141 Tompkins Avenue
Three-story mixed-use brick building in Bedford-Stuyvesant, Brooklyn, offered at $1,650,000. The property is currently configured with six residential apartments and presents a significant value-add and redevelopment opportunity. Legal use consists of two residential units and one commercial space, with potential to convert to a legal four-unit building with ground-floor retail. Zoned R6A/C2-4, the asset utilizes approximately 1.41 FAR and offers an estimated 2,767 SF of additional buildable area, enabling redevelopment potential of up to nine residential units through available air rights, subject to architectural review and municipal approvals.
Built in 1931, the 2,451 SF structure sits on a lot with significant development upside in one of Brooklyn's most desirable neighborhoods. The location is minutes from the Myrtle Avenue retail corridor and the J, M, and Z subway lines, providing strong transit access and walkability. The property suits owner-users, investors, or developers seeking repositioning or new construction in a high-demand market.
- Legal use: two residential units + one commercial space; current configuration: six apartments
- Zoned R6A/C2-4 with 1.41 FAR; 2,767 SF additional buildable area available
- Redevelopment potential up to nine residential units via air rights
- Minutes from Myrtle Avenue retail corridor and J/M/Z subway lines
- Value-add opportunity in prime Bedford-Stuyvesant location
More property details
Location
This three-story mixed-use brick building presents a compelling value-add and redevelopment opportunity in the heart of Bedford-Stuyvesant, just minutes from the Myrtle Avenue retail corridor and the J, M, and Z subway lines. Currently configured as six residential apartments with front and rear units, the property's legal use consists of two residential units and one commercial space, with the potential to convert to a legal four-unit building featuring ground-floor retail. Zoned R6A/C2-4, the property currently utilizes approximately 1.41 FAR and offers an estimated 2,767 square feet of additional buildable area, creating the potential for a larger redevelopment of up to nine residential units through the use of available air rights, subject to architectural review and municipal approvals. With opportunities for owner-users, investors, or developers seeking repositioning or new construction, this asset offers significant upside in one of Brooklyn's most desirable neighborhoods. Buyers are encouraged to conduct their own due diligence regarding legal use, existing configuration, zoning regulations, and future development potential.