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141 Engert Ave., Brooklyn, NY 11222

$4,200,000
Active Listing
Listing Details:
$4,200,000 Price
Single-Family Townhouse Property Type
Greenpoint Neighborhood
8 Beds
6 Baths
5,625 Approx. Sq. Ft.
$1,330 RET
Key Features:
Prewar
Allows Pets
Unit Garden
Unit Terrace
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.

Listing courtesy of Compass

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