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1231 Bedford Avenue Brooklyn, NY $ 7,000,000
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1231 Bedford Avenue
$ 7,000,000
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1231 Bedford Avenue

Brooklyn, NY, 11216
$ 7,000,000
Bedrooms-- Baths-- Sq 9,900

Monthly Estimate*

$ 44,199

1231 Bedford Avenue, Brooklyn, NY 11216 - Image 1
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Commercial Property for sale in Brooklyn, NY

for $7,000,000. This 9,900 square foot building was built in 1899 on a lot size of 0.110193.

The sale of three adjoining mixed-use properties at 1231, 1233 and 1235 Bedford Avenue. The portfolio is offered only as a single package and contains 12 rent stabilized one-bedroom apartments and four commercial units. All commercial units will be delivered vacant and free of commercial tenancies at closing. INVESTMENT THESIS Vacant commercial delivery creates immediate leasing and repositioning optionality. Four vacant residential apartments and two pending create additional value-add potential, subject to applicable law. Reported development potential materially exceeds the existing building area, subject to independent architectural and legal verification. All-cash and third-party financed acquisitions will be considered with appropriate proof of funds or lender support and customary due diligence.

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Commercial Active

Price

$ 7,000,000

Property Type

Commercial

Taxes

$ 14,340

Style

Mixed Use

Lot Size

0.110193

Year Built

1899

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

503101
Features
Interior
Heating Fuel Oil
Flooring Linoleum
Hot Water Hot Water Coil in Boiler
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General
Roof Asphalt/Tar
Zoning C4-5D
Electric Other
Stories Count 3
Property Type Mixed Use
Block 1842
Yearly Taxes 14340.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Active
Construction Materials Brick
Cumulative Days on Market 1
MLS Area Bedford Stuyvesant
Sub Type Mixed Use
Year Built 1899
City Brooklyn
DOM 1
# Families 12
Public Remarks The sale of three adjoining mixed-use properties at 1231 1233 and 1235 Bedford Avenue. The portfolio is offered only as a single package and contains 12 rent stabilized one-bedroom apartments and fou
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Exterior
Exterior Brick
Foundation Stone
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Sarrazin Estates Ltd

Broker

(917) 530-6131

Phone

Affordability Calculator

$45,394
Per Month
97%
3%
0%
Monthly Principal & Interest
$44,199
Monthly Property Taxes
$1,195
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
7/17/2026$7,000,000 Listed Price

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1231 Bedford Avenue, Brooklyn, NY, 11216 is a Commercial Property for sale at $7,000,000 with 9,900 sqft and a lot size of 0.110193. 1231 Bedford Avenue was built in 1899. The property's zip code is 11216 which is in Brooklyn, NY

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