1231 Bedford Ave Brooklyn, NY 11216
Bed-Stuy NeighborhoodEstimated payment $39,225/month
Highlights
- 4,800 Sq Ft lot
- 3-minute walk to Franklin Avenue (A,C,S Line)
- 2-minute walk to John Hancock Playground
- Hot Water Heating System
- Back Yard
About This Home
The sale of three adjoining mixed-use properties at 1231, 1233 and 1235 Bedford Avenue. The portfolio is offered only as a single package and contains 12 rent stabilized one-bedroom apartments and four commercial units. All commercial units will be delivered vacant and free of commercial tenancies at closing. INVESTMENT THESIS
Vacant commercial delivery creates immediate leasing and repositioning optionality.
Four vacant residential apartments and two pending create additional value-add potential, subject to applicable law.
Reported development potential materially exceeds the existing building area, subject to independent architectural and legal verification. All-cash and third-party financed acquisitions will be considered with
appropriate proof of funds or lender support and customary due diligence.
Property Details
Property Type
- Other
Est. Annual Taxes
- $14,340
Year Built
- Built in 1899
Lot Details
- 4,800 Sq Ft Lot
- Lot Dimensions are 80 x 60
- Back Yard
- Property is zoned C4-5D
Home Design
- Mixed Use
- Brick Exterior Construction
- Stone Foundation
- Asphalt Roof
Interior Spaces
- 9,900 Sq Ft Home
- 3-Story Property
- Linoleum Flooring
Utilities
- Hot Water Heating System
- Heating System Uses Oil
Community Details
- 12 Units
Listing and Financial Details
- Tax Block 1842
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $4,898 | $117,120 | $8,460 | $108,660 |
| 2025 | $4,745 | $112,440 | $8,460 | $103,980 |
| 2024 | $4,745 | $107,340 | $8,460 | $98,880 |
| 2023 | $4,527 | $94,860 | $8,460 | $86,400 |
| 2022 | $4,398 | $74,460 | $8,460 | $66,000 |
| 2021 | $4,533 | $69,300 | $8,460 | $60,840 |
| 2020 | $2,126 | $47,520 | $8,460 | $39,060 |
| 2019 | $4,119 | $41,340 | $8,460 | $32,880 |
| 2018 | $3,787 | $18,576 | $4,563 | $14,013 |
| 2017 | $3,743 | $18,360 | $4,839 | $13,521 |
| 2016 | $3,588 | $17,949 | $5,674 | $12,275 |
| 2015 | $2,089 | $16,934 | $6,418 | $10,516 |
| 2014 | $2,089 | $16,408 | $7,463 | $8,945 |
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 |
|---|---|---|---|---|
| 07/16/2026 07/16/26 | For Sale | $7,000,000 | -- | $707 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 503101
APN: 01842-0007
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