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Map
$3,199,000
↓ $301K (8.6%)
●
Commercial -
For Sale
426 Decatur Street #5
Bedford-Stuyvesant, NY 11233
Studio
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
Utilities Details
Heating: Natural Gas, Hot Water
Sewer : Sewer
Location Details
Directions: This property is situated in the central area of Brooklyn. To reach the property, simply follow your GPS directions.
County or Parish: Brooklyn
Other Details
On Market Date: 2023-08-24
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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
-
Active
Townhouse
Stu
6
Baths
4,662 ft²
$557/ft²
$2,599,000
Sep 14, 2022
-
$771/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
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