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950-952 Bergen St
Brooklyn, NY 11216 Crown Heights

$6,200,000 USD

Apartments For Sale • 8,112 SF

Property Details

Property Type Apartments
Total Building Size 16,224 SF
Lot Size 0.12 AC
Building Class B
Year Built 1931
Cap Rate 7.92 %
Zoning R7A / C2-4

100 Transit Score

96 Walk Score

                
                    Highlights
                
                                 Strong income profile with a mix of free-market and rent- stabilized apartments, providing both stable cash flow and upside potential.
                            
                                Many units have been renovated with modern finishes and rooftop skyline views, enhancing long-term tenant demand.
                            
                                Zoned R7A with C2-4 commercial overlay, offering significant development and mixed-use potential for future repositioning.
                            
                                Prime Crown Heights location, steps from multiple transit options, diverse dining, and retail—only 20 minutes to Manhattan.
                            
                                Well-maintained asset featuring handicap accessibility, excellent building upkeep, and consistent tenant retention.

Property Flyers

Brochure - 950-952 Bergen St, Brooklyn, NY

Cap Rate:

7.92 %

Amenities

Air Conditioning
Dishwasher
Washer/Dryer
Bay Window
Kitchen
Granite Countertops
Hardwood Floors
Oven
Stainless Steel Appliances
Range
Tub/Shower
Views
Dining Room
Private Bathroom
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
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	11 min	0.5 mi
	5 min	-	1.3 mi
Airport	Drive	Walk	Distance
LaGuardia	21 min	-	10.4 mi
John F Kennedy International	25 min	-	12.3 mi
Newark Liberty International	31 min	-	16.8 mi

Misha Haghani 212-867-3333 Paramount Realty USA

950-952 Bergen St Brooklyn, NY 11216 Crown Heights