651 Decatur Street
Ocean Hill, New York
$2,495,000 Price
5 Bedrooms   4.0 Baths

651 Decatur Street, Ocean Hill, New York

A Legacy Investment. Rarely does a property like 651 Decatur Street come to market-a historic mixed-use gem that blends architectural grandeur with modern opportunity. Whether expanding your portfolio or securing your first investment, this 4,400 SF property is a true Brooklyn classic with three...

A Legacy Investment. Rarely does a property like 651 Decatur Street come to market-a historic mixed-use gem that blends architectural grandeur with modern opportunity. Whether expanding your portfolio or securing your first investment, this 4,400 SF property is a true Brooklyn classic with three residential units, a prime commercial space, and three garages. At $2.495M, and monthly taxes of $1,288, this is an asset that delivers both character and cash flow, offering nearly a 9% ROI-a gift that keeps on giving. Endless Potential. Each of the three residential units boasts sun-drenched interiors with east, west, and south exposures, hardwood floors, bay windows, and elegant kitchens and baths. Unit 1: 1,100 SF, 2-Bed, 1-Bath, plus a 900 SF private terrace. Unit 2: 1,100 SF, 2-Bed, 1-Bath with airy, open charm. Unit 3: 1,100 SF, 1-Bed, 1-Bath with a wood-burning fireplace. The commercial space at 101 Saratoga Avenue is a floor-through, 1,100 SF storefront with 11-foot ceilings, a bathroom, and basement storage. Situated on a prime corner lot, this space commands high visibility and steady foot traffic, making it a perfect canvas for a restaurant, retail, or office space. At 653 Decatur Street, three rare, highly-coveted garages offer secure private parking or additional rental income in a neighborhood where street parking is a luxury. Prime Location, Maximum Visibility. Nestled on a picturesque, tree-lined block, 651 Decatur Street sits at the intersection of Bedford-Stuyvesant and Bushwick, offering the best of both worlds. The property''''s corner location provides excellent frontage and visibility for the commercial space, benefiting from steady pedestrian traffic. Nearby, you''''ll find beloved local restaurants, charming caf s, and boutique shops, along with easy access to major transit options connecting you to the rest of Brooklyn and beyond. A rare blend of history, income potential, and unbeatable value-this is the opportunity you''''ve been waiting for. Find Your Sweet Spot. 1st Floor and Store Front Floor Plan Not Provided but each space is 1100SF

Courtesy of Corcoran Group

Floorplan for 651 Decatur Street

Floorplan for 651 Decatur Street

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Ocean Hill, New York
Type: House
Price: $2,495,000
Re Tax: $15,456
Web ID: 1107708490

Info & Amenities

Type: Mixed Use
Rooms: 13.0
Bedrooms: 5
Bathrooms: 4.0
Woodburning fireplaces: 1
Pets allowed: Yes

Map of Area for 651 DECATUR Street