A ti yan wa ni iyasọtọ lati ṣeto títà 171 Bedford Avenue, ohun-ini lilo adalu kan tó ní ilẹ̀ mẹ́ta pẹ̀lú cellar, tí ó sì ní ààyè ẹsẹ̀ onígun 6,044 SF, tí ó wà lẹ́gbẹ̀ẹ́ ọ̀kan lára àwọn opopona ọjà tí ó ti dágbà jù lọ tí àwọn ènìyàn sì ń fẹ́ràn jù lọ ní Brooklyn, ní àárín Williamsburg. Ohun-ìní náà ní ààyè ìṣòwò ní ilẹ̀ ìsàlẹ̀ pẹ̀lú àwọn yúnítì ibùgbé ńlá méjì tí ọ̀kọ̀ọ̀kan ní yàrá mẹ́rin lókè. Ó tún ní àǹfààní Tax Class 1 tí a dáàbò bò, àti owó-ori ohun-ìní tó kéré gan-an—tó jẹ́ nǹkan bíi $21,500 lọ́dọọdún.

Apá ibùgbé náà ń fúnni ní àǹfààní àfikún iye lẹ́sẹ̀kẹsẹ̀, nítorí pé àwọn àpàtẹ́ẹ̀mẹ́ńtì ilẹ̀ kejì àti ilẹ̀ kẹta ń mú owó ná $4,200 àti $4,600 lọ́wọ́ lóṣù, lẹ́sẹ̀sẹ̀ (tó tó nǹkan bíi $36/SF). Àwọn yúnítì méjèèjì wà lábẹ́ ètò ayálégbé oṣù sí oṣù, nígbà tí àwọn àpàtẹ́ẹ̀mẹ́ńtì tó jọra ní agbègbè yìí ń ṣe àtìlẹ́yìn fún iye tó tó $90/SF—èyí tó ju iye tó wà lọ nísinsìnyí ní ìlọ́po méjì. Àwọn ètò ìpínlẹ̀ ńlá tí ń bo gbogbo ilẹ̀ fúnra rẹ̀ ń pèsè àǹfààní tó fani mọ́ra fún àtúnṣe àti yíyí ìlò padà, pẹ̀lú agbára láti pọ̀ sí owó tí ohun-ìní náà ń mú wọlé lọ́nà pàtàkì.

Oníbàárà ilé-iṣẹ́ optics tó ti wà níbẹ̀ fún ìgbà pípẹ́ ni ó ń gba ààyè ìṣòwò ilẹ̀ ìsàlẹ̀, ó sì ń san nǹkan bíi $17,000 lóṣù (~$86/SF gẹ́gẹ́ bí ìṣirò ààyè tó ń ṣiṣẹ́), pẹ̀lú ìfikún 3% lọ́dọọdún àti ìwé ayálégbé tó máa wà títí di Oṣù Keje 2029. Àwọn ilé ìṣọ́fà Bedford Avenue tó jọra ń sún mọ́ $200/SF, èyí sì ń dá àǹfààní ńlá sílẹ̀ láti mú iye ayálégbé bá ọjà mu nígbà tí ìwé ayálégbé bá parí. Cellar àti ẹ̀yìn-ọ̀gbà tí a kò lò lọ́wọ́lọ́wọ́ tún ń pèsè àwọn àǹfààní míì láti mú iye ohun-ìní náà pọ̀ sí i. Ilẹ̀ tó jẹ́ 25’ × 100’ náà tún ń pèsè àǹfààní fún ìdàgbàsókè ní ọjọ́ iwájú.

Pẹ̀lú ipò olókìkí rẹ̀ lórí Bedford Avenue, àǹfààní ìdàgbàsókè pàtàkì nínú àwọn apá ibùgbé àti ìṣòwò méjèèjì, àti ẹrù owó-ori tó kéré lọ́nà àjèjì, 171 Bedford Avenue jẹ́ àǹfààní ìdókòwò Williamsburg tó fani mọ́ra fún fífikún iye.

We have been retained on an exclusive basis to arrange for the sale of 171 Bedford Avenue, a three-story+cellar, 6,044 SF mixed-use property located along one of Brooklyn’s most established and sought-after retail corridors in the heart of Williamsburg. The property consists of ground-floor commercial space with two large four-bedroom residential units above. It further benefits from protected Tax Class 1 status and exceptionally low current real estate taxes of approximately $21,500 annually.

The residential component offers an immediate value-add opportunity, with the second- and third-floor apartments currently generating just $4,200 and $4,600 per month (approximately $36/SF). Both units are occupied on a month-to-month basis, while nearby comparable apartments support approximately $90/SF—more than double the existing level. The large, full-floor layouts provide an attractive opportunity for renovation and repositioning with the potential to materially increase income.

The ground-floor retail is occupied by a long-standing optical tenant paying approximately $17,000 per month (~$86/SF on an effective-area basis), with 3% annual increases and a lease extending through July 2029. Comparable Bedford Avenue storefronts are approaching $200/SF, creating substantial mark-to-market potential at lease expiration, while the currently unused cellar and rear yard offer additional opportunities to enhance the property. The 25’ × 100’ lot also provides longer-term development flexibility.

With a premier Bedford Avenue location, significant upside across both the residential and commercial components, and an unusually low tax burden, 171 Bedford Avenue presents a compelling Williamsburg value-add investment opportunity.