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


Property

Website:https://www.nestseekers.com/5468115
Address:
98 Herbert Street
New York, NY 11222
Type:Apartment
Era:Post-war
Ownership: Unknown
Rooms: 10
Bedrooms: Studio

Financials

Price:$2,250,000

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

Contact

578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Compass