For sale

$7,000,000

1231 Bedford Ave, Brooklyn, NY 11216

--beds

9,900sqft

Mixed Use

Built in 1899

4,800 Square Feet Lot

$-- Zestimate^®

$707/sqft

$-- HOA

What's special

The sale of three adjoining mixed-use properties at 1231, 1233 and 1235 Bedford Avenue. The portfolio is offered only as a single package and contains 12 rent stabilized one-bedroom apartments and four commercial units. All commercial units will be delivered vacant and free of commercial tenancies at closing. INVESTMENT THESIS Vacant commercial delivery creates immediate leasing and repositioning optionality. Four vacant residential apartments and two pending create additional value-add potential, subject to applicable law. Reported development potential materially exceeds the existing building area, subject to independent architectural and legal verification. All-cash and third-party financed acquisitions will be considered with appropriate proof of funds or lender support and customary due diligence.

18 days

346

10

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 1
1/2 bathrooms: 1

Heating

Oil, Hot Water

Appliances

Included: Hot Water Coil in Boiler

Features

Flooring: Linoleum
Doors: Doors - 11-15 ft
Basement: Sub-cellar

Interior area

Total structure area: 9,900
Total interior livable area: 9,900 sqft

Property

Parking

Parking features: None

Features

Stories: 3

Lot

Size: 4,800 Square Feet
Dimensions: 60x80
Features: Back Yard

Details

Foundation area: 1100
Parcel number: 018420007
Zoning: C4-5D
Special conditions: Arm's Length

Construction

Type & style

Home type: SingleFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Materials

Brick
Foundation: Stone
Roof: Asphalt/Tar

Condition

Year built: 1899

Utilities & green energy

Electric: Other

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Brooklyn

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $707/sqft
Tax assessed value: $1,874,000
Annual tax amount: $14,340
Date on market: 7/17/2026
Cumulative days on market: 19 days
Total actual rent: 312000

Estimated market value

Not available

Estimated sales range

Not available

$4,879/mo

Price history

Date	Event	Price
7/17/2026	Listed for sale	$7,000,000$707/sqft
Source: BNYMLS #503101 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,839 +2%	$112,440 +4.8%
2024	$4,745	$107,340 +13.2%
2023	--	$94,860 +27.4%
2022	--	$74,460 +7.4%
2021	--	$69,300 +45.8%
2020	$4,301 +3.2%	$47,520 +14.9%
2019	$4,168 +7.2%	$41,340 +122.5%
2018	$3,886 +3.8%	$18,576 +1.2%
2017	$3,743 +6.6%	$18,360 +2.3%
2016	$3,510	$17,949 +6%
2015	$3,510 +68%	$16,934 +3.2%
2014	$2,089	$16,408

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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