718-395-1877
1044 Bedford Ave, Brooklyn, NY for Sale
Apartments - FOR SALE
1/5
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1044 Bedford Ave
Brooklyn, NY 11205
Bedford-Stuyvesant


HIGHLIGHTS

  • New Construction Building, Completed 2020
  • Tax Abatement Through 2056
  • High-End Finishes: Stainless Appliances, Central Air, Video Intercoms, Washer/Dryers
  • Building Amenities: Fitness Center, Package Room, Bike Storage, Storage Units
  • Units with Private Outdoor Spaces
  • Steps from the Bedford-Nostrand G Train Station

OVERVIEW

TerraCRG is pleased to exclusively represent ownership in the sale of 1044 Bedford Avenue, a 24-unit, newly constructed multifamily property located in Bedford-Stuyvesant, Brooklyn. The seven-story, approximately 20,000-square-foot elevator building benefits from a 421-a tax abatement through 2056, providing significantly reduced real estate taxes and enhancing long-term cash flow. Each residence features high-end finishes, including stainless steel appliances, dishwashers, central air, video intercoms, and in-unit washer/dryers, with most units offering private outdoor space. The building features resident amenities, including a 24-hour fitness center, package room, bike storage, additional storage, private terraces, and landscaped rear yards. The property is fully occupied, with approximately 70% of the residential units designated as free-market, offering stable in-place income with future upside potential. Ideally positioned on a prime corner bordering Clinton Hill, just steps from the Bedford–Nostrand Avenues G train station, 1044 Bedford Avenue provides convenient access to Williamsburg, Downtown Brooklyn, and Manhattan, while being surrounded by the neighborhood's vibrant retail, dining, and cultural amenities.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

24

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

24-Unit New Construction Multifamily Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

7

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R7A, C2-4

APN/PARCEL ID

01950-0033

ASK ABOUT THIS PROPERTY

Matthew CosentinoTerraCRG Brooklyn Commercial Real EstateMore Info
718-395-1877

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Matthew CosentinoTerraCRG Brooklyn Commercial Real EstateMore Info
718-395-1877

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.