- For Sale Contact for pricing
- Property Type Multi-Family
- Property Size 52,557 SF
- Units 46
- Lot Size 18,342 SF
- # of Floors 23
- Parking Spaces Avail. 23
- Parking Ratio 0.44 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 1920
- Date Updated Oct 11, 2022
TerraCRG has been retained to exclusively represent ownership in the sale of 180 Bainbridge Street, a gut-renovated and beautifully restored one-of-a-kind multifamily property in the heart of the historic Stuyvesant Heights Historic District.
The former school features 46 residential units and 23 parking spaces and is over 50,000 gross square feet. The existing gross annual income is $1.55M and there is significant upside on the existing rents due to older leases being rented during Covid. Currently the average rent/SF is $55/SF, but the most recent leases are renting for between $60-80/SF. This property offers the unique opportunity to own a strong revenue generating property that also has significant upside.
Nestled in the Bedford-Stuyvesant/Stuyvesant Heights Historic District, the area features hundreds of historic row houses, small multifamily buildings, and churches built mostly in the late 19th century. The greater Bed Stuy area boasts a thriving restaurant, bar, and retail scene.
The A and C subway lines at Utica Avenue are two blocks away, and the LIRR at Nostrand Avenue is about a mile away.
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Contacts
Daniel Lebor
TerraCRG
(718) 768-6888
Matt Cosentino
TerraCRG
(718) 768-6888
Michael Hernandez
TerraCRG
(718) 768-6888
Location
Getting Around
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Walk Score ®
Very Walkable (89) -
Transit Score ®
Rider's Paradise (98) -
Bike Score ®
Bikeable (68)
- City Brooklyn, NY
- Neighborhood Bedford-Stuyvesant
- Zip Code 11233
- Market Brooklyn
Points of Interest
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Utica Avenue
0.12 miles
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Ralph Avenue
0.44 miles
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Kingston–Throop Avenues
0.58 miles
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Gates Avenue
0.73 miles
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Halsey Street
0.79 miles
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Crown Heights–Utica Avenue
0.83 miles
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Rockaway Avenue Station
0.85 miles
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Kosciuszko Street
0.88 miles
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Nostrand Avenue
0.98 miles
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Rockaway Avenue
1.01 miles
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Speedy Gas
0.25 miles
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BP
0.25 miles
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Shell
0.29 miles
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Speedway
0.46 miles
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Gulf
0.52 miles
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BP
0.79 miles
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Pure Energy
0.91 miles
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BP
0.92 miles
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Exxon
1.16 miles
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BP
1.18 miles
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Havens Place Lot
1.38 miles
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MMP Parking LLC
1.69 miles
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Kings County Parking Garage
1.78 miles
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Underhill Garage
1.90 miles
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Cielo Garage
1.91 miles
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The Brooklyn Museum and Botanic Garden
1.95 miles
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Rapid Park
2.27 miles
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Stop & Shop Parking
2.49 miles
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Garfield Garage
2.56 miles
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Car Park Systems
2.88 miles
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Nana Ramen
0.07 miles
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Chez Oskar
0.10 miles
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Trad Room
0.22 miles
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Celestino
0.23 miles
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Taj Masala
0.25 miles
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Peaches
0.27 miles
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Sunny Corner Restaurant
0.28 miles
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L'Antagoniste
0.29 miles
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Grandchamps
0.33 miles
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Besos
0.33 miles
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Boys and Girls High School
0.16 miles
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Public School 21
0.17 miles
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Public School 40 George W. Carver
0.43 miles
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Public School 243
0.45 miles
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Public School 5
0.49 miles
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Public School 129
0.60 miles
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Junior Academy
0.65 miles
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Public School 137
0.68 miles
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Public School 191
0.71 miles
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Brooklyn High School for Law and Technology
0.71 miles
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Brooklyn Kids Academy
0.76 miles
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Little Sun People
0.89 miles
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Bambi Day Care Center
1.09 miles
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Garden of Learning
1.11 miles
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Park Place Day Care
1.21 miles
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Tiny Monster Academy
1.31 miles
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Elite Early Childhood Learning Center
1.33 miles
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Friends of Crown Heights Educational Center
1.35 miles
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The Little Cool School
1.37 miles
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Children's Paradise Daycare
1.40 miles
