1153 Bedford Ave
Sold

1153 Bedford Ave

1153 Bedford Ave, Brooklyn, NY 11216

$2,200,000

Asset CRG Advisors (‘AssetCRG’) is pleased to announce the sale of, 1153 Bedford Ave, Brooklyn, NY 11216. The stalled residential conversion in the Bedford-Stuyvesant neighborhood of Brooklyn has approved plans for eight condos, consisting of six 1-BR units, one 2-BR unit, and one studio. Approximately 25% ($635,000) of the work has been completed, including demo, excavation, and structural joists, with an additional $1,500,000 needed for completion. The property offers 5,403 net residential sellable square feet, with a projected sellout at $1,068 per sq. ft., totaling $5,775,000.

2,000 Sq.Ft. lot

Sadya Liberow

Sadya Liberow

Highlights

Area & Lot

  • Status Sold
  • Lot Area2,000 Sq.Ft.

Financial

  • Sales Price$2,200,000

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