Mixed Use Building in Bed-Stuy

Highlights:

• 2 Stores + 12 Apartments
• Building: 25 X 65; Lot: 25 X 100
• Avg Rent for Studios in Bed-Stuy: $2,058

Description:

901 DeKalb Ave is adjacent to a new development in the heart of Bed-Stuy.

This is a mixed-use building with 2 stores on the ground level and 12
rental studios above (4 on each floor). Ideal buyer will update the units to generate over $300,000 in annual income. 1,000 sq ft of unused dev rights. Can deliver up to 9 apartments vacant at closing.

Each unit has its own water, gas and electric meters that the tenants pay.

Taxes: $44,574
Insurance: $10,876
Utilities: $3,806
Super: $2,800