Marcus & Millichap - Tri Borough Multi-Family

950-952 Bergen Street

950 Bergen Street
Crown Heights, Brooklyn

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Year Built: 1931
Building Size: 16224 Square Feet
Property Type: Multi Family
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew.Fotis@marcusmillichap.com
Zachary Cohen
Tel: 212-430-6142
Zachary.Cohen@marcusmillichap.com
Property Status: For Sale
Description:

Marcus & Millichap is pleased to offer 950-952 Bergen Street between Bedford Avenue and Franklin Avenue in the Crown Heights section of Brooklyn, New York.

The subject property, 950-952 Bergen Street is comprised of two four-story multifamily buildings that consists of twenty residential apartments, of which seven are free market and thirteen are rent stabilized. There are six studios, two one-bedrooms, seven two-bedrooms, and five three-bedrooms.

Each building is built 26 feet by 78 feet and sits on a 52 foot by 100.33 foot lot with approximately 16,244 gross square feet. The property is zoned R7A, C2-4 allowing for approximately 4,645 gross square feet of available air rights (Block: 01217, Lot: 0012)

This property offers investors the opportunity to purchase two multifamily buildings with renovated apartments, an attractive unit mix and a low average rent steps away from Franklin Avenue in the Crown Heights section of Brooklyn, New York.