Contacts
Matt Cosentino
TerraCRG
Remi Norris
TerraCRG
Daniel Chung
TerraCRG
Michael Hernandez
TerraCRG
Property Details
- Property Type Mixed Use
- Property Size 7,980 SF
- Units 6
- Lot Size 2,100 SF
- Additional Rent Contact for pricing
- # of Floors 4
- Property Tenancy Multi-Tenant
- Year Built 1910
- Date Updated May 28, 2024
TerraCRG has been retained to exclusively represent ownership in the sale of 465 Marcus Garvey Blvd – an 8-unit corner mixed-use building located in the heart of the Stuyvesant Heights Historic District of Bedford-Stuyvesant. The Stuyvesant Heights Historic District features some of the best brownstone properties in all of New York City.
The building also has low expenses because the property is tax class 2B (Tax Class Protected) and the retail tenants are separately metered for gas and water. Also, the free market residential units have upside potential as market rent for those units is $3,500/month.
The property is ideally located ~2 blocks from the Kingston-Throop A/C subway line providing express service into Manhattan in minutes. It is also located right in the middle of some of the best restaurants in Brooklyn, including Saraghina, Peaches and Chez Oskar.
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Highlights
- 3 fully renovated Free Market residential units (each unit being a large 3 bedroom and 2 of these units have 2 bathrooms)
- 3 rent stabilized residential units (one of which has a legal rent of $2,390/month)
- 1 Vacant Corner Retail Store
- 1 Occupied Retail Store that has a long-term very stable retail tenant
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Brooklyn, NY
- Neighborhood Bedford-Stuyvesant
- Zip Code 11216
- Market Brooklyn
Points of Interest
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Kingston–Throop Avenues
0.19 miles
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Nostrand Avenue Station Entrance
0.54 miles
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Kingston Avenue
0.85 miles
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Crown Heights–Utica Avenue
0.92 miles
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Kosciuszko Street
0.96 miles
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Franklin Avenue
0.96 miles
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Gates Avenue
0.99 miles
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Bedford–Nostrand Avenues
1.02 miles
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Halsey Street
1.16 miles
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Rockaway Avenue Station
1.26 miles
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Shell
0.37 miles
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Xpress Lane
0.40 miles
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BP
0.41 miles
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Speedy Gas
0.57 miles
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Mobil
0.85 miles
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Sunoco
0.90 miles
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Pure Energy
0.94 miles
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Exxon
1.15 miles
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Revel
1.41 miles
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Tesla Supercharger
1.54 miles
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Cielo Garage
1.49 miles
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Underhill Garage
1.50 miles
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The Brooklyn Museum and Botanic Garden
1.58 miles
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Kings County Parking Garage
1.72 miles
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Havens Place Lot
1.79 miles
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MMP Parking LLC
1.84 miles
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Rapid Park
1.89 miles
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School bus parking
2.16 miles
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Garfield Garage
2.17 miles
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Car Park Systems
2.52 miles
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Mirage Brooklyn
0.38 miles
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La Quinta
0.68 miles
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The Brooklyn Hotel
0.74 miles
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The Brooklyn Riviera Hostel
0.83 miles
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Artel 535
0.92 miles
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Holiday Inn Express
0.93 miles
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Marina Hotel
1.09 miles
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Days Inn
1.44 miles
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Illumination Bed & Breakfast
1.45 miles
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Hotel Bogart Street, Brooklyn
1.59 miles
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Fine Fare
0.06 miles
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Met Fresh
0.36 miles
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Super Foodtown Of Bed-Stuy
0.38 miles
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Associated
0.40 miles
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Ideal Food Basket
0.48 miles
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Halsey Trader's Market
0.49 miles
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Shop Fair Supermarket
0.58 miles
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Bravo
0.62 miles
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Wholesome Farms Market
0.66 miles
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Peoples Department Stores
0.94 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.