38 Schermerhorn Street

Brooklyn Heights   |   Clinton Street & Court Street

Price Drop
Building For Sale
$ 3,985,000 [ 6.21% | $ 264,000 ]
Ownership Rental Property
Floors/Apts 4/7
Status Active
Real Estate Taxes [Per Annum] $ 32,420
Building Type Low-Rise
Year Built 1910
ASF/ASM 3,590/334
Listing ID: 81724TH

Property Description

A rare and exceptional multi-unit townhouse opportunity in the heart of Brooklyn Heights. Currently being utilized as a legal 7 family with free market rents, but is also the perfect opportunity to convert to an expansive single family home. Buyers also have an option of building out their desired apartment and keeping the others for rental income. The possibilities are endless. 38 Schermerhorn was built in 1910 and sits on a 19ft x 80ft lot. As it stands, the seven apartments consist of three (3) Studios, three (3) one bedrooms, and one (1) two bedroom with exclusive access to the basement and private outdoor space. Conveniently, 38 Schermerhorn is close to Borough hall 4 & 5 trains, the Jay street station, Trader Joes, and a bountiful selection of cafes, bars and restaurants. Current rent roll and expenses are available upon request.
A rare and exceptional multi-unit townhouse opportunity in the heart of Brooklyn Heights. Currently being utilized as a legal 7 family with free market rents, but is also the perfect opportunity to convert to an expansive single family home. Buyers also have an option of building out their desired apartment and keeping the others for rental income. The possibilities are endless. 38 Schermerhorn was built in 1910 and sits on a 19ft x 80ft lot. As it stands, the seven apartments consist of three (3) Studios, three (3) one bedrooms, and one (1) two bedroom with exclusive access to the basement and private outdoor space. Conveniently, 38 Schermerhorn is close to Borough hall 4 & 5 trains, the Jay street station, Trader Joes, and a bountiful selection of cafes, bars and restaurants. Current rent roll and expenses are available upon request.

Listing Courtesy of Douglas Elliman Real Estate

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Apartment Features

A/C
Washer / Dryer Hookups
38 Schermerhorn Street Brooklyn Heights Brooklyn NY 11201

Building Details [38 Schermerhorn Street]

Ownership Rental Property
Service Level Voice Intercom
Access Walk-up
Block/Lot 270/45
Building Type Low-Rise
Year Built 1910
Floors/Apts 4/7

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


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