$5,300,000
Updated 11 years ago
Off Market

552-554 Vanderbilt Ave

Prospect Heights, Brooklyn | Dean Street & Bergen Street

Multi-Family

$5,300,000
floors / apts5 / 5
Built Size40'x80'
Building TypeTownhouse
RE Taxes$13,800

Listing Features

  • Original Details

Outdoor space and views

  • Garden

Building Amenities

  • Voice Intercom
  • Garage

Property Description for 552-554 Vanderbilt Ave

> Right in the heart of one of Brooklyn's hippest areas. > Vanderbilt Avenue has become the place to be. > Two contiguous buildings are being sold as one package. > 554 Vanderbilt is a newly renovated, 5 story, extra long townhouse with 3-5 separate units that can be used and combined, make an assortment of different configurations. > All units are beautifully crafted, using custom cabinetry, hi-end appliances, HWF and all with private outdoor space. > All units presently have month to month leases. > First floor retail space has 6 year lease and building has 15 year tax abatement. > Next door at 552 Vanderbilt there are two apartments, un-renovated with month to month leases. > Ground floor commercial has a two year lease remaining, plus parking! > This location is an ideal location for end user or developers.. > Near trains, shops, BAM, LIRR.

Listing History for 552-554 Vanderbilt Ave

Now
05/08/2014
POM by Jackie Jacquelyn Lew
Brown Harris Stevens Residential Sales LLC
02/07/2014
TOM by Jackie Jacquelyn Lew
Brown Harris Stevens Residential Sales LLC

Building Details for 552-554 Vanderbilt Ave

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AccessWalk-up
Floors/Apts5/5
Learn More About the Building

Transit and Citi Bike

Subway

Clinton-Washington Avs
0.25 miles
7 Av
0.3 miles
Bergen St
0.37 miles
Grand Army Plaza
0.37 miles

Railroad

Atlantic TerminalLong Island Rail Road
0.46 miles

Citi Bike

Bergen St & Vanderbilt Ave
0.04 miles
Carlton Ave & Dean St
0.16 miles

Contact Agents

Contact Agents

Jackie Jacquelyn Lew
Brown Harris Stevens
Marc Wisotsky
Brown Harris Stevens

Prospect Heights | Brooklyn

Quick Profile

Prospect Heights is a small residential neighborhood surrounded by big attractions. It’s rich in culture and offers the perfect blend of old Brooklyn charm and modern-day hipness. 

Residents of this tight-knit community include young professionals, families and long-time residents. It’s a walkers paradise - just steps from Prospect Park and a short walking distance to neighborhoods like Downtown Brooklyn, Fort Green and Clinton. You’re close to culture too. Brooklyn Museum, Brooklyn Library, Brooklyn Botanical Garden, Brooklyn Academy of Music and the Barclays Center are all nearby.

Prospect Heights is bordered by Flatbush Avenue to the west, Washington Avenue to the east, Atlantic Avenue and Dean Street to the north and Eastern Parkway to the south.

Prospect Heights, like many areas of New York City, was first inhabited by indigenous tribes and eventually settled by the Dutch and turned into farmland. 

A significant part of the Revolutionary War was fought in Prospect Heights and the surrounding areas. Known as the Battle of Brooklyn, it was the first military engagement following the Declaration of Independence. Things didn’t go so well for American forces so they retreated and the British occupied Manhattan for several years after the Battle of Brooklyn.

In 1867, the opening of Prospect Park caused major housing growth in Prospect Heights. The middle-class neighborhood was soon populated by Jewish, Italian, and Irish workers. Many of which were shop-owners or employed as laborers in nearby factories.

Housing in Prospect Heights includes single-family row houses, historic townhouses, co-ops, and new luxury condos. The median listed price for a 1-bedroom in Prospect Heights is $680,000 with an average price per square foot is $944.

The neighborhood's commercial artery runs along Vanderbilt Avenue and Washington Avenue. The variety of businesses adds to the charm of the neighborhood. They include bars, pubs, restaurants and mom-and-pop stores of all types. The shops and eateries are a perfect alternative to the big-name attractions that bracket the neighborhood. It's a little bit of everything in this neighborhood. 

Subways are plentiful in Prospect Heights. Its proximity to Manhattan is another perk of the neighborhood. It's about a half-hour train ride. The B, D, N, Q, R, 2, 3, 4 and 5 subway lines all serve the Atlantic Avenue/Barclays Center station. 2, 3, 4, B and Q trains cover the neighborhood and the A and C trains are nearby too. 

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.
OLR ID: 43897TH