$5,700,000
Updated 10 years ago
Off Market

21 Spencer Place

Clinton Hill, Brooklyn | Hancock Street & Fulton Street

11,200 Square FeetIncome Property

$5,700,000
floors / apts4 / 8
Lot Size40'x100'
Built Size40' wide
ZoneRB6
Building TypeTownhouse
RE Taxes$8,988
Price Per SF
$509

Listing Features

  • Gas Heat

Building Amenities

  • Voice Intercom
  • Stoop Entry

Property Description for 21 Spencer Place

Introducing one of the largest apartment buildings in Bedford Stuyvesant. There are only four building like this one in the entire area. This building has eight units and all of them have been renovated. Three of the eight have been renovated and stainless steel appliance have been installed, floors have been redone and they have new kitchens and bathrooms. This building is currently fully occupied with tenants that pay rent in full and on time. The leases in this building end between May and July of 2016. They are all FREE MARKET APARTMENTS that include heat and hot water. This building is heated with a gas system. The space has plenty of opportunity for gradual improvements that will increase the buildings income significantly. THIS BUILDING IS NOT EASY TO SHOW. Please advise what day and time you would like to view and I will do my best to make it happen.

Listing History for 21 Spencer Place

Now
05/20/2016
POM by Mikael Johnson
Douglas Elliman
05/19/2016
$5,800,000 [-$200,000] [3.3%]
Price Drop by Mikael Johnson
Douglas Elliman

Building Details for 21 Spencer Place

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts4/8
Learn More About the Building

Transit and Citi Bike

Subway

Franklin Av
0.09 miles
Nostrand Av
0.22 miles
Park Pl
0.48 miles

Railroad

Nostrand AvenueLong Island Rail Road
0.39 miles

Citi Bike

Hancock St & Bedford Ave
0.06 miles
Brevoort Pl & Bedford Ave
0.09 miles

Contact Agent

Contact Agent

Mikael Johnson
Douglas Elliman

Clinton Hill | Brooklyn

Quick Profile

Tucked behind the Brooklyn Navy Yard in central Brooklyn is the quiet residential neighborhood of Clinton Hill. Once a strictly working-class neighborhood, Clinton Hill has become known for its elegant brownstones and stately mansions that were built as Manhattanites crossed the East River in the 1920s in search of the supposed health benefits that came from living “on the hill,” which has an elevation of 95 feet. Now you will also find newer luxury apartment and condo buildings interspersed throughout the neighborhood.

The Pratt Institute and St. Joseph College give the area a certain energy that comes from having a college in your town, while it’s leafy streets, some with their original cobblestones, and slower pace attract young families. Millennials and professionals are flocking to Clinton Hill in search of a reasonably priced neighborhood that offers both nightlife and an easy commute to Manhattan. Clinton Hill is a beautiful neighborhood with a suburban feel and firm roots in its past that also offers plenty of urban amenities.

New businesses are showing up in Clinton Hill on a regular basis, adding to the current proliferation of coffee shops, restaurants, and bars. As the population changes, new entertainment and nightlife venues are migrating to the area to meet the demand. Barclays Center is within easy walking distance, offering exciting sporting events and concerts.

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: 45361TH