Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

266 Throop Avenue

Pending · Listing by Corcoran Group

266 Throop Avenue

Bedford-Stuyvesant, Brooklyn

$3,500,000

Interested in this property?
Pending For Sale Mixed Use

$3,500,000

$362 per sq ft

266 Throop Avenue

Bedford-Stuyvesant, Brooklyn

MLS® #RLS20036663

RLS at REBNY

Listing by Corcoran Group

18
Bedrooms
6
Baths
9,675
Sq. Ft.
N/A
Year Built

Quick Summary

Bedrooms 18
Bathrooms 6
Living Area 9,675 sq ft
Year Built N/A
Ownership None
Neighborhood Bedford-Stuyvesant
Floor 1 of 1

Property Highlights

  • Views: Other

Property Details

Type Mixed Use
Ownership None
Total Rooms 30
Baths 6 Full
Floor 1 of 1
View Other
Pets Yes
Living Area 9,675 sq ft
Structure Type MixedUse
Furnished Unfurnished
Parcel # 01760-0041
Block/Lot 01760/0041

Listing History

Event Date Price Change
Listed Jul 14, 2025 $3,500,000 -
Currently Aug 18, 2026 $3,500,000 -

Description

Exclusive Mixed-Use Corner Asset in Prime Bedford-Stuyvesant 266-266A Throop Avenue 202-210 Vernon Avenue Brooklyn, NY 11206 We are pleased to offer a rare opportunity to acquire a corner-lot mixed-use asset in the heart of Bedford-Stuyvesant, Brooklyn. The property consists of two three-family walk-up buildings situated above three ground-floor commercial units, all on a single tax lot. Located at the intersection of Throop and Vernon Avenues, this high-demand location offers strong foot traffic, excellent transportation access, and proximity to the neighborhood's vibrant residential and retail growth. Investment Highlights Total Units: 9 (6 Residential + 3 Commercial) Residential Units: 6 Vacant Units: 2 Occupied Units: 4 (Rent-Stabilized) Commercial Units: 3 (All Delivered Vacant) Total Building Area: 9,675 SF Zoning: R6A / C2-4 Maximum Allowable Floor Area: 11,250 SF Unused FAR: 1,575 SF (Value-add potential) Property Overview Feature Details Address 266-266A Throop Ave, Brooklyn, NY 11206 Alternate Address 202-210 Vernon Ave Neighborhood Bedford-Stuyvesant Building Class C - Walk-Up Apartment Year Built 1931 Stories 4 Total Building SF 9,675 SF Residential SF 5,962 SF Average Unit Size 994 SF Retail/Commercial SF 3,713 SF Lot Size 3,750 SF (37.5" x 100') Property Taxes (2024) $25,872 Block / Lot 1760 / 41 Zoning Map 13b Corner Lot Southwest-facing Zoning & Development Potential Zoning Districts: R6A (Residential), C2-4 (Commercial Overlay) FAR Built: 2.58 Max Residential/Facility FAR: 3.0 Max Buildable SF: 11,250 SF Unused Development Rights: 1,575 SF Sale Details Status: Selling As Is Tenancy: Subject to existing residential leases (rent-stabilized) Ownership Structure: One tax lot containing two three-family buildings and three commercial units Opportunity Summary This is a compelling opportunity for investors, developers, or owner-users seeking: Stable in-place income with upside through unit turnover and lease-up of commercial spaces Future development potential via 1,575 SF of unused FAR Prime Bedford-Stuyvesant location, one of Brooklyn's most dynamic neighborhoods Corner visibility and exposure across two street frontages For pricing, income/expense details, and showing schedule, please inquire directly

Features & Amenities

Interior Features

High Ceilings Smoke Free See Remarks

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 1
Structure MixedUse

Bedford/Stuyvesant, in Brooklyn, features a mix of traditional brownstone row houses and mid-rise apartment buildings. Local amenities include proximity to major parks and robust access via subway lines, such as the L and J/Z trains. The area retains much of its historic architecture alongside newer residential developments.

Bedford-Stuyvesant Live Market Data

View Neighborhood

Active Listings

79

Median Asking Price

$1.50M

Median $/Sqft

$887

Avg Days on Market

N/A

New This Week

2

Price Reduced

30%

Sold (30 Days)

10

Median Sale Price

$1.59M

Live data from RLS at REBNY • Updated 8/18/26, 4:32 AM EST

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Location

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266 Throop Avenue, Bedford-Stuyvesant, Kings County

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
4
Floors
6
Residential Units
R6A
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $656,550
Land Value: $8,100
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 3,750 SF
Building Area: 9,675 SF
Built FAR: 2.58
Allowed FAR: 3

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 18 bedrooms and 6 full bathrooms.

The listed interior living area is 9,675 square feet. Verify dimensions independently during due diligence.

This listing is None

Pet policy requires confirmation with Milton Coste. Additional notes: UnitNo

At the current list price of $3,500,000 for 9,675 sq ft, the asking price per square foot is approximately $362. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20036663
First Listed: 7/14/2025
On Market: 7/14/2025
Price Changed: 7/14/2025
Pending Since: 8/19/2025
Contract Date: 7/14/2025

Listing Courtesy of Corcoran Group - IAN K PARKER

Listing Contact: (718) 810-5104

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 8/18/2026 at 8:32 AM UTC

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Bedford-Stuyvesant Market Update

10 sales last 30 days · $1.50M median · 7.9 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Pending Type Mixed Use Neighborhood Bedford-Stuyvesant Borough Brooklyn
County Kings
Floor 1 of 1
First Listed 7/14/2025
Living Area 9,675 sqft

Monthly Costs Estimate

Down Payment 20%

$700,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $3M to $4,999,999 at 1.50%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$52,500

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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