1118 Bedford Ave
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1118 Bedford Ave
3,284 SF 100% Leased Retail Building Brooklyn, NY 11216 $2,739,126 CAD ($834 CAD/SF)
Investment Highlights
- High Traffic area
- Fully built out commercial space on ground floor (66 SF +/-) and fully built out/finished cellar
- Residential units independently metered with their own furnaces and hot water tanks
- Numerous restaurants, coffee shops, bars and residential buildings surrounding
- High incoming generating residential rentals, Two 2 bed / 2 bath units (1 unit with back deck)
Executive Summary
Prime Portfolio Property or Owner-User Opportunity.
1118 Bedford Ave is a large 21-foot-wide mixed-use building on coveted Bedford Ave surrounded by restaurants, coffee shops, bakeries, bars, grocery stores, the YMCA, etc. The building has a fully built-out ground floor commercial space & cellar (66 ft +/- deep) and two 2 bed / 2 bath residential units (1 with a private back deck).
The commercial unit is roughly 1,400 SF +/- on the ground floor and has another 1,000 + SF in the fully finished cellar.
The residential units are roughly 920 SF +/- per unit.
The commercial space is heated/cooled by HVAC on the ground floor, and there is a split unit in the cellar. Residential units are independently metered and have their own furnaces and hot water tanks.
The building has 4 electric meters, 3 gas meters, and 1 water meter.
1118 Bedford Ave is a large 21-foot-wide mixed-use building on coveted Bedford Ave surrounded by restaurants, coffee shops, bakeries, bars, grocery stores, the YMCA, etc. The building has a fully built-out ground floor commercial space & cellar (66 ft +/- deep) and two 2 bed / 2 bath residential units (1 with a private back deck).
The commercial unit is roughly 1,400 SF +/- on the ground floor and has another 1,000 + SF in the fully finished cellar.
The residential units are roughly 920 SF +/- per unit.
The commercial space is heated/cooled by HVAC on the ground floor, and there is a split unit in the cellar. Residential units are independently metered and have their own furnaces and hot water tanks.
The building has 4 electric meters, 3 gas meters, and 1 water meter.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,284 SF
Building Class
C
Year Built
2009
Price
$2,739,126 CAD
Price Per SF
$834 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.31
Land Acres
0.03 AC
Zoning
R6A/C2-4 - R6a, C2-4
Frontage
60 ft on Bedford Ave
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (85)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 01974-0026 | Improvements Assessment | $135,507 CAD |
| Land Assessment | $13,425 CAD | Total Assessment | $148,932 CAD |
PROPERTY TAXES
Parcel Number
01974-0026
Land Assessment
$13,425 CAD
Improvements Assessment
$135,507 CAD
Total Assessment
$148,932 CAD
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Joseph Dima -
Corcoran Group
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