950 Bedford Aveneue - SETUP
Development – Brooklyn
950 Bedford Avenue, Brooklyn, NY 11205 6,668 BSF Bedford-Stuyvesant Property Information Address: Neighborhood: Cross Streets: Block & Lot: Lot Size:
For more information, please contact Exclusive Marketing Team
950 Bedford Ave Brooklyn, NY 11205 Bedford Stuyvesant Dekalb and Willoughby 1928-48 16.67 ft x 100 ft
Ofer Cohen
Founder & President [email protected]
Lot Information Building Class: Zoning: Lot SF: FAR: Gross BSF:
Dan Marks
V1 C2-4/R7a 1,667 4.0 6,668
Partner [email protected]
Adam Courtney
TerraCRG has been retained to exclusively represent ownership in the sale of a residential development site at 950 Bedford Avenue in prime Bedford-Stuyvesant Brooklyn. The C2-4/R7A zoned 1,667 square foot lot measures 16.67 ft x 100 ft. As of right buildable square feet is 6,668. The site is perfect for a single family townhouse or a multi-unit rental/condo building. Several new construction buildings have gone up in the area and prices for both rental and condos are steadily increasing.
Associate Vice President [email protected]
718-768-6888
The site is located across the street from a beautiful community garden and is just a block from the Bedford/Nostrand G train and a 10 minute walk to the A/C at Nostrand Ave. Bedford Avenue is also an express bus route making this location very convenient for travel both within Brooklyn and into Manhattan. Bedford Stuyvesant is one of the most dynamic real estate submarkets in New York. Dollar volume for commercial transactions in Bedford-Stuyvesant exceeded $475 Million in 2015. In particular, this specific section of Bedford-Stuyvesant has seen an enormous influx of a new residents which are pushing rents and sales of condos and brownstones to compete with more established areas such as Fort Greene, Clinton Hill and Prospect Heights. To these new residents, Bed-Stuy is quickly becoming a highly desirable first choice destination, rather than an affordable alternative to other neighborhoods. Condo prices in the immediate area are projected between $800 to $1,000/SF, rental rates have been climbing north of $50/SF, and brownstones have started achieving prices above $2 million. There are many newer exciting retailers that have opened in the area, in order to cater to the new buyers and renters in the area, including: Choice Market, the Black Swan, Dough Bakery, Pilar Cuban Eatery, Colador Café, Nero Dero etc. There are also many national retailers within very close proximity to the property including Home Depot and Chase Bank.
N 950 Bedford Avenue
Asking Price
$1,300,000 TerraCRG I Licensed Real Estate Broker I 634 Dean Street, Brooklyn, NY 11238 I P: 718-768-6888 I F: 718-768-6288 | terracrg.com The information provided herein has either been given to us by the owner of the property or was obtained from sources we deem reliable. We do not guarantee the accuracy of any information. All zoning, existing square feet of buildings, available buildable square feet, permitted uses and any other information provided herein must be independently verified by prospective purchasers. The value of any real estate investment is dependent upon a variety of factors, including income, vacancy rates, expense estimates, tax brackets and general market assumptions, all of which should be evaluated by your tax advisor and/or legal counsel. Prospective buyer and tenants should carefully verify each item of information Citiherein. Bike
950 Bedford Avenue, Brooklyn, NY 11205 6,668 BSF Bedford-Stuyvesant Property Information Address: Neighborhood: Cross Streets: Block & Lot: Lot Size:
For more information, please contact Exclusive Marketing Team
950 Bedford Ave Brooklyn, NY 11205 Bedford Stuyvesant Dekalb and Willoughby 1928-48 16.67 ft x 100 ft
Ofer Cohen
Founder & President [email protected]
Lot Information Building Class: Zoning: Lot SF: FAR: Gross BSF:
Dan Marks
V1 C2-4/R7a 1,667 4.0 6,668
Partner [email protected]
Adam Courtney
TerraCRG has been retained to exclusively represent ownership in the sale of a residential development site at 950 Bedford Avenue in prime Bedford-Stuyvesant Brooklyn. The C2-4/R7A zoned 1,667 square foot lot measures 16.67 ft x 100 ft. As of right buildable square feet is 6,668. The site is perfect for a single family townhouse or a multi-unit rental/condo building. Several new construction buildings have gone up in the area and prices for both rental and condos are steadily increasing.
Associate Vice President [email protected]
718-768-6888
The site is located across the street from a beautiful community garden and is just a block from the Bedford/Nostrand G train and a 10 minute walk to the A/C at Nostrand Ave. Bedford Avenue is also an express bus route making this location very convenient for travel both within Brooklyn and into Manhattan. Bedford Stuyvesant is one of the most dynamic real estate submarkets in New York. Dollar volume for commercial transactions in Bedford-Stuyvesant exceeded $475 Million in 2015. In particular, this specific section of Bedford-Stuyvesant has seen an enormous influx of a new residents which are pushing rents and sales of condos and brownstones to compete with more established areas such as Fort Greene, Clinton Hill and Prospect Heights. To these new residents, Bed-Stuy is quickly becoming a highly desirable first choice destination, rather than an affordable alternative to other neighborhoods. Condo prices in the immediate area are projected between $800 to $1,000/SF, rental rates have been climbing north of $50/SF, and brownstones have started achieving prices above $2 million. There are many newer exciting retailers that have opened in the area, in order to cater to the new buyers and renters in the area, including: Choice Market, the Black Swan, Dough Bakery, Pilar Cuban Eatery, Colador Café, Nero Dero etc. There are also many national retailers within very close proximity to the property including Home Depot and Chase Bank.
N 950 Bedford Avenue
Asking Price
$1,300,000 TerraCRG I Licensed Real Estate Broker I 634 Dean Street, Brooklyn, NY 11238 I P: 718-768-6888 I F: 718-768-6288 | terracrg.com The information provided herein has either been given to us by the owner of the property or was obtained from sources we deem reliable. We do not guarantee the accuracy of any information. All zoning, existing square feet of buildings, available buildable square feet, permitted uses and any other information provided herein must be independently verified by prospective purchasers. The value of any real estate investment is dependent upon a variety of factors, including income, vacancy rates, expense estimates, tax brackets and general market assumptions, all of which should be evaluated by your tax advisor and/or legal counsel. Prospective buyer and tenants should carefully verify each item of information Citiherein. Bike
