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347 Bedford Ave
Brooklyn, NY 11211
Multifamily Property For Sale
·
14 Units
Executive Summary
Corner, mixed-use investment opportunity in the heart of Williamsburg.
The property boasts over 16,435 square feet.
Comprising 3 retail spaces and 14 apartments.
Residential unit breakdown: 4 are rent-stabilized, 2 are rent-controlled, and 8 are free market.
Built on a 4,109 square-foot lot, the property stands four stories high.
The building size is 47.5’x86.5’.
Impressive frontage on Bedford Avenue (over 47 feet) and 4th Street (over 86 feet).
Actual annual net operating income is $383,104.80, and a potential net operating income of $592,685.16
The property boasts over 16,435 square feet.
Comprising 3 retail spaces and 14 apartments.
Residential unit breakdown: 4 are rent-stabilized, 2 are rent-controlled, and 8 are free market.
Built on a 4,109 square-foot lot, the property stands four stories high.
The building size is 47.5’x86.5’.
Impressive frontage on Bedford Avenue (over 47 feet) and 4th Street (over 86 feet).
Actual annual net operating income is $383,104.80, and a potential net operating income of $592,685.16
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 5 | - | - |
| 2+1.5 | 1 | - | - |
| 2+1 | 8 | - | - |
Property Taxes
| Parcel Number | 02431-0001 | Improvements Assessment | $978,750 |
| Land Assessment | $184,950 | Total Assessment | $1,163,700 |
Property Taxes
Parcel Number
02431-0001
Land Assessment
$184,950
Improvements Assessment
$978,750
Total Assessment
$1,163,700
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