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Mixed-Use

1072 Dekalb Avenue

1072 Dekalb Ave, Brooklyn, NY 11221

Listing Price: $1,150,000

Number of Units
3
Price/Unit
$383,333
Price/Gross SF
$479.17
Gross SF
2,400

Investment Overview

Marcus & Millichap is pleased to present the Exclusive Listing located at 1072 Dekalb Avenue. The property is a three-story brick mixed-use building located on Dekalb Avenue in between Malcolm X Boulevard and Stuyvesant Avenue in the Bedford-Stuyvesant section of Brooklyn, New York (Block: 01603; Lot: 0032). The building is built approximately 2,340 total square feet and sits on a 1,950-foot lot.

The property is currently comprised of two renovated residential units, both of which offer two bedrooms and one bathroom. Both of the units are currently rented out right around market rate that became occupied during the COVID-19 pandemic. The first-floor unit of the building is currently vacant retail and will remain vacant through time of closing. This vacancy offers an investor the opportunity to put their own tenant into the space or occupy it themselves.

The building is located in Bed-Stuy within walking distance of "M" and "Z" Trains at the Myrtle-Broadway Stop and the "J" at the Kosciuszko Street Stop. The property is zoned R6B.

Investment Highlights

  • Prime Bed-Stuy Location
  • Brick Construction Built 19.5 x 40'
  • Approximately 2,340 Total Square Feet and Sits on 1,950 Foot Lot
  • Offers Three Large Free-Market Units With Great Upside

Exclusively Listed By

Listing Price: $1,150,000

Number of Units
3
Price/Unit
$383,333
Price/Gross SF
$479.17
Gross SF
2,400

Investment Highlights

  • Prime Bed-Stuy Location
  • Brick Construction Built 19.5 x 40'
  • Approximately 2,340 Total Square Feet and Sits on 1,950 Foot Lot
  • Offers Three Large Free-Market Units With Great Upside

Investment Overview

Marcus & Millichap is pleased to present the Exclusive Listing located at 1072 Dekalb Avenue. The property is a three-story brick mixed-use building located on Dekalb Avenue in between Malcolm X Boulevard and Stuyvesant Avenue in the Bedford-Stuyvesant section of Brooklyn, New York (Block: 01603; Lot: 0032). The building is built approximately 2,340 total square feet and sits on a 1,950-foot lot.

The property is currently comprised of two renovated residential units, both of which offer two bedrooms and one bathroom. Both of the units are currently rented out right around market rate that became occupied during the COVID-19 pandemic. The first-floor unit of the building is currently vacant retail and will remain vacant through time of closing. This vacancy offers an investor the opportunity to put their own tenant into the space or occupy it themselves.

The building is located in Bed-Stuy within walking distance of "M" and "Z" Trains at the Myrtle-Broadway Stop and the "J" at the Kosciuszko Street Stop. The property is zoned R6B.

Exclusively Listed By

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