AVAILABLE FOR THE 1ST TIME IN 35 YEARS!!!
Located at the cross-roads of SIX dynamic and culturally rich Brooklyn neighborhoods, this premium investment opportunity in Cobble Hill is just minutes from Brooklyn Bridge Park, waterfront attractions and the best of what these neighborhoods have to offer.
This 8-unit building is...
AVAILABLE FOR THE 1ST TIME IN 35 YEARS!!! Located at the cross-roads of SIX dynamic and culturally rich Brooklyn neighborhoods, this premium investment opportunity in Cobble Hill is just minutes from Brooklyn Bridge Park, waterfront attractions and the best of what these neighborhoods have to offer.This 8-unit building is fully occupied, collecting free-market rents. No rent control or rent stabilization. Tenants pay all utilities.Offered as a turn-key investment opportunity with fantastic occupancy rates. it is a perfect fit for cash-flow portfolio investors as well as first-timers alike, who may not want to deal with renovation. This also serves as a very stable legacy investment for those looking to deploy capital into an anchor of stability, all the while providing for your next generation of family to occupy one or more units in the future.The building's infrastructure and individual apartments are all in great condition. New roof, and recent facade repointing. Hard wood floors throughout. Healthy boiler and mechanicals.10 minutes to NYC Ferry service @ Atlantic Avenue/Pier 6: Brooklyn Bridge Park8-13 minutes to (8) different train linesCitibike 1 block away(3) grocery stores within 5 minutesPlease contact us with any questions and for a full setup.
Cobble Hill is a small, laid-back neighborhood comprising 40 blocks in northwest Brooklyn. It offers easy access to the water and sits adjacent to Brooklyn Heights, Boerum Hill, and Carroll Gardens. Most of the action takes place on Court Street, the community’s main artery lined with hip cafes, restaurants and boutiques. The neighborhood was named after a conically shaped hill located at the present-day intersection of Atlantic Avenue, Pacific Street and Court Street. The incline was known as 'Ponkiesbergh' to early Dutch settlers, which directly translates to “Cobble Hill.” Today, Cobble Hill is considered the wealthiest area in Brooklyn, and is often listed alongside upscale Manhattan communities like the Upper East Side and Soho as one of the most desirable locations in the city. Thanks to its well-preserved 19th-century architecture, pristine brownstones and stunning row houses, Cobble Hill has been designated as a historic district.
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