447 Hicks Street
Brooklyn, NY 11201

Cross street:Kane Street

Building

Type:Townhouse
Era:Post-war
Floors:4

Property

Ownership: Income Property
Rooms: 28
Bedrooms: 1 BR
Bathrooms: 1
Pets: Pets Unknown

Financials

Price: $6,200,000
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Brown Harris Stevens Brooklyn LLC

Description

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.

Amenities

  • Voice Intercom
  • Walk-up

Neighborhood

More listings:

AVAILABLE FOR THE 1ST TIME IN 35 YEARS !


OLR IDX

RLS Data display by Nest Seekers LLC.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.