A Rare Brooklyn Investment Asset on a 25 x 75 Lot 98 Herbert AKA 115 Kingsland Avenue Opportunity knocks.
| Website: | https://www.nestseekers.com/5468115 |
|---|---|
| Address: | 98 Herbert Street New York, NY 11222 |
| Type: | Apartment |
| Era: | Post-war |
| Ownership: | Unknown |
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| 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
578 Driggs Avenue Brooklyn, NY 11211 Phone: +1 718-302-0900 Fax: +1 718-228-3917 | |
| Listing Courtesy of Compass | |