NEW YORK, NY – December 15, 2015 – Ariel Property Advisors has been exclusively retained to sell three individual properties in Brooklyn for a combined total of $6,545,000. Two of the properties are located in Bedford-Stuyvesant and one is located in is located in Crown Heights. Exclusive Agents, Jonathan Berman, Mark Spinelli, Daniel Tropp and Nathan Singer are bringing all three properties to market, representing the seller, a private investor.

374 Ralph Avenue
The property is a four-story, 7,560 square foot mixed-use building located in Brooklyn’s Crown Heights neighborhood. The building contains 14 units in total, of which there are 12 one-bedroom apartments and two retail units. Transportation is in abundance with the Ralph Avenue stop of the C train 3 blocks away and the B47 bus line on the block. The asking price is $3,300,000.

151 Tompkins Avenue
Located on the southeast corner of Tomkins and Willoughby Avenues in Brooklyn’s Bedford-Stuyvesant neighborhood, this pre-war building spans 5,600 square feet. The building contains seven units in total, of which there are five residential apartments, one office unit and one retail unit. All of the residential units are free market and, given the corner location, can be reconfigured to two bedroom units. The office unit will be delivered vacant. The G train is 3 blocks away at the Myrtle – Willoughby station and the JMZ lines are 4 blocks away at the Myrtle Avenue station. The asking price is $2,650,000.

114A Marcus Garvey Boulevard
The 16.5’ x 80’ vacant lot located at 114A Marcus Garvey Blvd is situated between Hart Street and Willoughby Avenue in Bedford-Stuyvesant. R6A/C2-4 zoning provides approximately 3,960 buildable square feet, as-of-right, for a mixed-use structure. The Myrtle Avenue stop on the J, M Z lines and the Myrtle – Willoughby stop on the G train are 3 blocks away. The asking price is $595,000.