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143 Montague St
Brooklyn, NY 11201

Residential Property For Sale · 9 Units

PROPERTY FACTS

No. Units 9
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.06 AC
Building Size 8,000 SF
Average Occupancy 100%
Number of Floors 5
Year Built 1900

Unit Amenities

  • Kitchen

Site Amenities

  • Vintage Building

About 143 Montague St , Brooklyn, NY 11201

This rare five story, 25 footer offers high income plus substantial upside. It has approximately 7,850 sq. ft. and five (5) above-ground floors. The building is fully leased and contains 5 free market apartments with high-end finishes, 2 rent stabilized apartments, and two commercial units. There are six one-bedroom units and one studio unit. Located in arguably one of the most secure growth markets anywhere in the world today, Montague Street is just four blocks long, and is easily among the most picturesque main-streets in the U.S. and a year-round destination for international travelers. As quaint as Brooklyn Heights truly is, it's also anchored by 6 subway lines and Montague Street is the gateway to four of the most important growth centers in New York City today:To the west is Brooklyn Bridge Park, the new 85 acre, $400 million masterpiece of waterfront parkland and condominiums. To the east is Downtown Brooklyn, the luxury sky scraper district populated with office, retail, government and home to 11 university campuses and 60,000 college students. Due north, is DUMBO, the arts and technology power-house. Due south is Cobble Hill, a luxurious brownstone neighborhood and home to River Park, the transformational water-front neighborhood and luxury residential re-development of former Long Island College Hospital campus.143 Montague Street's location amenities and area median income are equal or better than Gramercy, the West Village, and West Chelsea, yet like an undervalued stock it trades at a discount, making 143 Montague a smart buying opportunity for secure value and growth.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00243-0016
Land Assessment
£17,312
Improvements Assessment
£1,073,008
Total Assessment
£1,090,321

zoning

Zoning Code R7-1, C1-3, LH-1 (Medium-density apartment house district with lower parking requirements)
R7-1, C1-3, LH-1 (Medium-density apartment house district with lower parking requirements)
  • Listing ID: 18393741

  • Date on Market: 03/02/2020

  • Last Updated:

  • Address: 143 Montague St, Brooklyn, NY 11201

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