Check Availability
$1,035,000
↓ $53K (4.9%)
Commercial - For Sale

2322 Bedford Avenue #12

Flatbush, NY 11226
bedrooms
Studio
bathrooms
0 Bath
$6,376
Estimated Monthly
$0
HOA / Fees
0.36%
Cap Rate

About This Property

Calling All Investors, Developers & End-Users!!! 6 Unit Apartment Building On Bedford Avenue In Brooklyn For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong R7A Zoning, 6 Parking Spaces, High 10' Ceilings,  All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just 5 Blocks From Rt. 27 Near Prospect Park Lake & The Brooklyn Museum!!! Neighbors Include UPS, FedEx, CubeSmart Self Storage, Target, ShopRite, AutoZone, Bank Of America, Optimum, Blink Fitness, Planet Fitness, Key Food, Dunkin', Walgreens, McDonald's, BP Gas, Taco Bell, Duane Reade, Dollar Tree, Five Below, Subway, National Wholesale Liquidators, Aldi, IHOP, Wendy's, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site Or A Nice Addition To Your Investment Portfolio!!!    Income:   Apt. 1A (1 Br., 1 Bath): $21,600 Ann. (Available)   Apt. 1B (2 Br. 1 Bath): $17,492.40 Ann.; Lease Exp.: 2/28/24.    Apt. 2A (1 Br. 1 Bath): $7,239 Ann.; Lease Exp.: 6/30/24.    Apt. 2B (2 Br. 1 Bath): $16,855.08 Ann.; Lease Exp.: 12/31/23.    Apt. 3A (1 Br. 1 Bath): $7,058.16 Ann.; Lease Exp.: 6/30/23.   Apt. 4A (2 Br. 1 Bath): $25,200 Ann. (Available)   Pro Forma Gross Income: $95,444.64 Ann.    Expenses:   Heat: $1,214 Ann.    Electric (Common Areas Only): $723 Ann.    Maintenance & Repairs: $250 Ann.   Water & Sewer: $5,203.53 Ann.    Insurance: $6,945 Ann.    Taxes: $15,516.56 Ann.    Total Expenses: $29,852.09 Ann.    Pro Forma Net Operating Income (NOI): $65,592.55 Ann.
Unit Size
-
Days on Market
224 days
Land Size
0.06 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$1,293
HOA Dues
-
Year Built
1930
Listed By
Richard Matt Shane
All Island Estates Realty Corp
Last updated: 2 months ago (OneKey MLS #ONE3505355)

Price History

Date / Event Date Event Price
Mar 2, 2024 Price Decreased $1,035,000
↓ $53K (4.9%)
Price Decreased
Nov 30, 2023 Price Decreased $1,088,000
↓ $12K (1.1%)
Price Decreased
Sep 18, 2023 Listed by All Island Estates Realty Corp $1,100,000
Listed by All Island Estates Realty Corp
Jun 22, 2017 Sold to 2322 Bedford Llc $1,150,000
Sold to 2322 Bedford Llc

Property Highlights

Exterior Details

Property Information

Square Footage : 6720
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1930

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.06
Lot Size Square Feet: 2626
Lot Size Dimensions: 26x101
Financial Details
Tax Annual Amount: $15,516

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$1,100,000 Jan 26, 2022
$1,100,000 Jun 9, 2022
-
House
3 Beds
3 Baths
1,500 ft²
$757/ft²
$1,135,000 Mar 23, 2022
$1,135,000 Jun 3, 2022
-
House
3 Beds
4 Baths
-
$1,185,000 Nov 23, 2021
$1,185,000 Mar 14, 2022
$422/mo
House
2 Beds
2 Baths
1,070 ft²
$868/ft²
$929,000 May 13, 2021
$929,000 Aug 27, 2021
-
Townhouse
5 Beds
3 Baths
2,700 ft²
$396/ft²
$1,070,000 May 5, 2017
$1,070,000 Dec 12, 2017
$125/mo
Townhouse
8 Beds
4 Baths
2,842 ft²
$396/ft²
$1,124,000 Aug 31, 2019
$1,124,000 Jun 19, 2020
-
Multifamily
Stu
-
-
$1,250,000 Aug 12, 2023
-
$495/mo
House
4 Beds
4 Baths
-
$1,088,000 Sep 15, 2023
-
$382/mo
Land
Loft
-
5,558 ft²
$207/ft²
$1,150,000 Feb 2, 2024
-
$361/mo
Other
Loft
-
4,800 ft²
$249/ft²
$1,195,000 Nov 14, 2023
-
$1,009/mo
House
4 Beds
2 Baths
-
$979,000 Apr 24, 2023
-
$478/mo
Commercial
Loft
-
-
$899,000 Sep 18, 2023
-
$1,040/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

2322 Bedford Avenue 2322 Bedford Avenue, Brooklyn, NY 11226
  • 6 Units
  • 1 Unit for Sale
More about this Building
2322 Bedford Avenue
Want to find out who owns 2322 Bedford Avenue, Brooklyn, NY 11226? Get detailed property transactions here .

About Central Brooklyn


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