Mixed Use in Bedford-Stuyvesant
An investment opportunity in the heart of North-Central Bed-Stuy, also known as Stuyvesant Heights. This classic 4,400 square foot four story brownstone consists of a commercial space on the ground floor and three floor-through free market residential units above. Located on Ralph Avenue right off Jefferson Street, the property is centrally located and surrounded by a mix of the areas go-to shops and restaurants while still maintaining a quiet, neighborhood feel.
The residential units blend well-maintained prewar details like high ceilings and decorative fireplaces with modern conveniences like updated kitchens with dishwashers and in-unit W/D. The current residential unit mix is one 1-bed 2-bath on the second floor and two 2-beds 2-baths on the third and fourth floors, each spanning 1,100 SF. A successful lifestyle brand bookstore currently operates out of the ground floor commercial space, which includes a finished basement below for additional storage.