Price
$ 7,450,000

107 Montague, Brooklyn, NY 11201  

107 Montague, Brooklyn, NY 11201  

Montague Street, a prime mixed-use commercial/residential property on the popular main street of Brooklyn Heights, one of New York's most affluent neighborhoods. The five-story building contains (X) square feet of commercial space on two levels plus a garden/backyard. The commercial space will be delivered vacant. Above the commercial space are nine fully-occupied rent-stabilized apartments, served by a modern elevator. The building is located directly across Montague Street from the former Bossert Hotel, which is being renovated as a 280 room luxury hotel. The Bossert, once known as "Brooklyn's Waldorf Astoria," was the site of the Brooklyn Dodgers' World Series celebration in 1956. The building is located a short walk to the famed Brooklyn Heights Promenade, with easy access to the thriving Brooklyn Bridge Park. 107 Montague Street has been well-maintained and improved by its owners over the last 20 years. Most of the rental apartments have been renovated during that time. The building is an excellent, well-diversified investment in a historic landmark district which continues to draw affluent families and throngs of tourists, resulting in some of the most sought-after real estate in New York City. All interested purchaser will be required to sign a Confidentiality Agreement.

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Listing Type
Multi-Family
Listing ID
409150
Listing Status
Active
County
Kings (Brooklyn)
Listing courtesy of Douglas Elliman Real Estate
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX Elite
    8201 3rd Ave Brooklyn, NY 11209-4401 | Phone: (718) 690-3900
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.