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1147 Bedford Ave Brooklyn, NY 11216-1614
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Property profile & analytics

1147 Bedford Ave Brooklyn, NY 11216-1614


  • Retail residential properties
  • 6,566 SF
  • 0.05 lot acres
Off-Market
Last Sale Apr 16, 2025
Property ID
US63-3169411
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
$2,240,000
Show details
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail residential properties

Property Details for 1147 Bedford Ave

Year built
1910
Lot size
0.05 lot acres
Property size
6,566 SF
Zone code
R6A
Property type
Retail residential properties
APN
01822-0010
APU
18220010

Description

This exceptional 1,962-square-foot retail space is ideally situated at 1147 Bedford Avenue in the vibrant Bedford-Stuyvesant neighborhood of Brooklyn, New York. The property boasts a desirable corner location at the intersection of Bedford and Madison Avenues, ensuring high visibility and accessibility for potential businesses. The space is currently vacant and ready for immediate occupancy. The ground floor encompasses over 1,100 square feet of open, contemporary space, perfect for showcasing merchandise or creating a welcoming atmosphere. An additional 800 square feet is available in the lower level, offering versatile options for storage, office space, or expansion. The zoning designation is R6A/C2-4, allowing for a variety of commercial uses. This property presents a unique opportunity for businesses seeking a well-designed, high-traffic location in a thriving Brooklyn neighborhood. The spacious layout and modern design create a blank canvas for any business to establish a strong presence. Located in Kings County, New York, with a zip code of 11216, this property offers unparalleled access to a diverse and dynamic customer base. The property's strategic location and ample square footage make it an exceptional investment opportunity for discerning entrepreneurs. This is a chance to secure a prime retail space in a rapidly growing area of Brooklyn.


Value Estimations

based on Realmo’s proprietary methodology
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $2,915,000
    Current use
    INDUSTRIAL (GENERAL)
    $3,725,000
    Change: +28% Conversion: Moderate
    OFFICE BUILDING
    $3,615,000
    Change: +24% Conversion: Easy
    WAREHOUSE, STORAGE
    $3,290,000
    Change: +13% Conversion: Difficult
    APARTMENT HOUSE (5+ UNITS)
    $2,385,000
    Change: -18% Conversion: Moderate

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Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9538
Latitude
40.6842
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$21,316
$54,000
$521,550
$575,550
-
$120,000
$1,159,000
$1,279,000
More about this property
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