98 Herbert Street
New York, NY 11222

Building

Type:Apartment
Era:Post-war

Property

Ownership: Unknown
Rooms: 10
Bedrooms: Studio

Financials

Price:$2,250,000
Listing Courtesy of Compass

A Rare Brooklyn Investment Asset on a 25 x 75 Lot 98 Herbert AKA 115 Kingsland Avenue Opportunity knocks.

Description

A Rare Brooklyn Investment Asset on a 25 x 75 Lot 98 Herbert AKA 115 Kingsland Avenue Opportunity knocks. This impeccably maintained brick building delivers a combination that's increasingly hard to find in Brooklyn: scale, flexibility, and real upside. A legal 2-family plus store/office, currently configured as three free-market units, 115 Kingsland is a turnkey income property and a future development play wrapped into one. Delivered fully vacant. The Configuration Front Studio. A self-contained ground-floor studio with its own entrance. Ideal as a rental, creative workspace, or owner's office. Garden Duplex (1-Bedroom + Finished Cellar). A generous one-bedroom spanning the ground floor and a fully finished lower level. Downstairs features a 36-foot rec room, two walk-in closets, in-unit laundry, and a full bath. Effectively a second living level. Upper UNit (3-Bedroom, 1.5-Bath). The entire second floor lives like a true family home. Anchored by an 18'6" primary bedroom with adjoining dressing room, plus two additional bedrooms, a 15-foot kitchen, and a sun-filled living and dining area. The Land 25 x 75 lot. Private 2-car parking via curb cut, a true rarity in this corridor. Available air rights to expand square footage and add value. All units free market. No rent-stabilized exposure. Full flexibility for an investor, end user, or developer. Delivered vacant. Lease at market, owner-occupy with rental offset, or build to maximize the envelope.

Amenities

  • Basement

Neighborhood

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.