203-526-2888
332 Marcus Garvey Blvd, Brooklyn, NY for Sale
Apartments - FOR SALE
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332 Marcus Garvey Blvd
Brooklyn, NY 11221
Bedford-Stuyvesant


HIGHLIGHTS

  • Mixed-use investment with six apartments (50% occupied) and a never-occupied, vanilla box retail suite, providing significant upside to a new owner.
  • Attractive property, fully renovated in 2016, featuring a vibrant brownstone façade and spacious units with rich natural lighting.
  • Easily accessible location just off a signalized intersection, within walking distance of bus stops and service for the C and A MTA lines.
  • Within a dense trade area of over 180,000 residents within 1 mile, including 84% who rent their homes, driving annual spending of over $1.8 billion.
  • Walkable to shopping and dining amenities, several quality schools, and beautiful outdoor spaces at Herbert Von King Park.
  • Performing retail and multifamily submarkets, with vacancies of just 4.1% and rent growth of 1.85% (retail) and 1% (multifamily) over the past year.

FOR SALE DETAILS

PRICE

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# OF UNITS

6

CAP RATE

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% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value-Add Mixed-Use Retail and Multifamily

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,786 SF

ZONING

R6B

APN/PARCEL ID

01826-0037

ASK ABOUT THIS PROPERTY

Vanessa CabreraUs Asset RealtyMore Info
203-526-2888

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Vanessa CabreraUs Asset RealtyMore Info
203-526-2888

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