New Construction 7 Unit Multifamily Building | Bedford Stuyvesant
670 Halsey Street
Bedford-Stuyvesant
Cross Street
Malcolm X & Patchen Ave
Building SF
5,200
Lot Dimensions
25 ft x 100 ft
Zoning
R6B
Subways
a
c
j
z
Details
Stories
4
Residential Units
7
Overview
TerraCRG has been retained to exclusively represent ownership in the sale of the new construction multifamily building located at 670 Halsey Street, in Bedford-Stuyvesant. The property is located just off Malcolm X Boulevard and its outstanding collection of restaurants, bars and café’s. The 5,200 SF building consists of 7 condo quality apartments. 6 of the units are 2 bedrooms and 1 unit is a huge 3 bed/2.5 bath duplex. All the units have central air, top of the line appliances and there is a common rooftop and laundry in the building. The property has low expenses due to a 421-A tax abatement which expires in 2034. The 5,200 SF property has a current gross annual income of ~$293,000 and at asking price is being offered at ~7% Cap and $716/SF. The building is ideally located within very close proximity to the A/C subway at Utica Avenue.Attractions
Peaches
Rita & Maria
Flow Pilates
Key Food
Natural Blend
Saraghina Pizzeria
A&A Bake Double Shop
Ali’s Trinbago Roti Shop
Breuklyn Tequila & Taco Bar
Bad Luck Bar
Bed-Vyne Brew
Bicycle Roots
BKLYN Blend
Boys and Girls High School
Beso
Brooklyn Kolache
C’mon Everybody
Clementine Bakery
CitiBike
Corner Grind
David’s Brisket House
Dekalb Restaurant
Do or Dive
Doris
Dynaco
For All Things Good
Greenberg’s Bagels
. House of Art Gallery
L’Antagoniste
Le Chateau
Lunàtico
Le Paris Dakar
Lover’s Rock Bar
Macosa Trattoria
Peaches
Sally’s
Samurai Papa
Saraghina
Sincerely
Tommy
The LAB
Toad Style
Turtles all the way down
Rustik Tavern
Ursula Brooklyn
Weeksville Heritage Center
