138 Montague Street Brooklyn Heights NY, 11201 Community District 13 SD# 13
$7,500,000
22 Beds / 22 Full Baths | ML# 3517855
Property Picture

The ideal trophy asset - introducing your opportunity to acquire 138+140 Montague Street, a Landmark Commercial building located in the Heart of Brooklyn Heights. Boasting 22 residential units and 4 coveted commercial storefronts, this iconic asset is on the market for the first time in nearly 50 years. With a net annual pro-forma income of $534, 390 (7.1% cap), this property belongs in the portfolio of any astute investor. Its’ highly desirable and central location ensures proximity to trains and public transportation, enhancing the strength of the asset. Meticulously upkept throughout the years. New heating system, roof, and siding. Seize this chance to own a piece of one of the most recognizable streets in Brooklyn Heights.

    Daniel Gale - Porter Teagle
    Daniel Gale Assoc Inc Licensed Associate Real Estate Broker christinateagle@danielgale.com