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115-117 S Elliott Pl

2 Multifamily Properties Offered at $4,199,000 in Brooklyn, NY

Investment Highlights

  • Package Deal! Gorgeous Two 8 Family Brownstones in Prime Fort Greene!
  • Both properties together generate a 7.34% CAP Rate.
  • Meticulously maintained beautiful 8-family brownstones
  • This is an investor’s dream! Full Set Up is Available!

Executive Summary

Package Deal! Gorgeous Two 8 Family Brownstones in Prime Fort Greene!
Discover the allure of these two meticulously maintained beautiful 8-family brownstones nestled in the heart of Fort Greene. This is an investor’s dream! Both properties are surrounded by trendy cafes and boutique shops, and very conveniently located a few steps away from the Fulton St G and Lafayette Ave A/C train stations, just 3 short blocks to the Apple Brooklyn Downtown Store, Whole Foods Market, Barclays Center, Atlantic Ave-Barclays Center train station, Long Island Rail Road, Atlantic Terminal Mall and only 1 block away from Fort Greene Park.
Dating back to the mid-19th century, these Italianate-style gems exude timeless elegance and original details while seamlessly blending modern comforts. Each brownstone has a beautiful backyard and boasts a mix of spacious updated 1 and 2 bedroom apartments with box layouts, hardwood floors, tons of natural light, full bathrooms with tub and shower. Both properties together generate a 7.34% CAP Rate.
115 S Elliott Pl
Bld: 21 x 45 ft
Lot: 21 x 100 ft
Zoning: R6B
FAR: 1.60; MAX FAR: 2
Taxes: $19,852/Yr
117 S Elliott Pl
Bld: 21 x 40 ft
Lot: 21 x 100 ft
Zoning: R6B
FAR: 1.65; MAX FAR: 2
Taxes: $19,852/Yr
Great Opportunity for Investors in a Historic Fort Greene!
Call TODAY for a Full Set Up!
Francesco Belviso 718-570-4564
Capri Jet Realty 718-388-2188
*Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.

Property Facts

Price $4,199,000
Price / SF $624.85 / SF
Sale Conditions
1031 Exchange
  • Build to Suit
  • Bulk/Portfolio Sale
Cap Rate 7.34%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 6,720 SF
Total Land Area 0.09 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
115 S Elliott Pl, Brooklyn, NY 11217 Multifamily 3,360 SF 1930 -
117 S Elliott Pl, Brooklyn, NY 11217 Multifamily 3,360 SF 1930 -
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  • Listing ID: 33982270

  • Date on Market: 11/23/2024

  • Last Updated:

  • Address: 115-117 S Elliott Pl, Brooklyn, NY

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