Vacant 3 Unit Building in Bedford Stuyvesant
264 Saratoga Avenue
Bedford-Stuyvesant
Closed 12/11/2014 at
$605,000
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718-395-1877
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Overview
TerraCRG has been retained to exclusively represent ownership in the sale of the free market three unit building located at 264 Saratoga Avenue in the Bedford Stuyvesant neighborhood of Brooklyn. The building is located on Saratoga Avenue between Atlantic Avenue and Herkimer Street, just three blocks from the Ralph Avenue C train.
The three story 20 ft x 60 ft building consists of 3 free market residential apartments. The building will be delivered vacant. The building currently has 3 large units, which allow for a number of different possibilities: (a) 3 large four bedroom units; (b) 5 or 6 two bedroom units (c) 3 massive loft style units which take advantage of the building’s ceiling heights.
Attractions
The property is ideally located near the intersection of Bedford Avenue and Fulton Street in one of the fastest growing residential and retail corridors in New York. The list of exciting retailers in the area include Bedford Hall, Outpost Cafe, Doris Bar and Alice’s Arbor. The are also many national retailers located in this area that provide a good mix between the newer bars and cafes and the more national chain tenants. The building is located in the heart of the residential renaissance of the area with many new luxury rental and condo buildings being built to meet the huge demand of new residents flooding into the area.