884 Broadway

For Sale$3,125,000

884 Broadway, Brooklyn, NY 11206

  • Mixed Use

884 Broadway, Brooklyn, NY 11206 - Mixed Use Space

884 Broadway is located at 884 Broadway in the Bedford-Stuyvesant neighborhood, NY, Brooklyn, 11206. The Mixed Use building was completed in 1931 and features a total of 6,375 Sqft.

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Details

  • Sale Price $3,125,000
  • City Brooklyn
  • Neighborhood Bedford-Stuyvesant
  • Zip Code 11206
  • Property Type Mixed Use
  • Property Size 6,375 Sqft
  • Lot Size 3,205 Sqft
  • Year Built 1931
  • Date Updated 13 Jul, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

Marcus & Millichap is pleased to present 884 Broadway. 

 

- Same ownership for 20 years

 

- Strong commercial tenant. Store invested over $350k in buildout. They own and operate another successful rest in the neighborhood located at 1386 Dekalb. Have been in business in the neighborhood for last 20 years. 

 

- Plans approved and construction started next door 7 story state of the art office/retail storefront

 

 - The building was gut renovated in 2003. Layout was changed from 6 3 BR railroad style to 6 large 1 BR boxed. 3 1 BR in the front and 3 1 BR in the back.

 

 - All Apartments upgraded recently with stainless steel appliances, quartz countertops, hardwood floors

 

 - Centralized Sprinkler System

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 884 Broadway?

884 Broadway totals 6,375 square feet.

When was this property built?

884 Broadway was built in 1931.

Bedford-Stuyvesant Demographics

The average household income in zip code 11206 is $61,423, from a total of 31,042 households. In terms of employment, there are 86.78 % white-collar and 13.22 % blue-collar jobs in zip code 11206.

Population

  • Total Population156,464
  • Male Population(47.2 %) 73,778
  • Female Population(52.8 %) 82,685
  • Median Age31.60

Income/Financial

  • Average Household Income$69,272
  • Median Household Income$50,153
  • Median Income Under 25$45,417
  • Median Income 25-44$69,323
  • Median Income 45-64$46,885
  • Median Income Over 65$26,338

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Alex Kalb

Marcus & Millichap

(718) 475-4313

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Daniel Greenblatt