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107 Montague Street
Brooklyn, NY 11201
MLS #409150

Mixed Use
    $7,450,000
    Est. P&I payment: $28453.95/mo
    107 Montague Street, Brooklyn, NY 11201
    • 107 Montague Street, Brooklyn, NY 11201 Photo 1
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    Description for 107 Montague Street, 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.
    MLS #409150
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    My Notes for MLS #409150

    General Features

    • Number Of Families: 9
    • Number Of Stores: 1
    • Owner Occupied: No
    • Property Sub Type: Mixed Use
    • Property Type: Mixed Use
    • Status: Active
    • Unit Count: 2

    Utility Features

    • Electric: Other
    • Hot Water: Other

    Financial Features

    • Assessment Fee End Date: 0000-00-00 00:00:00
    • Financing: Other
    • Heat Delivery: Other
    • Heating Fuel: Other
    • Tax Abatement End Date: 0000-00-00 00:00:00
    • Tenant Lease End Date: 0000-00-00 00:00:00
    • Transaction Type: Sale

    Interior Features

    • Basement Amenities: Other
    • Commercial Features Interior: Other
    • Flooring: Other
    • Lavatories: Other

    Miscellaneous Features

    • Date Available: 0000-00-00 00:00:00
    • Sale Type: Arm's Length

    Community Features

    • Borough: Brooklyn
    • City: Brooklyn
    • County Or Parish: Kings (Brooklyn)
    • Cross Street Name: b/w Henry and Hicks
    • MLS Area Major: Brooklyn Heights

    Exterior Features

    • Building Type: Attached
    • Commercial Features Exterior: Other
    • Construction Materials: Other
    • Exterior: Other
    • Foundation Details: Other
    • Loading Docks: None
    • Lot Size Length: 100
    • Lot Size Width: 25
    • Lot Sq Ft: 9,000
    • Roof: Other
    • Yard: Back

    Location

     
    Street View Not Available
    The listing information for 107 Montague Street, Brooklyn, NY 11201 was graciously provided by our friends at the listing brokerage, Douglas Elliman Real Estate

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    P&I Payment $28453.95
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    Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Professionals's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Professionals, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
    Last Updated 10/16/2017 at 11:29pm
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