NOT LISTED FOR SALE

1118 Bedford Ave Unit MIXEDUSE Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $1,768,500

4 Beds
4.5 Baths
-- Sq Ft
2009 Built

Sale Details

Date Sold: March 4, 2025

Last sale price $1,750,000

Est. 1% increase in value since last sale

Current estimated payment $11,265 / mo

156 Days on Market

Highlights

  • Deck
  • Views
  • Dining Area
  • No HOA

About This Home

As of March 2025

Prime Portfolio Property or Owner-User Opportunity.

1118 Bedford Ave is a large 21-foot-wide mixed-use building on coveted Bedford Ave surrounded by restaurants, coffee shops, bakeries, bars, grocery stores, the YMCA, etc. The building has a fully built-out ground floor commercial space & cellar (66 ft +/- deep) and two 2 bed / 2 bath residential units (1 with a private back deck).

The commercial unit is roughly 1,400 SF +/- on the ground floor and has another 1,000 + SF in the fully finished cellar.

The residential units are roughly 920 SF +/- per unit.

The commercial space is heated/cooled by HVAC on the ground floor, and there is a split unit in the cellar. Residential units are independently metered and have their own furnaces and hot water tanks.

The building has 4 electric meters, 3 gas meters, and 1 water meter.

Last Agent to Sell the Property

Joseph Dima

Corcoran Group License #10301216039 Listed on: 09/02/2024

Corcoran Group

Co-Listed By

Josiane Lysius

Corcoran Group License #10301203463

Last Buyer's Agent

Direct Deal Listing

Direct Deal License #A

Property Details

Home Type

  • Apartment

Year Built

  • Built in 2009

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 3-Story Property
  • Dining Area
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Deck
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 0026 / 01974

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Bedford Stuyvesant Subdivision

Amenities

  • No Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 2009

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • Architectural Style: Walk-Up
  • Entry Level: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Dining Area
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 4

Exterior Features

  • View: Other
  • View: Yes
  • Exterior Features: Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Rental Building

Lot Info

  • Zoning Description: R6A

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 2009

Tax Info

  • Tax Block: 01974
  • Tax Lot: 0026

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2024
Closed on
Mar 4, 2025
Sold by
Bought by
Seller's Agent
Joseph Dima
Corcoran Group
Buyer's Agent
Direct Deal Listing
Direct Deal
List Price
$1
Sold Price
$1,750,000
Premium/Discount to List
$1,749,999
174999900%
Views
21
Current Estimated Value
$1,768,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,500
Avg. Annual Appreciation
0.78%
Original Mortgage
$1,137,000
Outstanding Balance
$1,123,315
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$645,185

Purchase Details

Closed on
Sep 6, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 11, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,750,000 --
$1,750,000 --
-- --
-- --
$699,000 --
$699,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,137,000
Closed $1,137,000
Previous Owner $1,040,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/04/2025 03/04/25 Sold $1,750,000 -2.7% --
02/05/2025 02/05/25 Pending -- -- --
01/21/2025 01/21/25 Price Changed $1,799,000 -7.7% --
10/28/2024 10/28/24 Price Changed $1,950,000 +194999900.0% --
09/02/2024 09/02/24 For Sale $1 -- --
Source: Real Estate Board of New York (REBNY)

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11006846

Real Estate Board of New York (REBNY)

APN: 01974-0026

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