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42-50 Orange St

20 Unit Block of Flats £14,956,875 (£747,844/Unit) Brooklyn, NY 11201

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Investment Highlights

Gym
Elevator

Roof Deck
Can be purchased separately or as part of a portfolio with 35 Pineapple Street

Executive Summary

The Ashtin Group has been retained on an exclusive basis to arrange for the sale of 42-50 Orange Street, a five-story, elevatored, multifamily property located in the heart of Brooklyn Heights. The property is comprised of 20 units, all of which are free market. The property has been impeccably maintained and is truly pristine.
?42-50 Orange Street offers potential investors a unique and attractive opportunity to own a low maintenance, 100% free market, multifamily property in the heart of Brooklyn Heights — one of Brooklyn's most desirable neighborhoods. The prime location coupled with 100% free market units and future income growth potential make this a rare opportunity not to be missed. The property will be sold on as "As-Is", "Where-Is" basis.
Characterized by its tree-lined streets, historic brownstones, and stunning views of the Manhattan skyline, Brooklyn Heights is a rare gem and just a hop, skip and jump away from the Financial District. A quick subway ride Northbound or east will land you among the iconic Wall Street skyscrapers or the bustling streets of Dumbo, respectively.
Considered New Yorks first "Suburb", the name Brooklyn Heights is derived from its naturally elevated position. Posh and renowned, Brooklyn Heights has been called home by a handful of high-profile, celebrity residents. Among its iconic landmarks is the Brooklyn Heights Promenade, which provides a panoramic vista of the East River and Lower Manhattan. Afternoon strolls across the Brooklyn Bridge are a must — and only a short walk away. Whether you're exploring its historic streets, architectural marvels, or enjoying its culinary delights, Brooklyn Heights offers an unforgettable experience that truly captures the essence of New York's Timeless allure.

Property Facts

Price	£14,956,875	Building Class	C
Price Per Unit	£747,844	Lot Size	0.06 AC
Sale Type	Investment	Building Size	14,850 SF
No. Units	20	Number of Floors	5
Property Type	Residential	Year Built/Renovated	1900/2006
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Mid Rise

Price	£14,956,875
Price Per Unit	£747,844
Sale Type	Investment
No. Units	20
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Mid Rise
Building Class	C
Lot Size	0.06 AC
Building Size	14,850 SF
Number of Floors	5
Year Built/Renovated	1900/2006
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.