Zoning:
R6
FAR as Built:
3.3
Max FAR:
4.8
Kevin DarouvarVenture Capital Properties
Contact Agent View Setup

Sales & Transactions

AddressSale PriceSale DateProperty Type
1030 CARROLL STREET$18,400,00007/24/2018MultiFamily
686 PARK PLACE$2,355,00007/20/2018MultiFamily
1138 BERGEN STREET$2,240,00007/19/2018MultiFamily
186 NEW YORK AVENUE$2,270,00007/19/2018MultiFamily
88 UTICA AVENUE$999,99907/19/2018MultiFamily
1308 PACIFIC STREET$2,072,50007/09/2018MultiFamily
1969 PACIFIC STREET$810,00007/06/2018MultiFamily
1260 PROSPECT PLACE$999,66707/05/2018MultiFamily
1314 STERLING PLACE$1,100,00006/22/2018MultiFamily
826 CROWN STREET$11,450,00006/22/2018MultiFamily