Foreclosure sale of an 8-unit, rent-stabilized multifamily building in Prospect Lefferts Gardens, Brooklyn. The 4-story walk-up spans 8,600 SF and sits two blocks from Prospect Park, with all 8 units currently occupied.
The building benefits from strong transit access — steps from the B/Q/S trains at Prospect Park station and the 2/5 trains at Winthrop Street — and is surrounded by a growing neighborhood amenity base including restaurants, fitness, and retail. PLG continues to attract renters priced out of adjacent Park Slope and Prospect Heights, supporting sustained residential demand.
With significant rent upside across the stabilized rent roll and an active development pipeline nearby, the property represents a value-add multifamily opportunity in one of Brooklyn’s most rapidly evolving submarkets.
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4-story residential building located on Bedford Avenue in Prospect Lefferts Gardens, Brooklyn, NY
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8 residential units
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8,600 SF sq ft building on a 72 ft x 43 ft lot
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72 ft of frontage along Bedford Avenue
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Situated two blocks from Prospect Park
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Short walk to the Prospect Park Subway Station, (B, S & Q trains) and the Winthrop Street Subway Station (2, 5 trains)
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Neighborhood amenities include: La Cachette du Coin, Ideal Food Basket, Honey
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Badger, Scoops Ice Cream, Momo Sushi and Slowloris