Check Availability
$4,500,000
House - For Sale

499 Marcy Avenue

Bedford-Stuyvesant, NY 11206
bedrooms
Studio
bathrooms
0 Bath
$24,015
Estimated Monthly
$0
HOA / Fees
0.42%
Cap Rate

About This Property

Discover an exceptional investment in Bedford-Stuyvesant's beating heart, where urban living harmonizes with commerce. This property boasts a versatile ground-floor commercial space, ideal for diverse businesses, and five chic residential units above, offering modern living at its finest. With a mix of one 1-bedroom and four 2-bedroom units, it caters to varied lifestyles. Nestled in the heart of this vibrant neighborhood, residents enjoy easy access to amenities and transportation. Entrepreneurs and investors can seize this opportunity for steady income from both commercial and residential tenants. Dive into the future of urban living and business success-schedule your viewing today!
Unit Size
-
Days on Market
172 days
Land Size
0.05 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,919
HOA Dues
-
Year Built
1931
Last updated: 5 months ago (OneKey MLS #ONE3515780)

Price History

Date / Event Date Event Price
Nov 9, 2023 Listed by Moving Keyz Realty $4,500,000
Listed by Moving Keyz Realty

Property Highlights

Exterior Details

Property Information

Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1931

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.05
Lot Size Square Feet: 2200
Lot Size Dimensions: 27.5x80
Financial Details
Tax Annual Amount: $23,027

Building Info

Overview

    General

  • Year Built: 1931
  • First Altered Year: 2004
  • Building Count: 1
  • Floor Count: 2
  • Total Unit Count: 1
  • Basement Type: 0

    Dimensions

  • Lot Area Sqft: 2,200
  • Lot Size Depth Feet: 80
  • Lot Size Frontage Feet: 28
  • Building Depth: 80
  • Building Frontage: 28
  • Gross Building Area: 4,400

    Building Floor Area

  • Commercial Building Floor Area: 4,400
  • Retail Building Floor Area: 4,400

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 3
  • Facilities Floor Area Ratio: 3

Building

  • Building Type: K2
  • Lot Type: 3
  • Land Use: 05
  • Irregular Lot Code: N
  • Extension Code: N

Neighborhood

  • Community District: 303
  • City Council District: 36
  • Police Precinct: 79
  • Fire Company: E230
  • Health Area: 1720
  • Sanitation District Borough: 3
  • Sanitation Subsection: 1A
  • School District: 14

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6A
  • Zoning Commercial Overlay 1: C2-4

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1730
  • Lot: 8
  • Borough Block Lot: 3017300008

    Address

  • Full Address: 499 Marcy Avenue
  • Zip Code: 11206

Valuation

    Assessments Valuation

  • Assessed Total Value: $214,650
  • Assessed Land Value: $99,000

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
5 Baths
-
$4,880,000 Oct 20, 2017
$4,880,000 Apr 26, 2018
-
Townhouse
Stu
1 Bath
5,000 ft²
$800/ft²
$4,000,000 May 17, 2017
$4,000,000 Jan 21, 2021
-
Stu
-
-
$3,750,000 Nov 2, 2017
$3,750,000 Dec 5, 2017
-
Co-op
Stu
-
-
$3,575,000 Mar 25, 2013
$3,575,000 Feb 12, 2014
-
Townhouse
1 Bed
1 Bath
-
$4,500,000 May 2, 2014
$4,500,000 Jan 16, 2015
$2,481/mo
House
3 Beds
3 Baths
4,652 ft²
$989/ft²
$4,600,000 Sep 11, 2018
$4,600,000 May 10, 2019
-
House
Stu
-
-
$4,250,000 Oct 31, 2023
-
$2,919/mo
House
Stu
-
-
$4,900,000 May 23, 2023
-
$755/mo
Multifamily
Stu
6.5 Baths
-
$4,250,000 Feb 5, 2024
-
$3,083/mo
Commercial
Loft
-
-
$4,500,000 Jul 5, 2023
-
$2,588/mo
Commercial
Loft
-
-
$4,500,000 Oct 13, 2023
-
$3,829/mo
Land
Loft
-
-
$3,800,000 Feb 8, 2024
-
-

About Northern Brooklyn


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Frequently Asked Questions

When was property at 499 Marcy Avenue built and last sold?
The property at 499 Marcy Avenue was built in 1931 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 499 Marcy Avenue is $4,545,000.
What are some comparable homes to 499 Marcy Avenue?
Homes that are comparable to 499 Marcy Avenue include a multifamily property at 739 Grand Street, a house property at 279 Nostrand Avenue, a commercial property at 71 Montrose Avenue.

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