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1063-1065 Bedford Avenue

$5,995,000

1063-1065 Bedford Avenue, Brooklyn, NY 11216

Active
Last Updated: 05/02/2025

6.25

Cap Rate

374,346

NOI

Details:
Cap Rate:    6.25%
NOI:    $374,346
Building Size:    11,280 sqft
Units:    16
Price Per Sqft:    $531
Highlights:
  • RENOVATED & TURNKEY: 14 of 16 units have been fully renovated and meticulously maintained – extensive sub-rehab paperwork can be found in data room linked below
  • EFFICIENCY, DENSITY & SCALE: 88% of the building has separate utilities, new appliances, and efficient unit layouts, translating to minimal maintenance
  • FM PORTION FULLY OCCUPIED: Free Market 2BR/1BTH apartments are fully occupied, with rents averaging $60/SF or $3,200/mo
  • RS UNITS AT MARKET OR VACANT: Of the four rent stabilized units, two are leased at market rents (averaging $2,900/mo.) and remaining two will be delivered vacant
  • AVAILABLE / UNUSED AIR RIGHTS: The property benefits from 4,720 BSF (ZFA) of unused air rights, available for expansion or disposition
  • STRONG RETAIL FRONTAGE: Located on one of Brooklyn’s most sought-after retail corridors, with nearby retail rents averaging $75-100 / SF
  • WELL-LOCATED: Within blocks of several cafes and restaurants on Bedford, Franklin, & Nostrand Avenues
  • TRANSPORTATION ACCESSIBILITY: 3 blocks from the G train at Bedford/Nostrand Avenues and proximity to the A/C trains at Nostrand Ave
Map:
Documents:
Title
Offering Memorandum
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Today's Available Mortgage Rates

1063-1065 Bedford Avenue, Brooklyn, New York 11216

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 09/20/2025
AgencyLender #634
5 Year Fixed
30 Year Amortization
Interest rate 5.37% 5 Year Fixed
Mo. Payment$18,118 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 54% LTV $8,500 Lender fees
Loan Amount $3,237,300 Loan Amount
Details
AgencyLender #634
7 Year Fixed
30 Year Amortization
Interest rate 5.4% 7 Year Fixed
Mo. Payment$18,178 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 54% LTV $8,500 Lender fees
Loan Amount $3,237,300 Loan Amount
Details
AgencyLender #634
10 Year Fixed
30 Year Amortization
Interest rate 5.53% 10 Year Fixed
Mo. Payment$18,442 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 54% LTV $8,500 Lender fees
Loan Amount $3,237,300 Loan Amount
Details
Speak With a Loan Consultant

CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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