138 Montague ST Active

Brooklyn,NY 11201

$ 7500000

22 Beds

22 Baths

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYL3517855

Style Townhouse

Bedrooms 22

Full Baths 22

Year Built 1900

Annual Tax Amount $308,841

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., Building Size:49' x 60.83'

Location

State NY

County Kings (brooklyn)

Interior

Heating Steam,Natural Gas

Cooling Wall Unit(s)

Exterior

Parking Features On Street

Utilities Available Trash Collection Public

View City

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Block

Schools

High Schools Brooklyn Academy High School

School District Brooklyn 13

Others

Special Listing Condition None

View More
Favorite Go Tour