Newly Renovated Vacant Mixed-Use Building

Description:

Ariel Property Advisors has been retained to sell the mixed-use building located at 343A Tompkins Avenue, between Monroe and Madison Streets, in the Bedford-Stuyvesant neighborhood of Brooklyn.

The subject property is a 3,000 square foot, 3 story walk-up which features one store and two apartments above. The building measures 20’ x 50’ and it is situated on a 20’ x 80’ lot. The block is active and has a high volume of foot traffic which can benefit the retail. The adjacent store is a popular café, so the vacant retail at 343A Tompkins Avenue can be leased to a lifestyle retail concept to build on the current momentum. The apartments have three bedrooms each and are also vacant. The property renovations were recently completed so the building is move-in ready.

The heating system is operated on gas and the electric system has been upgraded. The entire building is in good working order.

This area in Bedford-Stuyvesant is transforming and new cafés, as well as restaurants, can be found on the commercial corridors. The exciting new Sincerely Tommy Café is a good example of area gentrification that is located right next door. Other amenities include The Potomac Playground which is four blocks south as well as the Herbert Von King Park four blocks north.

Transportation is in abundance with the Kingston stop of the C train on Fulton Street as well as the Lafayette / Nostrand stop on the G train. The B52 and the B53 Bus lines are both within one block.

For more information about this property including a detailed marketing book, please contact our office.

Documents: