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141 Engert Avenue #Building Brooklyn, NY 11222
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Key Details
Sold Price $4,200,000
Property Type Townhouse
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 5,625 sqft
Price per Sqft $746
Subdivision Greenpoint
MLS Listing ID OLRS-0085405
Sold Date 08/23/22
Style Prewar
Bedrooms 8
Full Baths 6
HOA Y/N No
Year Built 1920
Property Description
Once in a lifetime opportunity! First time on the market in close to a century. 141 Engert presents a unique investment to a plethora of buyers and developers. The dramatic turn of the century facade with natural stone arches, original cornice and beautiful brickwork encases over 5,600 sqft of living space. The 25x95 property is built full on the lots first floor and cellar, and is currently setup as 4 free market residential apartments, and 4 commercial spaces but there is so much flexibility its amazing. Savy business owner? Why not own your space instead of being at the mercy of your landlord and collect rent from the apartments above. For developers, the owners have approved plans to convert the structure into 8 residential apartments, with ground floor duplexes and private terraces (Plans available upon request). When completed this trophy building will be a cash cow. Can be delivered vacant.
Greenpoint is one of the hottest markets in the city and with good reason. Some of the best dining and nightlife has been established here and the cultural scene is second to none. With residential rents at an all time high, this is the perfect opportunity to break into this high demand market.
Location
State NY
County Kings
Zoning R6B
Interior
Equipment Intercom
Fireplace No
Exterior
Porch Building Terrace, Terrace
Private Pool No
Building
Story 3
Others
Pets Allowed Building Yes, Yes
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RLS Data display by Coastal Property Advisors