370 Bedford Avenue, Brooklyn NY
370 Bedford Avenue, Brooklyn NY
Between South 4th & 5th Streets
Williamsburg
Williamsburg
Value-Add Mixed-Use Building with Free Market Upside on Prime Williamsburg Corridor
| Neighborhood | Williamsburg |
|---|---|
| Size | 25,883 |
Investment Highlights:
Meridian Investment Sales is pleased to present 370 Bedford Avenue, a six-story, 25,883-square-foot mixed-use building in the heart of Williamsburg, Brooklyn. The property contains 29 residential units — 22 rent-stabilized and 7 free market — plus one ground-floor retail unit, generating $817,458 in effective gross income and a market NOI of $515,270. With 100% occupancy and significant upside through free market conversion as stabilized leases roll, 370 Bedford Avenue offers investors a compelling value-add opportunity in one of Brooklyn’s most sought-after neighborhoods.
Listing Contact Information
