Renovated Residential Income
For Sale
$649,000
345 Bedford Avenue F4, Brooklyn, NY 11211
Sixth-floor apartment with three exposures, city views, and updated kitchen and laundry features.
Property Size668 SF
Price / SF$971.56
Days on Market54
Property Features for 345 Bedford Avenue F4
General Information
Standard status
Active
Size
668 SF
Elevators
No
Property subtype
Apartment
Additional Details
Multifamily Units
1
Amenities
stainless steel appliances
quartz countertops
breakfast opening
in-unit washer/dryer
Building Details
Building Size
668 SF
Year Built
1907
Year Renovated
2024
Listing Agency:
POWERED BY DMT LLC
Listed By:
MIGUEL A CACERES
(718) 432-1175
Source:
Carytamura
Added: Sep 4
Changed: Oct 27
Last Checked: Oct 27 at 1:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of POWERED BY DMT LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit F4 is a sixth-floor apartment in a walk-up building at 345 Bedford Avenue. The residence was fully renovated in 2024 and includes bedrooms with dedicated closets, stainless steel appliances, quartz countertops, a breakfast opening, and an in-unit washer/dryer. East, west, and south exposures bring natural light into the apartment, with city views and glimpses of the Williamsburg Bridge.
Built in 1907, the property is positioned in Williamsburg with restaurants, cafes, shopping, nightlife, and transportation located minutes away. The apartment's combination of updated finishes, multiple exposures, and established neighborhood setting provides a practical residential income property configuration.
Built in 1907, the property is positioned in Williamsburg with restaurants, cafes, shopping, nightlife, and transportation located minutes away. The apartment's combination of updated finishes, multiple exposures, and established neighborhood setting provides a practical residential income property configuration.
Key Highlights
- Fully renovated in 2024
- East, west, and south exposures
- City views with glimpses of the Williamsburg Bridge
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,393
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,860
$407.9K
Cap Rate 7%
$291,329
$291.3K
Cap Rate 9%
$226,589
$226.6K
Market Conditions
NOI Build-Up for 668 SF
Gross rent
$37.8K $56.64/SF
− Vacancy
−$757 −$1.13/SF
EGI
$37.1K $55.51/SF
− OpEx
−$16.7K −$24.98/SF
NOI
$20.4K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,860
Cap Rate 7%
$291,329
Cap Rate 9%
$226,589
Alternative Uses
Best Use
Apartment 5plus
$291.3K
$254.9K – $339.9K
NOI $20,393 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$553.1K
$484.0K – $645.3K
NOI $38,717 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
7,482
Businesses Nearby
Explore this area
Business Placement
Demographics for 11211, NY
68,540
Population
29,068
Households
2.4
Avg Household Size
31
Median Age
55%
College-Educated
86%
High-School Grad
1.5 sq mi
ZIP Area
45,693
Density / Sq Mi
$105,183
Median Household Income
$67,533
Median Earnings
$2,357
Median Rent
$1,118,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Sixth-floor apartment with three exposures, city views, and updated kitchen and laundry features.
Where is this residential income property located?
The property is located at 345 Bedford Avenue F4 Brooklyn, NY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Fully renovated in 2024; East, west, and south exposures; City views with glimpses of the Williamsburg Bridge
