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138 Montague Street

Brooklyn Heights, NY 11201
  • $7,500,000
  • STATUS: Active
  • ON SITE: 349 Days
  • MLS #: 3517855
UPDATED: 73 min ago
$7,500,000
  • 22
    BEDS
  • 0.11
    ACRES
  • 22
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Townhouse
Built:
1900
County:
Area:

School Information

Middle School:
School District:

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.

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeService Hudson Valley Properties. Data last updated: 2024-11-06T09:17:50.573.
www.greathudsonvalleyhomes.com/homes/145453036
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138 Montague Street Brooklyn Heights, NY 11201

  • Price: $7,500,000
  • Status: Active
  • On Site: 349 Days
  • Updated: 73 min ago
  • MLS #: 3517855
22
Beds
22
Baths
0
½ Baths
0.11
Acres
1900
Built
Neighborhood:
Brooklyn
County:
Brooklyn
Area:
Brooklyn
Middle School:
Ps 282 Park Slope
High School:
Brooklyn Academy High School
School District:
Brooklyn 13
Property 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.
Exterior Features

Architectural Style Townhouse Attached Garage YN No Construction Materials BlockBrick Cross Street Henry St. Parking Features On Street Property Attached YN No View City View YN Yes

Interior Features

Basement Details Full Common Walls No Common Walls Cooling Wall Unit(s) Cooling YN Yes Fireplaces Total 0 Heating Natural GasSteam Hot Water Gas Stand Alone Number Of Kitchens 22 Rooms Total 22

Property Features

Building Size 49' x 60.83' Exclusions Awnings Garbage Removal Public Lease Considered YN No MLSArea Minor 13 New Construction YN No Number Of Separate Electric Meters 28 Number Of Separate Gas Meters 26 Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 308841 Tax Annual Amount1 308841 Tenant Pays ElectricityGas Water Source Public

Listing courtesy of Rene Attias of EXP Realty: 888-276-0630
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeService Hudson Valley Properties. Data last updated: 2024-11-06T09:17:50.573.
 
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