3,420 Sq. Ft.
$585 / Sq. Ft.
3,420
Sq. Ft.
$585
per Sq. Ft.

Description

Welcome to this unique investment opportunity with this well-maintained Single Room Occupancy (SRO) property in the heart of Bedford Stuyvesant, featuring a blend of functional and appealing living spaces. This versatile building includes:
One-Bedroom Apartment: Located on the ground level, this spacious apartment offers easy access, ample living space, and a private backyard, ideal for outdoor relaxation and enjoyment.
Studio Apartment: Situated on the first floor, this charming studio provides
...Welcome to this unique investment opportunity with this well-maintained Single Room Occupancy (SRO) property in the heart of Bedford Stuyvesant, featuring a blend of functional and appealing living spaces. This versatile building includes:

One-Bedroom Apartment: Located on the ground level, this spacious apartment offers easy access, ample living space, and a private backyard, ideal for outdoor relaxation and enjoyment.

Studio Apartment: Situated on the first floor, this charming studio provides a cozy and efficient living area, perfect for individuals seeking a low-maintenance residence or as a high-demand rental unit.

Four Additional Rooms: The property includes four distinct rooms on the second and third floors that can be used as individual rental units or converted into additional living spaces. These rooms offer flexibility for various configurations and can accommodate a range of tenant needs.

Partially Finished Basement: The basement presents additional potential with its partially finished state. This versatile area can be developed into a communal space, or utilized for storage, enhancing the property's value and appeal.

In addition to its current setup, the building offers a compelling opportunity for future development. With appropriate permits, it can be converted into individual condominium units, making it an attractive option for investors looking to maximize returns through condo conversion.

Whether you are an experienced investor or new to the real estate market, this property provides significant growth and return potential. Seize this opportunity to expand your investment portfolio with a versatile and lucrative asset!
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Amenities

  • Private Yard
  • Hardwood Floors
  • High Ceilings
  • Walk Up
  • Eat-in Kitchen
  • Basement
  • Baseboard Heating
  • Back Yard
LISTING UPDATED: 01/27/2025 11:09 PM

Property Details for 351 Jefferson Avenue

StatusExclusive Expired
Days on Market179
Taxes$864 / month
Maintenance-
Min. Down Pymt20%
Total Rooms11.0
Compass TypeMulti Family
MLS Type-
Year Built1900
Lot Size1,525 SF / 19' x 80'
CountyKings County
Buyer's Agent Compensation3%

Building

351 Jefferson Ave

4 Units3 StoriesBuilt in 1900
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Building Information for 351 Jefferson Avenue

Stories3Residences4Year Built1900Building Size19' x 45'Building Sq. Ft2,565 SFLot Size1,525 SF / 19' x 80'Building Age-Building Type-

Payment Calculator

$10,935 per month

30 year fixed, 6.46% Interest

Principal and Interest

$10,071

Property Taxes

$864

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property History for 351 Jefferson Avenue

DateEvent & SourcePriceAppreciation
Jan 27, 2025

Temporarily Off Market

Manual

Aug 1, 2024

Listed (Active)

Manual

$1,999,999
DateEvent & SourcePrice
01/27/2025

Temporarily Off Market

Manual

08/01/2024

Listed (Active)

Manual

$1,999,999

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 351 Jefferson Avenue

Taxable ValueLand$14,850Additions$405,900Total$420,750
Home Facts
Total Finished SqFt3,420 SqFtLot Size1,525 SqFtYear Built1900ZoningR6AAPN3018300076

Schools near 351 Jefferson Avenue

This home is within New York City Geographic District #13.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 10 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 44 Marcus Garvey
PublicPK to 5

Restoration Academy
Public6 to 8

Brooklyn Academy High School
Public10 to 12

Bedford Academy High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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