343 A Tompkins Avenue
Multifamily | 3 Units | $665,000/unit
Marketing description
Investment Property Realty Group (IPRG) is pleased to present for sale 343A Tompkins Avenue, a brownstone-style mixed-use building located in the Bedford-Stuyvesant section of Brooklyn. Situated between Monroe Street and Madison Street, the property is positioned along the emerging boutique retail corridor of Tompkins Avenue, which has seen an influx of independent food, beverage, and neighborhood retail operators in recent years.
The property consists of two residential units over one ground-floor retail space. The building has been fully renovated, including a gut renovation of the retail space, which is currently being used by the owner, will be vacating in the fall and is concurrently being offered for lease.
The property is built 20 ft. x 50 ft. on a 20 ft. x 80 ft. lot and features a finished rear yard with a wooden deck accessible to the ground floor. Additional benefits include Tax Class 1 status and unused air rights within an R6A, C2-4 zoning district.
Investment highlights
- Cross streets: monroe street & Madison street
- Block & lot: 01820-0008
- Tax class / annual taxes: class 1 / $5,318
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