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308 Tompkins Ave
Brooklyn, NY 11216 Bedford-Stuyvesant

$2,750,000 USD

Apartments For Sale  •  4,618 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,618 SF
  • Lot Size 0.04 AC
  • Building Class C
  • Year Built 1931
  • Cap Rate 6.63 %
  • Zoning R6A
100 Transit Score
100 Walk Score

Highlights

Renovated 4-story mixed-use building located in the heart of Bedford-Stuyvesant, Brooklyn
3 residential apts and 1 ground-floor retail store, delivering strong in-place cash flow with an established commercial tenant
Free-market residential income.
Total building area is approximately 4,620 SF
The property benefits from protected tax status, resulting in exceptionally low annual taxes of only $6,595
a well-located, renovated, cash-flowing mixed-use asset in Bed-Stuy at $595/SF

Property Flyers

Cap Rate: 6.63 %

Major Tenants

Tenant SF Occupied Lease End Date
Shop Pizza

Public Transportation

Commuter RailDriveWalkDistance
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 3 min 16 min 0.8 mi
7 min - 2.0 mi
Transit/SubwayDriveWalkDistance
Bedford-Nostrand Avenues (G - New York MTA Subway (The Subway)) 3 min 12 min 0.6 mi
Kingston-Throop Avenues (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 2 min 13 min 0.6 mi
Myrtle-Willoughby Avenues (G - New York MTA Subway (The Subway)) 3 min 13 min 0.7 mi
Nostrand Avenue (A,C Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 3 min 15 min 0.8 mi
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 3 min 16 min 0.8 mi
AirportDriveWalkDistance
LaGuardia 21 min - 9.7 mi
John F Kennedy International 25 min - 11.1 mi
Newark Liberty International 32 min - 16.5 mi
Steve Reynolds 718-360-2993 Investment Property Realty Group
Steve Reynolds 718-360-2993 Investment Property Realty Group