232 Tompkins Avenue
Bedford-Stuyvesant, Brooklyn

Bijou Equities is pleased to present the exclusive listing at 232 Tompkins Avenue. 232 Tompkins is a 10-unit multifamily property located in prime Bedford-Stuyvesant, Brooklyn.

The brick building underwent a gut renovation through an Alt-1 conversion in 2021 and consists of 10 fully free-market apartments. The 5-story building contains a total of 8,055 square feet and is Tax Class 2B, providing long-term tax protection.

The unit mix features large layouts, including six (6) three-bedroom / two-bathroom units, supporting strong in-place cash flow. The property is currently grossing approximately $415,000 annually and netting approximately $350,000.

232 Tompkins Avenue is located just two blocks from the Bedford–Nostrand Avenue G train station, offering convenient access to transportation and the surrounding Bed-Stuy neighborhood.

This offering provides an opportunity to acquire a fully free-market, cash-flowing Brooklyn asset with protected tax status and minimal near-term capital needs.