540 Bainbridge St 6 Unit Apartment Building $3,456,250 CAD ($576,042 CAD/Unit) Brooklyn, NY 11233

Asset CRG Advisors has been exclusively retained to market 540 Bainbridge Street, Brooklyn, NY 11233, a fully renovated, free-market multifamily building in the Ocean Hill neighborhood of Brooklyn. The 5,585 SF, three-story property consists of six residential units, including one 4-bedroom, 1.5-bath unit, one 3-bedroom, 1.5-bath unit, and four 3-bedroom, 2-bath units. The building is permanently exempt from rent stabilization, offering investors flexibility in rental pricing and management. DHCR and floor plans are available upon request.
Ideally situated in Ocean Hill, the property benefits from the neighborhood’s continued development and strong rental demand. With proximity to the Chauncey Street [J, Z] and Halsey Street [J] subway stations, tenants enjoy convenient access to Manhattan and other parts of Brooklyn, further enhancing its appeal as a prime investment opportunity.
540 Bainbridge St, Brooklyn, NY 11233 is located in the Bedford-Stuyvesant neighborhood, known for its historic brownstones, vibrant cultural scene, and strong community atmosphere. The area offers a mix of residential and commercial spaces, with local shops, restaurants, and parks contributing to its lively environment. The property is conveniently positioned near public transportation, with the Chauncey Street [J, Z] and Halsey Street [J] subway stations providing direct access to other parts of Brooklyn and Manhattan. Several bus routes also serve the area, ensuring seamless connectivity. Bedford-Stuyvesant has experienced significant growth and revitalization in recent years, attracting new residents and businesses while maintaining its historic charm.