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538 Bainbridge Street - Availability Details

538 Bainbridge Street, Brooklyn, NY 11233

  • For Sale $1,800,000
  • City Brooklyn
  • Neighborhood Ocean Hill
  • Zip Code 11233
  • Market Brooklyn
  • Property Type Multi-Family
  • Property Size 5,585 Sqft
  • Lot Size 0.06 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1907
  • Date Updated 15 Jun, 2021
South side of Bainbridge Street between Saratoga Avenue and Thomas S Boyland Street.
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Location

  • City Brooklyn, NY
  • Neighborhood Ocean Hill
  • Zip Code 11233
  • Market Brooklyn

Contacts

broker

DJ Johnston

B6 REAL ESTATE ADVISORS

(646) 933-2619

Highlights

  • Building is currently 100% free market and not subject to rent regulation.
  • As Tax Class 2A, the building is protected from egregious tax increases. An opinion letter from a tax attorney can be provided upon request.
  • Building comprises of six (6) 2-bedroom units through three stories.
  • Located within three blocks to J, Z trains at Halsey Street station on Broadway, providing convenient access to Williamsburg and Manhattan within 25 minutes.
  • The building is 73’ feet deep offering massive 2 BR units. Value-add potential through renovation or reconfiguration of layouts. All tenancies are free-market - either MTM or on short-term leases.
  • Potential portfolio sale with 743 Mac Donough St – a similar Ocean Hill 6-family – 100% free market. Same ownership, can be sold as a package or separately. Inquire for details.
  • Option to assume current mortgage

Attachments

Contact Listing Broker

broker

DJ Johnston

B6 REAL ESTATE ADVISORS

(646) 933-2619

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