Vacant 3-Family Building | Bed-Stuy/Ocean Hill
1366 Herkimer Street
Bedford-Stuyvesant
$1,200,000
LIRR - East New York, Broadway Junction
Details
Overview
TerraCRG is pleased to exclusively represent ownership in the sale of 1366 Herkimer Street, a three-story, 2,633-square-foot, three-family building located in the Bedford-Stuyvesant/Ocean Hill neighborhood of Brooklyn, between Monaco Place and Eastern Parkway. Delivered vacant and in need of renovation, the tax-class-protected property presents a compelling value-add opportunity for investors seeking to reposition the asset and enhance its value. The property is conveniently located near the Rockaway Avenue A express and C local subway trains and is offered at approximately $450 per square foot.
Property Highlights
Easy Access to Long Island Railroad & Broadway Junction
Vacant Three-Family Building
Value-Add Opportunity with Renovation Potential
Tax-Class Protected
Conveniently Located Blocks from A Express & C Local Subway Trains at Rockaway Avenue & LIRR
Attractive Pricing at Approximately $450 Per Square Foot
Three-Story Building Spanning 2,633 Square Feet
20 Minutes to JFK Airport & 10 Minutes to Jackie Robinson Parkway
averdun@terracrg.com