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138 Montague Street Brooklyn Heights, NY 11201
$7,500,000
  • For Sale
  • 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 Size: 0.11
  • Lot Sq Ft: 4703
  • Taxes: $308,841
  • School District#: 13
  • School District: Community District 13
  • Block: 249
  • Lot: 30

Additional Features

  • Construction Materials: Block, Brick
  • Building Size: 49’ x 60.83’
  • Garage: 0.0
  • Parking Spaces: Yes
  • Parking Facilities: On Street

Rooms & Floor Plans

  • Bedroom: 22
  • Full Bath: 22

Interior & Utilities

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

Financial

  • Taxes: $308,841
Listing Information provided courtesy of EXP Realty  888-276-0630
OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
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Jeanne Posillico Leonard

Jeanne Posillico Leonard

Licensed Associate Broker

Direct: 631.692.9298 Email: