With a “built-in” market of new apartment seekers and relative insulation from neighborhood economic swings, student housing can be a very attractive investment. That’s why Springhouse identified this Bedford Avenue property in Bedford Stuyvesant, Brooklyn as a great opportunity. It boasts 44 large apartments - both furnished and unfurnished - solid architecture, and, most importantly - convenient walking and public transportation access to Pratt, Parsons, The New School and other institutions.
65,000 square feet
44 furnished and unfurnished apartments
9-story elevator building
With convenient access to Pratt, Parsons, and The New School, this 9 story, 65,000 square foot building taps into a significant population of students and recent grads.
A staggered, set-back profile and brick construction details integrate with the neighborhood architecture.
Constructed in 2004, the asset features 44 units, all 3 and 4 bedrooms and many with balconies and terraces.
Bed Stuy has experienced tremendous growth in the past decade and now offers a thriving, culturally diverse mix attractive to artists, musicians, filmmakers and young professionals.