567 Jefferson Ave
Brooklyn, NY 11221
Retail Property For Sale

567 Jefferson Avenue - Bedford - Stuyvesant, New York Corner Four Story Brick Building for Sale W/4 Garages & 35FT Frontage on Lewis Avenue/Jefferson Ave in Prime Bed Stuy 307 Lewis Ave , also known as 567 Jefferson Ave, is located on the northeast corner of Jefferson Ave and Lewis Ave in Bed Stuy. The building is a 6 family residential building with six rental apartments & deli, plus one of the largest assemblages of garages, (four),in Bed Stuy, just down the street from the well known restaurant, Saraghina. It is a massive 23 x 100 FT lot/four story building with a a total of 6785SF breaking down as four garages, (805 SF),plus a four story, residential building,(5980SF). The garages are on the Lewis Avenue side of the building and have approximately 35 feet in frontage. The apartments are rent stabilized and have been modernized, improved and renovated. There are 3 one bedrooms and 3 two bedroom apartments and 2 apartments will be vacant at closing.. The building has been well maintained and the mechanicals are in good working order. Price $3,700,000 Lot 23x100 Building :23x65 Stories:4 W/Full Basement Total SF: 6785 SF Building/Apt SF: 4485 SF Store/Deli sf: 1495 SF Garages #: 4 Overall Garage Dimensions: 23x35 Garage Frontage onJefferson:35 FT Garage total SF: 805 SF Apartments: 6 Total Rental Income: $142K Expenses Before Taxes: $28.1K RE Taxes:$11.8K Total Expenses: $39.6K Present NOI: $101.9K Projected NOIWith Rentalof Garages: $149.9K This listing courtesy of Douglas Elliman