Commercial Sale Pending near East River

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., Building Size:49' x 60.83'

Property Details

  • Beds: 22
  • Baths: 22.0
  • Year Built: 1900
  • Location: East River
  • ViewTypes: City
  • County: Kings County
  • Heat/AC: Natural Gas, Steam
  • Garage: On Street
  • Siding: Block, Brick
  • Roof:
  • Property Taxes: $308,841
  • MLS #: L3517855

Location

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Contact Information:

Contact Agent
Listing Agent: Rene Attias, eXp Realty, 646-644-5487, 888-276-0630 Listing Site, Listing Status: Pending
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Ad Statistics:

Lake Commercial Sale Pending in Brooklyn, New York
Ad Number : 7171450
Viewed: 15 times
Added: May 08, 2025
Updated on: May 08, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.