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138 Montague Street Brooklyn, NY 11201
$7,500,000
  • Commercial
  • 22 Bedrooms
  • 22 Full Baths
  • Year Built 1900
  • Multi Family
  • ML# 3517855

Property Details

Overview

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.

Key Facts

  • Style: Townhouse
  • Lot Sq Ft: 4703
  • Taxes: $308,841
  • Sale or Rent: Sale
  • School District#: 13
  • School District: Community District 13
  • Block: 249
  • Lot: 30

Additional Features

  • Construction Materials: Brick, Block
  • Parking Spaces: Yes
  • Parking Facilities: On Street

Rooms & Floor Plans

  • Bedroom: 22
  • Full Bath: 22

Interior & Utilities

  • Heat: Steam, Natural Gas
  • A/C: Wall Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $308,841
Listing Information provided courtesy of EXP Realty  888-276-0630
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