Corner Four Story Brick Building for Sale W/4 Garages & 35FT Frontage on Lewis Avenue/Jefferson Ave in Prime Bed Stuy
307 Lewis Ave , also known as 567 Jefferson Ave, is located on the northeast corner of Jefferson Ave and Lewis Ave in Bed Stuy. The building is a 6 family residential building with six rental apartments & deli, plus one of the largest assemblages of garages, (four),in Bed Stuy, just down the street from the well known restaurant, Saraghina. It is a massive 23 x 100 FT lot/four story building with a a total of 6785SF breaking down as four garages, (805 SF),plus a four story, residential building,(5980SF). The garages are on the Lewis Avenue side of the building and have approximately 35 feet in frontage.
The apartments are rent stabilized and have been modernized, improved and renovated. There are 3 one bedrooms and 3 two bedroom apartments and 2 apartments will be vacant at closing.. The building has been well maintained and the mechanicals are in good working order.
Stories:4 W/Full Basement
Total SF: 6785 SF
Building/Apt SF: 4485 SF
Store/Deli sf: 1495 SF
Garages #: 4
Overall Garage Dimensions: 23x35
Garage Frontage onJefferson:35 FT
Garage total SF: 805 SF
Apartments: 6 Total
Rental Income: $142K
Total Expenses: $39.6K
Present NOI: $101.9K
Projected NOIWith Rentalof Garages: $149.9K
Courtesy of: Douglas Elliman 664 Fulton
Office Phone: 718.715.7000
Listing Agent: Kathleen Perkins
Updated: 17th August, 2018 5:57 PM.
567 Jefferson Avenue Brooklyn, NY