Price Reduced 6.25%


Price History

$8,000,000
11/22/2023

$7,500,000
8/26/2024


138 Montague Street, Brooklyn, (Brooklyn Heights), NY, 11201

138 Montague Street, Brooklyn, (Brooklyn Heights), NY, 11201

22 rooms

22 beds

22 Full baths

1900

Townhouse

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.


Status:

Active

Town:

Brooklyn

Type:

Multi-family

Units:

26

Heating:

Natural Gas, Steam

Cooling:

Wall Unit(s)

Basement:

Full

Parking:

On Street

Acreage:

0.11

Est. Taxes:

$308,841

Construction

Block, Brick

View Description:

City

Middle School:

Ps 282 Park Slope

High School:

Brooklyn Academy High School

School District:

Community District 13

MLS #:

3517855


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of eXp Realty 888-276-0630