9 Marcus Garvey Blvd. Brooklyn, NY 11206 Bed Stuy, Brooklyn, NY

$2,955,000
Property type: Mixed-Use
Gross (Sq Ft)
3375
Units
7
Bedrooms
10
Bathrooms
5

Summary

  • Lot Size: 2175 Sq Ft
  • Year Built: 1931
  • Block/Lot: 1578/4
  • Lot Dimension: 25 x 87
  • Bldg Dimension: 25 x 45
  • Zoning: C4-4L
  • F.A.R: 4.00
  • Building Class: S9
  • Total Lot FAR: 8700
  • Unused FAR: 5325
  • Stories: 3
  • Residential Units: 5
  • Commercial Units: 2
  • Taxes 2018: $10,406
  • Price/Buildable: $340
  • Cap Rate: 5.43%

Description

See attachment on this page for rent roll and financial breakdown.

Located in the Bedford-Stuyvesant section of Brooklyn, the subject property is a fully occupied mixed-use building consisting of 2 retail units and 5 free market two-bedroom apartments. The building recently underwent extensive renovations and currently boasts high-end finishes and new mechanicals. The property is steps away from the Flushing Ave J,Z,M Subway Station and situated around the corner from the busy Broadway retail corridor recently strengthened with the opening of Starbucks.

Price: $2,955,000 + 3% broker fee paid by buyer

Contact the Agent

Rowen Giles

New York Licensed Real Estate Salesperson
Rowen is a New York Licensed Real Estate Salesperson in association with Gold Rock Realty, a licensed real estate broker. Hire Rowen as your real estate agent to represent you in the purchase, sale or lease of real estate, including residential and commercial property. Locations include Brooklyn, Bronx, Queens, Long Island, Staten Island, and upstate NY.