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$4,950,000

Beds
8
Baths
8.0
sq ft
Unknown

447 Hicks St, Brooklyn, NY 11201

447 Hicks St

New York City, NY 11201

  • 90 days on market
    • Price drop $1,130,000↓
<strong>AVAILABLE FOR THE 1ST TIME IN 35 YEARS!!! <strong></strong></strong><br> <strong> <strong>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.</strong></strong><br> <strong> <strong> <strong>This 8-unit building is fully occupied, collecting free-market rents. No rent control or rent stabilization. Tenants pay all utilities. <strong></strong></strong></strong></strong><br> <strong> <strong> <strong>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.</strong></strong></strong><br> <strong> <strong> <strong>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.</strong></strong></strong><br> <strong> <strong> <strong>10 minutes to NYC Ferry service @ Atlantic Avenue/Pier 6: Brooklyn Bridge Park</strong></strong></strong><br> <strong> <strong> <strong>8-13 minutes to (8) different train lines</strong></strong></strong><br> <strong> <strong> <strong>Citibike 1 block away(3) grocery stores within 5 minutes</strong></strong></strong><br> <strong> <strong> <strong>Please contact us with any questions and for a full setup.</strong></strong></strong><br> <br>

Details

Property type

Single Family Residence

Lot size

Unknown

Price per sq ft

Unknown

Year built

1900

Annual property taxes

$13,392

Price History

11/07/2024
REBNY

REBNY #RPLU-850723158545

Price change
$4,950,000
-18.59%
09/24/2024
REBNY

REBNY #RPLU-850723158545

Price change
$6,080,000
-1.94%
09/17/2024
REBNY

REBNY #RPLU-850723158545

Price change
$6,200,000
-2.36%

Schools & Community

Neighborhood: 

Cobble Hill

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/19/2024 at 12:25 PM

Listing updated: 11/08/2024 at 2:05 PM

Listed by: Justin Zucker, Brown Harris Stevens Brooklyn LLC Phone #: (212) 381-3232

MLS: REBNY #RPLU-850723158545

REBNY logo