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360 Bedford Ave
Brooklyn, NY 11249
Retail Property For Sale
Executive Summary
360 Bedford Ave presents a rare mixed-use investment opportunity in the heart of Williamsburg, Brooklyn. The property consists of two residential units above a high-visibility commercial storefront, situated along one of the most trafficked and sought-after retail corridors in the borough.
The building delivers strong in-place income with stable tenancy and immediate cash flow. Investors benefit from a high-demand residential market, consistent retail traffic, and proximity to top neighborhood amenities.
Income Breakdown (In-Place):
• Apt 1: $4,100/month
• Apt 2: $4,000/month
• Commercial Space: $9,085/month
Total Monthly Income: $17,185
Total Annual Income: $206,220
Investment Highlights:
• 2 residential units + commercial space
• Strong retail frontage on Bedford Ave
• Established in-place rent roll
• High-foot-traffic corridor with national and local retailers
• Steps to restaurants, cafes, boutique shops, and parks
• Easy access to multiple subway lines and transportation
Financial Summary (Asking $3,450,000):
• Annual Gross Income: $206,220
• Assumed Operating Expenses: 20%
• Net Operating Income (NOI): $164,976
• Cap Rate: approx. 4.8%
Location:
Situated in prime Williamsburg, one of Brooklyn’s most desirable neighborhoods for both residential and commercial tenants. Known for its strong demographics, retail stability, and sustained rental demand.
Suitable for investors seeking a stabilized income-producing asset with long-term upside in a premier Brooklyn location.
The building delivers strong in-place income with stable tenancy and immediate cash flow. Investors benefit from a high-demand residential market, consistent retail traffic, and proximity to top neighborhood amenities.
Income Breakdown (In-Place):
• Apt 1: $4,100/month
• Apt 2: $4,000/month
• Commercial Space: $9,085/month
Total Monthly Income: $17,185
Total Annual Income: $206,220
Investment Highlights:
• 2 residential units + commercial space
• Strong retail frontage on Bedford Ave
• Established in-place rent roll
• High-foot-traffic corridor with national and local retailers
• Steps to restaurants, cafes, boutique shops, and parks
• Easy access to multiple subway lines and transportation
Financial Summary (Asking $3,450,000):
• Annual Gross Income: $206,220
• Assumed Operating Expenses: 20%
• Net Operating Income (NOI): $164,976
• Cap Rate: approx. 4.8%
Location:
Situated in prime Williamsburg, one of Brooklyn’s most desirable neighborhoods for both residential and commercial tenants. Known for its strong demographics, retail stability, and sustained rental demand.
Suitable for investors seeking a stabilized income-producing asset with long-term upside in a premier Brooklyn location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,501 SF
Building Class
C
Year Built/Renovated
1910/2018
Price
$3,450,000
Price Per SF
$1,379.45
Cap Rate
5%
NOI
$172,500
Percent Leased
53%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.87
Lot Size
0.02 AC
Zoning
R6/C2-4 - Medium density residential district,Commercial district predominantly residential in character
Parking
1 Spaces (0.4 Spaces per 1,000 SF Leased)
Frontage
15’ on 360 Bedford Ave
Property Taxes
| Parcel Number | 02430-0026 | Improvements Assessment | $104,640 |
| Land Assessment | $8,760 | Total Assessment | $113,400 |
Property Taxes
Parcel Number
02430-0026
Land Assessment
$8,760
Improvements Assessment
$104,640
Total Assessment
$113,400
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