Large Mixed-use building - Extra Wide 22' - Corner Building great upside potential.
just back on the market.
493 Tompkins Ave - aka 3 Decatur Street
Prime Bed Sty neighborhood location
Building: 22' X 50'lot: 22' X 70
Nice backyard - with the possibility of creating a curb cut.
Currently: 3300sqf plus fully useable basement FAR: 3, total buildable : 4640sqft.
Currently set-up as a 3Br apartment on 2nd floor, large 2br unit on the 3rd floor (easily converted to 3br), and ground floor large commercial space with full basement.
Excellent condition: all free market Residential Units - potential rent roll - over $170,000/yr.
as is NOI:$119,000 - turn-key
low taxes: $4,241/yr
Total expenses only - $22,000
1st Floor - commercial - Rent: $5,025 with 5% increases each year, pays 1/2 water bill - Lease ends 2028
2nd Floor - 3 BR / 1bth with backyard access - current rent - $3300
3rd floor - large 2br...easily converted to 3br - current rent - $3400
Current Rent Roll - $11,725/mo. - NOI $119,000
total projected rent roll ( with slight renovations) - $14,250/mo.
Active
$1,775,000
3 Decatur St UNIT 1, Brooklyn, NY 11216
5beds
3,300sqft
Mixed Use
Built in 1899
-- sqft lot
$-- Zestimate®
$538/sqft
$-- HOA
What's special
Large commercial spaceCorner buildingNice backyard
- 4 days
- on Zillow |
- 185 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: August 12, 2025 at 07:24am
Listing by:
Home by Choice LLC 646-824-8300,
Elliott Arkin
Source: StreetEasy,MLS#: S1785034
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Appliances
- Laundry: Inside
Interior area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- Year built: 1899
Community & HOA
Community
- Subdivision: Bedford-Stuyvesant
HOA
- Has HOA: Yes
- Amenities included: Laundry
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $538/sqft
- Date on market: 8/12/2025
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