Price Per Unit
$1,125,000
Units
2
Gross SQFT
4,050
Year Built
1920
Property Type
Apartments
INVESTMENT HIGHLIGHTS
- Delivered vacant: Prime opportunity for condo conversion, single-family home conversion, high-end rentals, etc.
- Owner-User potential: Property lends itself to an owner-user to occupy either the entire building or a portion and rent out the rest.
- Corner property: Building has fantastic light and air throughout, and has 110’ feet of street frontage.
- Private Parking: There is an enclosed garage in the rear of the property on Montgomery Street.
- Residential area: This stretch of Montgomery St and New York Ave has a quiet residential aesthetic, though it is only one block from Nostrand Ave, with numerous retail options.
- Additional air rights: The property is zoned R6, with approximately 1,230 unused buildable square feet for potential future expansion.
- Proximity to transportation: Located just 3 blocks from the 2 & 5 subway lines at the Sterling Street station.
- Protected tax class: The property is designated tax class 1.499 Montgomery St, Crown Heights, Brooklyn, NY, 11225
Broker of Record
- Cory Rosenthal
- License No. 10991237833 (NY)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 1600 West End,
Ste. 1500 Nashville, TN 37203