$5,800,000 8 BD 8 BA 5,900 SF

Property Description

Eight-family building located in Boerum Hill only steps to Smith Street. The eight-unit building will be delivered totally vacant and is just a few blocks to Atlantic Ave, Barclays Center and all that downtown Brooklyn has to offer. The asking price is $5,800,000. The building consists of 4 floors with 2 apartments per floor. There is a full basement with high ceilings that may be duplexed with the first floor units and large yard. As a result of tight inventory for housing this close to downtown, condo pricing in Boerum Hill has dramatically increased and the rental market is very robust for renovated units. The location of this asset, being steps to Atlantic Ave, 1/2 block to the Smith St retail corridor and two blocks from the F & G trains at Bergen Street, make it a strong candidate for condo conversion or high-end rental. All amenities are located just minutes away. This is a rare find. .

Property Features

  •  391
    • Cash
    • Conventional
  •  61
  •  R6B
  •  11966.00
  • Exterior Features

  •  Brick
  •  Brick
  •  None
  •  Flat
  •  4
  •  Stone
  •  Attached
    • Back
    • Front
  • Interior Features

    • Full
    • Unfinished
  •  None
    • Hardwood
    • Tile
  •  Steam/Radiator
  •  Hot Water Coil in Boiler
  • Courtesy of Century 21 Block & Lot R.e

    Schedule to See Homes

    Meagen O'Brien

    Keller Williams Realty Empire