760 DEKALB AVENUE

For Sale - Brooklyn - Bedford-Stuyvesant / Bed Stuy

$16,500,000

Net Operating Income: Contact Agent

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Key Details

Property Type
Commercial
Neighborhood
Bedford-Stuyvesant / Bed Stuy
Property Dimensions
30.0 x 60.0
Property Area
50,400 sq.ft.
Total Units:
N/A
Stories:
4
NOI
Contact Agent
Price
$16,500,000
Price Per Unit
$16,500,000
Cap Rate
-%

Listing Description

• 42,500 SF Commercial Building with 220’ of wrap-around frontage on the corner of Tompkins Avenue and Dekalb Avenue, in the neighborhood of Bedford-Stuyvesant, Brooklyn.

• The building is 150’ x 62’ across 5 stories, offering light and air on 3 sides. A portion of the first floor has double-height ceilings, perfect for an auditorium, small gym, or common area.

• The building can be sub-divided, as there is a private entrance on the corner, which would allow for a roughly 9,000 SF office that can operate separately from the larger commercial space.

• The entire building was previously used as a school, with the potential of 20 classrooms, 20 offices, a double height auditorium, and a larger cafeteria. Preliminary plans and survey can be provided upon request.

• The building was occupied as early as this year, but will be delivered vacant, allowing for immediate occupancy, or to allow for a renovation and/or reconfiguration of the existing structure.

• Alternative uses include medical facility, non-profit administration, commercial offices, co-working, and student dormitory. The building falls in a residential zoning but the existing buildings non-conforming use is commercial.

Property Details

Block/Lot:
1780/33
Lot Dimensions
175.0 x 225.0
Lot Area
39,375 sq.ft
Zoning:
R6A
FAR as Built:
1.28
Max FAR:
3.0
D.J. JohnstonB6 Real Estate Advisors
Contact Agent View Setup