Vacant 3-Family Building | Bed-Stuy/Ocean Hill

1366 Herkimer Street

Bedford-Stuyvesant

$1,200,000

Cross Streets Monaco Pl & Eastern Pkwy
Gross SF 2,633
Total Free Market Units 3
Lot SF 1,677
Subways
a
c
z
j
l
Other Transportation
LIRR - East New York, Broadway Junction
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Multifamily 1366 Herkimer Street, Bedford-Stuyvesant
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Aden Verdun
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Details

Zoning R5
Stories 3
Total Units 3
Building Dimensions 19.5 ft x 45 ft

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