The Shenley

93 Hicks Street

Brooklyn Heights   |   Orange Street & Pineapple Street

Building for sale
$ 8,600,000
Ownership Rental Property
Floors/Apts 4/16
Status Active
Real Estate Taxes [Per Annum] $ 83,844
Building Type Low-Rise
Year Built 1900
ASF/ASM 7,600/706
Listing ID: 78385TH

Property Description

Hicks Street was named after John and Jacob Hicks. The Hicks brothers were the only ferry operators during the 17th century providing water transport service between Brooklyn and New York. Thoughtfully nestled on this now famous street in Brooklyn Heights is a very special building: 93 Hicks. Near the Brooklyn Heights Promenade and all services and transportation, this historic 16 unit landmark building, “The Shenley”, provides an interesting and unique investment opportunity. “The Shenley” is an easy rent producing asset, a condo conversion gem, or an ideal target for creative residences in a number of sizes. Currently entirely configured as 16 largely proportioned studio apartments, the majority of which are at market rent levels, this real estate asset allows for endless possibilities. As an exquisite short-term furnished rental building, a luxury studio rental building, studio sales residences, or.... simply curate your own small or large unit reconfiguration. Any way you slice it, The Shenley is an incredible acquisition in one of the most desirable neighborhoods in America. Current condition requires renovation. 7600SF with Full Basement * Rear has exterior SF suitable for the addition of a lift * * 13 Apartments are at market level rents. * 1 RC unit and 2 RS units. The Shenley can be delivered vacant in 2020 with the exception of the aforementioned 3 units. The Shenley is History, framed by an illustrious past And an extraordinary future. Endless possibilities bound.
Hicks Street was named after John and Jacob Hicks. The Hicks brothers were the only ferry operators during the 17th century providing water transport service between Brooklyn and New York. Thoughtfully nestled on this now famous street in Brooklyn Heights is a very special building: 93 Hicks. Near the Brooklyn Heights Promenade and all services and transportation, this historic 16 unit landmark building, “The Shenley”, provides an interesting and unique investment opportunity. “The Shenley” is an easy rent producing asset, a condo conversion gem, or an ideal target for creative residences in a number of sizes. Currently entirely configured as 16 largely proportioned studio apartments, the majority of which are at market rent levels, this real estate asset allows for endless possibilities. As an exquisite short-term furnished rental building, a luxury studio rental building, studio sales residences, or.... simply curate your own small or large unit reconfiguration. Any way you slice it, The Shenley is an incredible acquisition in one of the most desirable neighborhoods in America. Current condition requires renovation. 7600SF with Full Basement * Rear has exterior SF suitable for the addition of a lift * * 13 Apartments are at market level rents. * 1 RC unit and 2 RS units. The Shenley can be delivered vacant in 2020 with the exception of the aforementioned 3 units. The Shenley is History, framed by an illustrious past And an extraordinary future. Endless possibilities bound.

Listing Courtesy of The Corcoran Group

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Apartment Features

A/C
93 Hicks Street Brooklyn Heights Brooklyn NY 11201

Building Details [93 Hicks Street]

Ownership Rental Property
Service Level Voice Intercom
Access Walk-up
Block/Lot 226/3
Building Type Low-Rise
Year Built 1900
Floors/Apts 4/16

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2020 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.