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Luxury Elevator Rental Building in Brooklyn Heights

$18,750,000

50 Orange Street, New York City, NY 11201

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.

Map:
Documents:
Title
50 Orange Street OM.pdf
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