Exceptional investment opportunity to acquire a well positioned mixed use building in the heart of Bedford Stuyvesant.
| Website: | https://www.nestseekers.com/5599487 |
|---|---|
| Address: | 350 Malcolm X Boulevard Brooklyn, NY 11233 |
| Cross street: | Park Avenue |
| Type: | Low-rise |
| Era: | Post-war |
| Floors: | 3 |
| Ownership: | Mixed Use |
|---|---|
| Rooms: | 12 |
| Bedrooms: | Studio |
Financials
Price:$1,750,000
Real estate tax:$2,772
Description
Exceptional investment opportunity to acquire a well-positioned mixed-use building in the heart of Bedford-Stuyvesant. Combining stable in-place income with future upside, 350 Malcolm X Boulevard features a ground-floor retail space occupied by a long-term commercial tenant, complemented by two floor-through one-bedroom apartments on the upper levels.
Situated along the vibrant Malcolm X Boulevard corridor, the property is surrounded by an ever-growing collection of neighborhood cafeĢs, restaurants, and independent retailers. Local favorites include Saraghina, Peaches, L'Antagoniste, and Casablanca Cocktail Lounge, all contributing to the area's dynamic and highly desirable atmosphere.
Outdoor recreation is close at hand with Fulton Park and Saratoga Park offering green space, athletic facilities, playgrounds, and community programming throughout the year. The property also enjoys convenient access to public transportation, with the A and C subway lines at Utica Avenue and the J train at Halsey Street providing straightforward access to Downtown Brooklyn and Manhattan.
Offering immediate cash flow, long-term appreciation potential, and a prime location in one of Brooklyn's most sought-after neighborhoods, 350 Malcolm X Boulevard presents a rare opportunity for both seasoned investors and 1031 exchange buyers alike. Please contact us directly for a full setup of the property.
578 Driggs Avenue Brooklyn, NY 11211 Phone: +1 718-302-0900 Fax: +1 718-228-3917 | |
| Listing Courtesy of Compass | |
Floorplan