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    226 Marcus Garvey Blvd Brooklyn, NY 11221

    New
    For Sale
    $1,690,000

    MULTI_FAMILY - Brooklyn, NY

    Lot size:
    0.04 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 7:06 am

    Property Features for 226 Marcus Garvey Blvd

    General Information

    Special listing conditions
    Real Estate Owned, In Foreclosure
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Real Estate Owned, In Foreclosure
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    4
    Parking features
    On Street
    Interior features
    Storage
    Basement
    Full
    Lot size
    0.04 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Ductless
    Water source
    Public

    Building Details

    Year built
    1899
    Number of units
    4
    Building materials
    Brownstone
    Additional Structures
    Storage

    Douglas Elliman Real Estate [email protected]

    Listing agent Gregory G. Parks

    Listing date Dec 3, 2025

    MLS# 932621 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Bedford Stuyvesant

    This mixed-use building is located in the Bedford Stuyvesant neighborhood of Brooklyn. The first floor, a few steps down from street level, is currently rented to a library and includes a full bathroom. A cellar, located below the basement unit, houses utilities. The building has six electric meters, including one for the landlord, and two water meters; one for the basement unit/store/library and another for the four apartments. Tenants are responsible for rent and electric. The units feature electric water heaters and electric HVAC with ductless split units. The store is rented for $2,250 per month. The building contains four apartments: one 1-bedroom unit rented for $1,900 per month, one vacant 1-bedroom unit, one studio rented for $1,900 per month, and one unit rented for $2,850 per month that includes a second bedroom and a private balcony. The lot size is 0.04 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Free Black Women’s ... Art Studio

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.939734
    Latitude
    40.690119

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with retail and residential units in Brooklyn.
    Where is this mixed-use property located?
    The property is located at 226 Marcus Garvey Blvd Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,690,000.
    What are key features of this property?
    This property features: - Mixed-use building with existing rental income from a commercial tenant (library) and residential units.; - Prime Bedford Stuyvesant location.; - Multiple income streams: Store rented at $2,250/month, 2F rented at $1,900/month, 3R rented at $1,900/month, 3F rented at $2,850/month with balcony.
    (516) 375-2757
    Request Owner's contact information
    226 Marcus Garvey Blvd Brooklyn, NY 11221
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    Brooklyn, NY 11221
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    226 Marcus Garvey Blvd Brooklyn, NY 11221
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