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Brooklyn Heights NY, 11201 $7,500,000

Multi Family For Sale 22 Beds , 22 Full Bath  

Property Picture
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Details ML#: 3517855  

  • Style: Townhouse
  • # of Families: 26
  • Year Built: 1900
  • Taxes: $308,841
  • Status:Active

Description

The ideal trophy asset - introducing your opportunity to acquire 138+140 Montague Street, a Landmark Commercial building located in the Heart of Brooklyn Heights. Boasting 22 residential units and 4 coveted commercial storefronts, this iconic asset is on the market for the first time in nearly 50 years. With a net annual pro-forma income of $534, 390 (7.1% cap), this property belongs in the portfolio of any astute investor. Its’ highly desirable and central location ensures proximity to trains and public transportation, enhancing the strength of the asset. Meticulously upkept throughout the years. New heating system, roof, and siding. Seize this chance to own a piece of one of the most recognizable streets in Brooklyn Heights.

More Property Details

Room Information

Bedroom: 22   Full Bath: 22  

Property Features

Building Size: 49’ x 60.83’   Lot Size: 0.11   Lot Sq Ft: 4703   Garage: 0.0   Parking Spaces: Yes   Parking Facilities: On Street  

Appliances & Utilities

Heat: Natural Gas, Steam   A/C: Wall Unit(s)   Water: Public   Sewer: Public Sewer   Garbage Removal: Public  

Financial

Taxes: $308,841  

Local Area Information

School District#: 13   School District: Community District 13   Block: 249   Lot: 30  

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