Check Availability
$3,199,000
↓ $301K (8.6%)
Commercial - For Sale

426 Decatur Street #5

Bedford-Stuyvesant, NY 11233
bedrooms
Studio
bathrooms
0 Bath
$15,721
Estimated Monthly
$0
HOA / Fees
0.45%
Cap Rate

About This Property

Exceptional Mixed-Use Building with Prime Investment Potential  Presenting an outstanding opportunity for the discerning investor, this mixed-use building offers a prime location and versatile income potential. Comprising a total of five residential units and two commercial spaces, this property is a lucrative prospect for the right buyer.  Residential Units: - Four units consist of 3 bedrooms and 1 bathroom each. - The fifth unit features 2 bedrooms and 1 bathroom. - Unit 1R: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 2R: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 3R: 2 bedrooms, $2,000/month (Occupied) - Unit 3L: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 2L: 3 bedrooms, $2,400/month (Occupied)  Commercial Spaces: - Front Store:  with approximately 1,500 sq ft, $3,000/month - Back Store: Takeout restaurant with approximately 1,000 sq ft, $3,000/month  Income Breakdown: - Potential monthly income: $24,200 - Yearly income: $290,400  Exp Food Pantry enses (Approximately): $22,548 per year  This property presents a fantastic investment with a mix of occupied and vacant units, providing potential for immediate income generation and future value appreciation. The building's strategic location ensures a steady stream of foot traffic for the commercial tenants, enhancing their earning potential. Don't miss the chance to own a piece of this thriving investment
Unit Size
-
Days on Market
247 days
Land Size
0.06 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$13
HOA Dues
-
Year Built
1910
Listed By
Last updated: 12 days ago (OneKey MLS #ONE3500034)

Price History

Date / Event Date Event Price
Dec 25, 2023 Price Decreased $3,199,000
↓ $301K (8.6%)
Price Decreased
Nov 9, 2023 Price Decreased $3,500,000
↓ $500K (12.5%)
Price Decreased
Oct 2, 2023 Price Decreased $3,999,900
↓ $500K (11.1%)
Price Decreased
Aug 31, 2023 Price Decreased $4,500,000
↓ $499K (10%)
Price Decreased
Aug 29, 2023 Relisted $4,999,000
Relisted
Show More

Property Highlights

Exterior Details

Property Information

Square Footage : 7500
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1910

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.06
Lot Size Square Feet: 2500
Lot Size Dimensions: 25x100
Financial Details
Tax Annual Amount: $156

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
4 Baths
3,700 ft²
$696/ft²
$2,575,000 Mar 11, 2020
$2,575,000 Apr 23, 2021
-
Multifamily
6 Beds
4 Baths
3,648 ft²
$876/ft²
$3,195,000 Apr 3, 2019
$3,195,000 Nov 8, 2019
-
Multifamily
6 Beds
3 Baths
-
$3,400,000 Apr 23, 2023
$3,400,000 Jul 12, 2023
-
Townhouse
8 Beds
6 Baths
-
$3,050,000 Mar 1, 2022
$3,050,000 Jun 1, 2022
-
Multifamily
6 Beds
6 Baths
3,088 ft²
$936/ft²
$2,890,000 May 13, 2021
$2,890,000 Nov 3, 2021
-
Townhouse
6 Beds
4 Baths
3,276 ft²
$870/ft²
$2,850,000 Mar 31, 2022
$2,850,000 Jul 12, 2022
-
Townhouse
Stu
6 Baths
4,662 ft²
$557/ft²
$2,599,000 Sep 14, 2022
-
$771/mo
Commercial
Loft
-
-
$3,576,000 Mar 20, 2023
-
$1,924/mo
Multifamily
9 Beds
5 Baths
-
$3,165,000 Dec 28, 2023
-
$998/mo
Townhouse
15 Beds
5 Baths
4,800 ft²
$649/ft²
$3,117,000 Oct 24, 2023
-
-
Multifamily
8 Beds
4 Baths
-
$2,749,000 Jan 6, 2024
-
$556/mo
Townhouse
4 Beds
6 Baths
-
$2,995,000 Aug 29, 2023
-
$1,027/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

426 Decatur Street 426 Decatur Street, Brooklyn, NY 11233
  • 7 Units
  • 1 Unit for Sale
More about this Building
426 Decatur Street
Want to find out who owns 426 Decatur Street, Brooklyn, NY 11233? Get detailed property transactions here .

About Northern Brooklyn


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