See all 22 photos
$7,500,000
Est. payment /mo
22 BD
22 BA
Active
138 Montague ST Brooklyn, NY 11201
UPDATED:
11/20/2024 07:06 AM
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
Originating Board onekey2
Rental Info No
Year Built 1900
Annual Tax Amount $308,841
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., Building Size:49' x 60.83'
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full
Interior
Heating Steam, Natural Gas
Cooling Wall Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features On Street
Utilities Available Trash Collection Public
View City
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Block
New Construction No
Schools
High Schools Brooklyn Academy High School
School District Brooklyn 13
Others
Senior Community No
Special Listing Condition None
Listed by EXP Realty