Active

447 Hicks Street

Brooklyn NY, 11201

$6,350,000


Active

8 Beds

8 Baths

Other

Built in 1900

AVAILABLE FOR THE 1ST TIME IN 35 YEARS!!!

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.

This 8-unit building is fully occupied, collecting free-market rents. No rent control or rent stabilization. Tenants pay all utilities.

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.
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.

10 minutes to NYC Ferry service @ Atlantic Avenue/Pier 6: Brooklyn Bridge Park
8-13 minutes to (8) different train lines
Citibike 1 block away(3) grocery stores within 5 minutes
Please contact us with any questions and for a full setup.

RPLU-850723158545

MLS ID

September 6, 2024

Listed

September 16, 2024

Updated

Map

447 Hicks Street
Brooklyn NY, 11201

Interior Features

Total Stories

4


Bedrooms

8


Total Bathrooms

8


Full Bathrooms

8


Laundry Description

In Unit


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

No

Exterior/Building Features

Other Property Details

Taxes

$13,392


Tax Frequency

Annually


Garage

No


View

No


View Description

Other


County

Kings


Pool

No


Zoning

R6

Listed by Justin Zucker with Brown Harris Stevens Brooklyn LLC
Listing Contact: (718) 613-2987 

The IDX display contains information sourced from the Real Estate Board of New York as of 9/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available

©2024 Real Estate Board of New York all rights reserved.

Data last updated on 9/16/2024 at 2:55 PM UTC

 

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