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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.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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