Crystal Steam Building in Bedford Stuyvesant

862 Dekalb Avenue

Bed-Stuy/Ocean Hill

Residential Units 28
Commercial Units 3
Size 24,885 SF
Cross Streets Throop Ave + Marcus Garvey Blvd
Subways
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Mixed-Use 862 Dekalb Avenue, Bed-Stuy/Ocean Hill
Matthew Cosentino
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Overview

TerraCRG has been exclusively retained in the sale of 862 Dekalb Avenue – a New Construction mixed-use building in Bedford-Stuyvesant, Brooklyn.

The six-story building is 24,885 gross SF and comprised of modernized 28 residential units and 3 commercial units providing a great opportunity for new ownership. The projected gross annual income is $1,026,551 with an NOI of $911,991. Building amenities include a tenant lounge, gym, over 70% of the building has a private or semi-private outdoor space, and all of units have access to a roof deck.

Attractions

The building is located on Dekalb Avenue, which is surrounded by over five new construction projects in its immediate vicinity, as well as, several neighborhood retail hot spots which include Burley Coffee Shop, Vin de Table, Guacuco, and Julia Testa – a designer flower shop with locations in Manhattan and Brooklyn.

The property is only three blocks from the Bedford-Nostrand G train and four blocks from the Kosciuszko J train, providing an easy commute throughout Brooklyn and to Lower Manhattan.

Burley Coffee Shop
Vin de Table
Guacuco
and Julia Testa

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