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1063-1065 Bedford Ave
Brooklyn, NY 11216
Multifamily Property For Sale · 16 Units

INVESTMENT HIGHLIGHTS

  • RENOVATED & TURNKEY: 14 of 16 units have been fully renovated and meticulously maintained
  • FM PORTION FULLY OCCUPIED: Free Market 2BR/1BTH apartments are fully occupied, with rents averaging $60/SF or $3,200/mo
  • WELL-LOCATED: Within blocks of several cafes and restaurants on Bedford, Franklin, & Nostrand Avenues
  • EFFICIENCY, DENSITY & SCALE: 88% of the building has separate utilities, new appliances, and efficient unit layouts
  • STRONG RETAIL FRONTAGE: Located on one of Brooklyn’s most sought-after retail corridors, with nearby retail rents averaging $75-100 / SF

PROPERTY FACTS

No. Units 16
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.09 AC
Building Size 11,280 SF
Average Occupancy 88%
No. Stories 4
Year Built 1931
Zoning R7A / C2-4 - Located in the Bed-stuy neighborhood of Brooklyn between Greene Ave & Lexington Ave near the Bedford - Nostrand Ave subway station.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 2 - -
2+1 14 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01797-0003
Land Assessment
$63,000
Improvements Assessment
$889,650
Total Assessment
$952,650
  • Listing ID: 35530083

  • Date on Market: 4/16/2025

  • Last Updated:

  • Address: 1063-1065 Bedford Ave, Brooklyn, NY 11216

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