Price Reduced 4.25%

Listing courtesy of Brown Harris Stevens Brooklyn LLC


Price History

$6,350,000
8/21/2024

$6,200,000
9/18/2024

$6,080,000
9/24/2024


447 Hicks Street, Brooklyn, (Cobble Hill), NY, 11201

447 Hicks Street, Brooklyn, (Cobble Hill), NY, 11201

28 rooms

1 beds

1 Full baths

1900

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 Park

8-13 minutes to (8) different train lines

Citibike 1 block away(3) grocery stores within 5 minutes

Please contact us with any questions and for a full setup.


Status:

Active

Town:

Brooklyn

Type:

Commercial

Laundry Remarks:

None

Building Type:

Townhouse

Cooling:

Unknown Type

Levels:

4

Building Access:

Walk-up

Service Level:

Voice Intercom

OLR #:

RPLU850723158545


Community Info

School Info

Walk Score

Mass Transit

Yelp


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