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Sold for $2,100,000 on 05/24/24
  • $2,100,000

    922 Broadway, Brooklyn, NY 11206

    4beds
    5,677sqft
    MultiFamily
    Built in 1931
    -- sqft lot
    $2,569,600 Zestimate®
    $370/sqft
    $6,415 Estimated rent

    What's special

    Located on the Bushwick and Bedford Stuyvesant border is a 3 story 6 unit free market mixed use building. Situated on Broadway between Stockton St and Myrtle Ave. Building has frontage on both Broadway and Myrtle Ave as the first floor is built lot through giving a storefront on both Broadway and Myrtle Ave. 2nd floor features two one bedrooms and 3rd floor has an additional two one bedrooms. Total layout includes 2 stores and 4 apartments and all the units are free market. The building is completely occupied with paying tenants. Being in a Enhanced Commercial District the new owner will have an opportunity to tap into additional air rights as you have a potential to add 5,031 Sq Ft and zoned C4-4L with a 4.0 FAR. (verify with independent architect) Offered at a 6.6% Cap with tons of upside.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 6
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 5,677 sqft

    Property

    Lot
    • Size: 2,677 sqft
    Details
    • Parcel number: 015840023

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1931

    Community & neighborhood

    Location
    • Region: Brooklyn
    Services availability