343A Tompkins Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11216- Bedford-Stuyvesant
$1,995,000 USD
718-360-8801
343A Tompkins Ave, Brooklyn, NY for Sale
$1,995,000 USD
Storefront Retail/Residential - FOR SALE
1/15
null | 5.59% Cap Rate

343A Tompkins Ave
Brooklyn, NY 11216
Bedford-Stuyvesant


HIGHLIGHTS

  • Renovated Mixed Use Brownstone in Bedford Stuyvesant For Sale
  • Situated between Monroe Street and Madison Street, the property is positioned along the emerging boutique retail corridor of Tompkins Avenue
  • The property consists of two residential units over one ground-floor retail space
  • retail is currently being used by the owner, will be vacating in the fall and is concurrently being offered for lease
  • The property is built 20 ft. x 50 ft. on a 20 ft. x 80 ft. lot and features a finished rear yard with a wooden deck accessible to the ground floor
  • Additional benefits include Tax Class 1 status and unused air rights within an R6A, C2-4 zoning district

OVERVIEW

Investment Property Realty Group (IPRG) is pleased to present for sale 343A Tompkins Avenue, a brownstone-style mixed-use building located in the Bedford-Stuyvesant section of Brooklyn. Situated between Monroe Street and Madison Street, the property is positioned along the emerging boutique retail corridor of Tompkins Avenue, which has seen an influx of independent food, beverage, and neighborhood retail operators in recent years . The property consists of two residential units over one ground-floor retail space. The building has been fully renovated, including a gut renovation of the retail space, which is currently being used by the owner, will be vacating in the fall and is concurrently being offered for lease. The property is built 20 ft. x 50 ft. on a 20 ft. x 80 ft. lot and features a finished rear yard with a wooden deck accessible to the ground floor. Additional benefits include Tax Class 1 status and unused air rights within an R6A, C2-4 zoning district.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$665 USD /SF

CAP RATE

5.59%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R6B

APN/PARCEL ID

01820-0008

ASK ABOUT THIS PROPERTY

Derek BestreichInvestment Property Realty GroupMore Info
718-360-8801

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Derek BestreichInvestment Property Realty GroupMore Info
718-360-8801

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