Mixed-Use Building with
1231-1235 Bedford Avenue Brooklyn, NY 11216
1231-1235 Bedford Avenue, Brooklyn, NY, 11216
Contact for pricing
For Sale
Contact for pricing
Pending
Three contiguous buildings include 12 studio/1-bedroom units and four ground-floor retail stores, with residential units delivered vacant at closing.
Property Size9,900 SF
Days on Market103
Property Features for 1231-1235 Bedford Avenue
General Information
- Standard status
- Pending
- Size
- 9,900 SF
- Property subtype
- Mixed Use
Listing agency
Invictus Property Advisors
Listed by
Andrew Levine · License #NY 10491208655
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 8:10PM Checked: Jul 20 at 8:10PM
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Investment Insights
Based on property information with market context.
This sale features three contiguous mixed-use buildings comprising a total of twelve residential units and four ground-floor retail stores. The residential units are all studios/1-bedrooms, and they will be delivered vacant at closing. There are currently two vacant retail stores, which are expected to remain vacant, along with two occupied retail stores with leases expiring in March and August of 2020.
Each building measures 20' wide, creating a total of 60' of combined frontage across the three properties, with 9,900 gross square feet. The buildings sit at the intersection of Bedford Avenue and Fulton Street in Bedford-Stuyvesant.
The offering also presents a redevelopment pathway under a flexible C4-5D/R7D zoning framework, with the ability to pursue additional buildable square feet either as-of-right or with inclusionary housing upon redeveloping once the retail leases expire.
Each building measures 20' wide, creating a total of 60' of combined frontage across the three properties, with 9,900 gross square feet. The buildings sit at the intersection of Bedford Avenue and Fulton Street in Bedford-Stuyvesant.
The offering also presents a redevelopment pathway under a flexible C4-5D/R7D zoning framework, with the ability to pursue additional buildable square feet either as-of-right or with inclusionary housing upon redeveloping once the retail leases expire.
Key Highlights
- Three contiguous mixed‑use buildings totaling 12 residential units (all studios/1‑bedrooms) plus four ground‑floor retail stores
- Residential units will be delivered vacant at closing
- Two retail stores are currently vacant and will remain vacant
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Three contiguous buildings include 12 studio/1-bedroom units and four ground-floor retail stores, with residential units delivered vacant at closing.
Where is this apartment building located?
The property is located at 1231-1235 Bedford Avenue Brooklyn, NY.
What are key features of this property?
This property features: Three contiguous mixed‑use buildings totaling 12 residential units (all studios/1‑bedrooms) plus four ground‑floor retail stores; Residential units will be delivered vacant at closing; Two retail stores are currently vacant and will remain vacant
