$7,500,000
Active
1 days on market
171 Bedford Ave
📍 Williamsburg, Brooklyn, NY 11211
8.0
Beds
3.0
Baths
6,044
Sqft
$1,241
Per sqft
1910
Year built
Multi-family
Type
About this property
We have been retained on an exclusive basis to arrange for the sale of 171 Bedford Avenue, a three-story+cellar, 6,044 SF mixed-use property located along one of Brooklyn’s most established and sought-after retail corridors in the heart of Williamsburg. The property consists of ground-floor commercial space with two large four-bedroom residential units above. It further benefits from protected Tax Class 1 status and exceptionally low current real estate taxes of approximately $21,500 annually. The residential component offers an immediate value-add opportunity, with the second- and third-floor apartments currently generating just $4,200 and $4,600 per month (approximately $36/SF). Bot
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Amenities & features
Key facts
Full-floor layouts
2,500 sq ft lot
Built 1910
Property details
Property typeMulti-family
Listing statusActive
Lot size2,500 sqft
Year built1910
Days on market1 days
MLS #RLS20113859
Estimated monthly payment
Listing price$7,500,000
Down payment (20%)$1,500,000
Loan amount$6,000,000
Principal & interest (7%, 30yr)$39,918/mo
Property tax (est.)$7,293/mo
Home insurance (est.)$3,125/mo
Estimated total$50,336/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.