Luxury Elevator Rental Building in Brooklyn Heights
$18,750,000
50 Orange Street, New York City, NY 11201
For Sale
Multifamily
Mid High Rise
Pending
Last Updated: 03/31/2021
14,850 sqft
Building Size
100
Occupancy
Details:
Building Size: 14,850 sqft
Occupancy: 100%
Units: 20
Floors: 5
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
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.
Documents:
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50 Orange Street OM.pdf |
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