Contacts
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elliott arkin
Home By Choice
Property Details
- Property Type Mixed Use
- Property Size 4,400 SF
- Units 2
- Lot Size 0.04 Acre
- Cap Rate % 6.65
- Taxes / YR $4,261.00
- # of Floors 3
- Property Tenancy Multi-Tenant
- Year Built 1899
- Date Updated Jul 1, 2025
Large Mixed-use building - Extra Wide 22' - Corner Building great upside potential.
CONTRACT FELL THROUGH!!!!....just back on the market.
493 Tompkins Ave - aka 3 Decatur Street
Prime Bed Sty neighborhood location
Building: 22' X 50'lot: 22' X 70
Nice backyard - with the possibility of creating a curb cut.
Currently: 3300sqf plus fully useable basementFAR: 3, total buildable : 4640sqft.
Currently set-up as a 3Br apartment on 2nd floor, large 2br unit on the 3rd floor (easily converted to 3br), and ground floor large commercial space with full basement.
Excellent condition:all free marketResidential Units will be delivered vacant - potential rent roll - over $160,000/yr.
as is NOI:$120,000
low taxes: $4,241/yr
Total expenses only - $22,000
1st Floor - commercial - Rent: $5,025 with 5% increases each year, pays 1/2 water bill - Lease ends 2028
2nd Floor - 3 BR / 1bth with backyard access - month to month - can be delivered vacant.
3rd floor - large 2br...easily converted to 3br - currently vacant - can be rented for $3500/mo.
total projected rent roll - $12,025/mo.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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97/100
Walk Score ®
-
100/100
Transit Score ®
-
80/100
Bike Score ®
Location
- City Brooklyn, NY
- Neighborhood Bedford-Stuyvesant
- Zip Code 11216
- Market Brooklyn
Points of Interest
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Kingston–Throop Avenues
0.13 miles
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Nostrand Avenue Station Entrance
0.26 miles
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Franklin Avenue
0.66 miles
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Kingston Avenue
0.77 miles
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Bedford–Nostrand Avenues
0.84 miles
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Crown Heights–Utica Avenue
1.02 miles
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Classon Avenue
1.06 miles
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International Car Service
1.09 miles
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Kosciuszko Street
1.16 miles
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Eastern Parkway - Brooklyn Museum
1.24 miles
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BP
0.16 miles
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Xpress Lane
0.18 miles
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Shell
0.52 miles
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Mobil
0.56 miles
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Speedy Gas
0.83 miles
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Sunoco
0.97 miles
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Pure Energy
1.11 miles
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Tesla Supercharger
1.27 miles
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Revel
1.36 miles
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plugNYC
2.26 miles
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Underhill Garage
1.20 miles
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Cielo Garage
1.21 miles
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The Brooklyn Museum and Botanic Garden
1.30 miles
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Rapid Park
1.59 miles
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Kings County Parking Garage
1.67 miles
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Garfield Garage
1.87 miles
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MMP Parking LLC
2.05 miles
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Havens Place Lot
2.07 miles
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Car Park Systems
2.24 miles
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Ultra Car Park Systems
2.31 miles
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Mirage Brooklyn
0.18 miles
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La Quinta
0.39 miles
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The Brooklyn Hotel
0.44 miles
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The Brooklyn Riviera Hostel
0.57 miles
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Artel 535
1.14 miles
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Holiday Inn Express
1.16 miles
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Illumination Bed & Breakfast
1.18 miles
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Marina Hotel
1.37 miles
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Condor Hotel
1.44 miles
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New York Moore Hostel
1.68 miles
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Super Foodtown Of Bed-Stuy
0.08 miles
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Met Fresh
0.18 miles
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Fine Fare
0.28 miles
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Bravo
0.32 miles
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Wholesome Farms Market
0.37 miles
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Ideal Food Basket
0.49 miles
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Associated
0.51 miles
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Key Food Urban Market
0.52 miles
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Key Food
0.52 miles
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Beyond 2 Natural Market
0.55 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
elliott arkin
Home By Choice
