285 – 287 Quincy Street, Brooklyn, NY 11216

For Sale: 285 - 287 Quincy Street

285 - 287 Quincy Street, Brooklyn, NY 11216
Asking Price $8,500,000
Type Multifamily
Neighborhood Bedford-Stuyvesant
Properties 2
Lot Size 57.5'x124.17'
Zoning Code R6
Size 31,065 SF – 25,888 SF Above Grade
Stories 5
Units 21
Air Rights

Investment Highlights:

Meridian Investment Sales is pleased to present exclusively for sale 285 – 287 Quincy Street, a five-story + lower level walkup apartment building with 21 apartments (95 rooms) including one legal apartment with the as-of-right opportunity to be constructed in the lower level. Built in 1931, the property has 25,888± SF above grade and 5,177± usable SF in the lower level and is within walking distance to the Bedford-Nostrand Avenue [#G] Subway Stop. The property is located on a tree-lined block with a landscaped entrance. The units are large and there is rental upside with low monthly average rents ($1,581).

Location:

Located on Quincy Street between Nostrand and Marcy Avenues

Property Listing Contact:

Amit Doshi // Senior Managing Director // 800 3rd Ave., New York, NY // 212.468.5959 // adoshi@meridiancapital.com 

Shallini Mehra // Managing Director // 800 3rd Ave., New York, NY // 212.468.5958// smehra@meridiancapital.com