902-908 Bedford Ave

For Sale$23,750,000

902 Bedford Ave, Brooklyn, NY 11205

  • Multi-Family

902-908 Bedford Ave, Brooklyn, NY 11205 - Multi-Family Space

902-908 Bedford Ave is located at 902 Bedford Ave in the Bedford-Stuyvesant neighborhood, NY, Brooklyn, 11205. The Multi-Family building was completed in 2004 and features a total of 56,900 Sqft.

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Details

  • Sale Price $23,750,000
  • City Brooklyn
  • Neighborhood Bedford-Stuyvesant
  • Zip Code 11205
  • Market Brooklyn
  • Property Type Multi-Family
  • Property Size 56,900 Sqft
  • Units 44
  • Lot Size 10,000 Sqft
  • Property Tenancy Multi-Tenant
  • Year Built 2004
  • Date Updated 19 Oct, 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 902-908 Bedford Avenue

  • 44 Unit Elevator Building
  • 6.24% Cap Rate
  • $417 per foot (Condos sell in the $900-1000 range)
  • $19 million in assumable debt
  • Half mile to Pratt Institute
  • 11 years remaining on 421a

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 902-908 Bedford Ave?

902-908 Bedford Ave totals 56,900 square feet.

When was this property built?

902-908 Bedford Ave was built in 2004.

Bedford-Stuyvesant Demographics

The average household income in zip code 11205 is $86,795, from a total of 16,294 households. In terms of employment, there are 87.99 % white-collar and 12.01 % blue-collar jobs in zip code 11205.

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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