See all 21 photos
$7,500,000
Est. payment /mo
22 BD
22 BA
4,791 Sqft Lot
Active
138 Montague ST Brooklyn Heights, NY 11201
UPDATED:
10/23/2024 04:29 AM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3517855
Style Townhouse
Bedrooms 22
Full Baths 22
Originating Board onekey
Rental Info No
Year Built 1900
Annual Tax Amount $308,841
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 49.5x95
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.
Location
State NY
County Brooklyn
Rooms
Basement Full
Kitchen 22
Interior
Heating Natural Gas, Steam
Cooling Wall Unit(s)
Fireplace No
Exterior
Garage On Street
View Y/N Yes
View City
Parking Type On Street
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Block,Brick
New Construction No
Schools
Middle Schools Ps 282 Park Slope
High Schools Brooklyn Academy High School
School District Brooklyn 13
Others
Senior Community No
Special Listing Condition None
Listed by EXP Realty • 888-276-0630