Three-Story Mixed-Use Retail and
355 Bedford Avenue Brooklyn, NY 11201
355 Bedford Avenue, Brooklyn, NY, 11201
Contact for pricing
For Sale
Contact for pricing
Pending
Three-story mixed-use building with retail on the ground level and two free-market apartments above.
Property Size4,140 SF
Days on Market103
Property Features for 355 Bedford Avenue
General Information
- Standard status
- Pending
- Size
- 4,140 SF
- Property subtype
- Multifamily, Retail, Mixed Use
Listing agency
JLL - New York City, New York
(212) 376-5449
Listed by
Brendan Maddigan · License #NY 10301206472
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 2:18AM Checked: Jul 21 at 8:42AM
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 JLL - New York City, New York
Investment Insights
Based on property information with market context.
This three-story, mixed-use building totals 4,140 SF and includes two free-market apartments above a retail space currently occupied by a Pilates studio. The commercial lease is set to expire in September of 2017 and includes a two-year renewal option at an improved rate of $4,800 per month. The property is currently generating approximately $150,000 annually, noted as being well below projected potential income. There is also an opportunity to add a fourth floor using additional development rights.
The building is located roughly four blocks from the J M Z train station, providing direct access to Manhattan without transfers, with the L and G trains also nearby. The area is expected to see increased foot traffic from the planned 3.3 million SF Domino Sugar Refinery mega-development, along with other large-scale residential projects in the vicinity.
From an operational standpoint, the building’s current setup supports retail income with residential units above, with leasing and redevelopment considerations that can impact future returns as the commercial lease term approaches expiration.
The building is located roughly four blocks from the J M Z train station, providing direct access to Manhattan without transfers, with the L and G trains also nearby. The area is expected to see increased foot traffic from the planned 3.3 million SF Domino Sugar Refinery mega-development, along with other large-scale residential projects in the vicinity.
From an operational standpoint, the building’s current setup supports retail income with residential units above, with leasing and redevelopment considerations that can impact future returns as the commercial lease term approaches expiration.
Key Highlights
- 3‑story mixed‑use building at 355 Bedford Avenue, Brooklyn, with 4,140 SF total and retail on the ground level plus two free‑market apartments above
- Retail tenant is a Pilates studio; commercial lease expires September 2017 with a two‑year renewal option at an improved rate of $4,800/month
- Property earns approximately $150,000 annually, below projected potential income
Property Analytics
Location Intelligence
Current Use by Public Records
New Horizons
Barber Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Three-story mixed-use building with retail on the ground level and two free-market apartments above.
Where is this duplex located?
The property is located at 355 Bedford Avenue Brooklyn, NY.
What are key features of this property?
This property features: 3‑story mixed‑use building at 355 Bedford Avenue, Brooklyn, with 4,140 SF total and retail on the ground level plus two free‑market apartments above; Retail tenant is a Pilates studio; commercial lease expires September 2017 with a two‑year renewal option at an improved rate of $4,800/month; Property earns approximately $150,000 annually, below projected potential income
