112 Berriman Street

3 Bedrooms and 4 Apartments, Bedford Stuyvesant, Brooklyn’s most populous neighborhood.

Portfolio

98, 112, and 114 Berriman Street are three adjacent properties in East New York, Brooklyn, offering a combined 175 feet of frontage across contiguous lots. The properties are currently owner occupied and provide a clean opportunity for coordinated redevelopment or long-term assemblage.

In aggregate, the sites support approximately 63,000 buildable square feet. With an asking basis of $125 per buildable square foot, the offering presents a clear, development-driven value proposition supported by lot geometry, frontage, and zoning context. The site is well suited for residential or mixed-use redevelopment, assemblage execution, or strategic land banking amid continued neighborhood transformation.

Portfolio

Use

[{“B.B.L”:”1 | 735 | 58″},{“Zoning”:”R8-A/C2-5HY”},{“Building”:”Class C1″},{“Residential Units”:”00,000,000
8R.S | 4 F.M.”},{“Layout”:”4 Studio
8 Two Bedrooms
8 One Bedrooms
8 Three Bedrooms
8 Four Bedrooms
8 Five Bedrooms”}]

Dimension

[{“LOT Dimension”:”00 X 00 IRREG.”},{“LOT Area”:”000 X 000 IRREG.”},{“Building Dimension”:”000 X 000″},{“G.B.S.F”:”000,000″},{“Stories”:”00″},{“F.A.R as Built”:”00.00″},{“Air Rights”:”000,000″}]

Revenue

[{“Residential”:”500,000,000.”},{“Comercial”:”600,000,000.”},{“Retail”:”7,000,000,000.”},{“total”:”8,100,000,000″}]

Expenses

[{“R.E.Tax”:”20,000,000.00″},{“Water”:”000,000,000.00″},{“Insurance”:”3000,000,000.00″},{“Utilities”:”400,000,000.00″},{“Electricity”:”000,000,000.00″},{“Maintenance”:”000,000,000.00″},{“Elevator”:”000,000,000.00″},{“total”:”3,420,000,000″}]

NOI

$ -7,332.16

Associates

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