62 Bond StBrooklyn, NY 11217

For Sale
$5,700,000

Prime Boerum Hill location, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property at 62 Bond Street, Brooklyn, NY 11217, presents a compelling value-add investment opportunity. The 6,850 square foot building sits on a 2,717 square foot lot, boasting over 100 feet of frontage along the Bond Street retail corridor. Currently 100% occupied, the property features six ground-floor commercial tenants and five residential units above. The residential units comprise three small studios in the brick building and a two-bedroom and a four-bedroom duplex in a two-story frame building. The property is zoned R6B, C6-1, DB, and is not subject to any landmark designation. Its prime location in Boerum Hill places it within easy walking distance of numerous subway lines (A, C, G, 2, 3, 4, 5, B, Q, R) and the Long Island Railroad, providing exceptional accessibility. Nearby attractions include the Ace Hotel, Fulton Mall, Barclays Center, Dekalb Market, Brooklyn Academy of Music, and Fort Greene Park. The property benefits from its proximity to Brooklyn's "Tech Triangle," encompassing Brooklyn Heights, Dumbo, and Downtown Brooklyn, and is surrounded by significant ongoing commercial and residential development. The asking price is $5,700,000, translating to $832.12 per square foot. This presents a rare chance to acquire a well-positioned, high-performing mixed-use asset in a rapidly appreciating Brooklyn neighborhood.

Highlights

  • 6,850 SF mixed-use building with six commercial and five residential units in Boerum Hill.
  • Boerum Hill offers $70-$80/SF residential and $75-$100/SF retail rents.
  • Excellent transit access: one block to Hoyt-Schermerhorn A, C, G trains; three blocks to Nevins Street 2, 3, 4, 5 trains; four blocks to Dekalb Avenue B, Q, R trains.
  • Prime location near Ace Hotel, Fulton Mall, Barclays Center, Dekalb Market, BAM, and Fort Greene Park.
  • Over 100 feet of Bond Street frontage.
  • R6B, C6-1, and DB zoning.

Property Details for 62 Bond St

Property type
Other mixed-use properties, Mixed-use properties
Square Feet
6,850 SF
Buildings
1
Units
11

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6879228
Longitude
-73.9843169
62 Bond St, Brooklyn, New York
Leaflet | © OpenStreetMap contributors

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62 Bond St
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