A rare opportunity to acquire a pre war, 5 story, 10 unit building on one of Brooklyn Heights' most sought after blocks.

279 Henry Street

Brooklyn, NY 11201

Listing

Web ID:	5507743
Website:	https://www.nestseekers.com/5507743
Cross street:	Clinton Street
Building:	279 Henry Street Brooklyn
Type:	Townhouse
Era:	Post-war
Floors:	5

Property

Ownership:	income-property
Rooms:	12
Bedrooms:	Studio

Financials

Price:$5,000,000

Real estate tax:$67,273

Description

A rare opportunity to acquire a pre-war, 5-story, 10-unit building on one of Brooklyn Heights' most sought-after blocks. Totaling approximately 6,594 square feet, the building is comprised of 8 one-bedroom and 2 two-bedroom units, with 9 free market and 1 rent stabilized. There is 1 unit currently vacant and ready for immediate use or renovation.

The building lends itself to multiple purchasing strategies: a value-add to capitalize on the strong rental demand, a condo conversion, or a townhouse conversion.

Contact for financials, rent roll, showing schedule, and more details.