$3,200,000
Updated 8 years ago
Sold

536 Bergen Street

Prospect Heights, Brooklyn | 6th Ave & Carlton Ave

24 Rooms12 Beds10 Baths5,826 Square FeetMulti-Family

$3,200,000
floors / apts3 / 6
Lot Size27'x100'
Built Size26'x82'
ZoneR6B
Building TypeTownhouse
RE Taxes$15,043
Price Per SF
$549

This property was sold for $3,200,000 on 10/03/18.

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom
  • Laundry Room

Property Description for 536 Bergen Street

Legally a 6-unit building, 536 Bergen Street (Block: 01143, Lot: 0039) is located between 6th and Carlton Avenues, in the Prospect Heights section of Brooklyn, NY. Built 26.5ftx82ft on a 27ftx100ft lot. According to most recent architectural plans it is 5934sf, 5826sf on public record. Property is zoned R6B. Top floor is two gut-renovated, free-market, floor-through 3BR 2bath apartments. Middle floor was divided into four gut-renovated 1BR 1bath apartments. Ground floor is two un-renovated, rent-stabilized, floor through apartments same overall size as the top floor units. Legally a 6-unit in prime Prospect Heights at the juncture of Park Slope, Fort Greene and burgeoning Downtown Brooklyn. In the epicenter of Brooklyns dining, nightlife, retail amenities. In Brooklyns central transportation hub, 0.1miles to the Bergen Street Station, 0.2miles to Barclays Center and 0.4miles to Atlantic Center Station. Most of the building has been gut renovated, but there is significant additional value to be realized in the building: Basement is ready to be converted to large laundry room and storage facilities, which would raise the potential gross rents for all units. Two ground floor, occupied, un-renovated, rent stabilized apartments have significant future value with a vacancy renovation. Keeping the current footprint, the same-size top floor apartments command free market rents of $3800 (compared to $1153 and $1707.) A vacancy renovation incorporating part of the basement below and giving backyard space would significantly increase value of these units.This property is perfectly situated in the middle of several of the most desirable neighborhoods in Brooklyn, at the junction of Prospect Heights, Fort Greene, Park Slope and Downtown Brooklyn, in the epicenter of dining, nightlife and retail amenities. Located near all the subway lines at Barclays Center/Atlantic Terminal (2/3,4/5,D/N/R,B/Q) at the central transportation hub of Brooklyn. Write now for complete offering memorandum.

Listing History for 536 Bergen Street

Now
10/03/2018
$3,200,000
Sold and Closed by Jonah Ramu Cohen
Corcoran
07/09/2018
Contract Signed by Jonah Ramu Cohen
Corcoran

Building Details for 536 Bergen Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

Bergen St
0.14 miles
7 Av
0.21 miles
Grand Army Plaza
0.35 miles
Atlantic Av-Barclays Ctr
0.38 miles
Clinton-Washington Avs
0.42 miles

Railroad

Atlantic TerminalLong Island Rail Road
0.29 miles

Citi Bike

Carlton Ave & Dean St
0.11 miles
Prospect Pl & 6 Ave
0.14 miles

Contact Agent

Contact Agent

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: 70241TH