35 Herkimer Street

35 Herkimer Street, New York, NY, 11216

$2,300,000

active

Lot Size

2,000 sqft

Year Built

1905

Type

Commercial

Monthly Cost

Estimate. Actual payment depends on credit, lender, taxes, and insurance.

$13,094/month estimated

Principal & interest: $12,242
Property tax: $727
Home insurance (est.): $125

Down payment %Interest rate %Term (years)

Down payment: $460,000 · Loan amount: $1,840,000

Description

Prime Commercial Real Estate Opportunity in the Heart of Brooklyn Nestled in the historic neighborhood of Bedford Stuyvesant, this distinguished brownstone presents a unique investment opportunity for discerning buyers. Boasting a substantial six-unit composition, this property is thoughtfully configured with two, 1.5 bedroom and 4 studio units. With dimensions of 20 feet by 42 feet, the total square footage stands at an impressive 3,600 ft.², promising ample space for tenants and lucrative returns for investors. Highlights & Value: • Optimal Flexibility: The property is currently occupied but can be delivered with at least two vacancies, allowing potential owners to tailor the space according to their preferences and investment goals. • Prime Location: Centrally located in Brooklyn, this property sits at the nexus of convenience and charm. The iconic Fulton Street corridor, a stone’s throw away, offers a vibrant mix of shopping, dining, and entertainment options. • Efficient Transit & Connectivity: Benefit from seamless transportation options, making daily commutes and leisurely travels equally convenient. • Solid Income Potential: Given its size, location, and unit mix, this property is poised to provide a steady and significant income stream, making it a coveted asset for those looking to bolster their real estate portfolio. Take the plunge into Brooklyn’s real estate market with this gem, perfectly positioned to offer both charm and profitability. Discover the allure of Bedford Stuyvesant and the promise of a sound investment.

Property Details

Cooling: None
Heating: Other

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Listed by Paul J. St Clair, Coldwell Banker Reliable R E

MLS# KEY958622718-921-3100

Listings courtesy of OneKey® MLS as distributed by MLS GRID

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