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9,900 sqft

$6,500,000

1231 Bedford Avenue, Brooklyn NY, 11216

Price per sqft$656.57
Built in1899
Property size9,900 sqft
Property typeMulti-family

Overview

Active

Listed Jul 17, 2026

Updated 2 weeks ago

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.

$43,245/mo

Est. mortgage payment based on a $6,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
503101

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$14,340
Tax Frequency
Annually

Listed by Leclercson (Andy) Sarrazin with Sarrazin Estates LTD
Listing Contact: 7184621247 

Based on information from Brooklyn Board of REALTORS®. Data last updated 8/31/2026. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Claudette Rolling Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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