Overview

Description

Besen & Associates, as exclusive agent for Ownership, is pleased to offer sale 50 Orange Street (the "Property"), a pristine 5-story, 20-unit elevator building plus a finished cellar. This 14,850± SF residential property is located in historic Brooklyn Heights, Brooklyn's premiere and most desirable neighborhood. The building is situated on a parcel measuring 27' x 100' with frontage along Orange Street and Hicks Street. The thoughtfully designed units are representative of the building's character while incorporating modern sensibilities for today's living.

Highlights

• Corner elevatored residential building with 20 luxurious Free Market units
• New fitness center, roof deck, smartphone intercom, new laundry room, tenant storage units, putting green & two bike rooms
• Potential condo conversion
• Zero HPD Violations
• Continuous 100% occupancy
• Free-market building with very low turnover
• Overall low supply of Brooklyn Heights studios helps maintain ongoing demand for these types of unit
• Prime Brooklyn Heights location in the heart of the Historic District with tree-lined streets and surrounding brownstones
• 15 minutes to the Financial District, Lower Manhattan and the East Side
• Accessibility to all of Montague Street’s premiere restaurants, bars, groceries, health & fitness, coffee shops, local retail, pet stores and amenities
• The 14,850± SF property was well-maintained by previous ownership (the Watchtower Bible Society) and current ownership has modernized the building while maintaining significant curb appeal
• Apartments feature high-end finishes including Bertazzoni gas ranges and dishwashers, stainless steel appliances, radiant heated bathroom floors with Terrazzo tile, oak floors, custom closet storages, central A/C with Nest thermostats

Documents

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