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347 Bedford Ave 14 Unit Apartment Building $8,577,018 CAD ($612,644 CAD/Unit) Brooklyn, NY 11211
EXECUTIVE SUMMARY
Corner, mixed-use investment opportunity in the heart of Williamsburg.
The property boasts over 16,435 square feet.
Comprising 3 retail spaces and 14 apartments.
Residential unit breakdown: 4 are rent-stabilized, 2 are rent-controlled, and 8 are free market.
Built on a 4,109 square-foot lot, the property stands four stories high.
The building size is 47.5’x86.5’.
Impressive frontage on Bedford Avenue (over 47 feet) and 4th Street (over 86 feet).
Actual annual net operating income is $410,894, and a potential net operating income of $623,470.
The property boasts over 16,435 square feet.
Comprising 3 retail spaces and 14 apartments.
Residential unit breakdown: 4 are rent-stabilized, 2 are rent-controlled, and 8 are free market.
Built on a 4,109 square-foot lot, the property stands four stories high.
The building size is 47.5’x86.5’.
Impressive frontage on Bedford Avenue (over 47 feet) and 4th Street (over 86 feet).
Actual annual net operating income is $410,894, and a potential net operating income of $623,470.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $8,577,018 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $612,644 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| No. Units | 14 | Building Size | 17,335 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1910 |
| Zoning | R6/C2-3 - Medium density residential district | ||
| Price | $8,577,018 CAD |
| Price Per Unit | $612,644 CAD |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 17,335 SF |
| No. Stories | 4 |
| Year Built | 1910 |
| Zoning | R6/C2-3 - Medium density residential district |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 5 | - | - |
| 2+1.5 | 1 | - | - |
| 2+1 | 8 | - | - |
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 02431-0001 | Improvements Assessment | $1,372,442 CAD (2025) |
| Land Assessment | $259,344 CAD (2025) | Total Assessment | $1,631,787 CAD (2025) |
PROPERTY TAXES
Parcel Number
02431-0001
Land Assessment
$259,344 CAD (2025)
Improvements Assessment
$1,372,442 CAD (2025)
Total Assessment
$1,631,787 CAD (2025)
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347 Bedford Ave
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