118 Bedford Ave. BLDG

Brooklyn

For Sale
  • SQFT 5,500 sqft
  • Bathrooms 6
  • Bedrooms 6
  • Maint/CC $0
  • Price $9,500,000

Prime FREE Market Mixed Use building on Bedford Ave. Don't miss the opportunity to own an amazingly well maintained mixed

use building in and ideal location on Bedford & N. 10th St. This building is comprised of 6 floor thru loft apartments (all Free Market) and 1 Retail space (vacant) $20,000/mo potential retail rent

Building Highlights

*Lot Size 25' x 100' / Built 25' x 60'

*Development Rights of approximately 2,000sf (should be verified by an architect)

*New 600 amp Electric / New Plumbing / New Roof

*Ceiling Heights Ranging from 9-12ft

*Renovated Loft Apartments (potential to convert to 1 or 2 beds) with Beautiful Hardwood Floors, Exposed Brick & Decorative Fireplaces

*Clean and well maintained Fully Height Basement with Pristine Mechanicals

*6 Free Market Apartments

2L ($3,100) / 2R ($2,900) 3L ($3,150) / 3R ($2,950) 4L ($3,150) / 4R ($3,300)

*Expenses Approx. $15,700 Annually / Real Estate Taxes $12,455 Annually

*Projected NOI $434,445 (5,1 Cap)

Contact Exclusive Agent Robert Meehan @ 646-369-0189

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