Updated 7 years ago
Off Market
859 Halsey Street
Bedford Stuyvesant, Brooklyn | Howard Ave & Saratoga Ave
20 Rooms10 Beds6 Baths4,875 Square FeetMulti-Family
$2,700,000
floors / apts3 / 6
Lot Size25'x100'
Built Size25'x65'
ZoneR6B
Building TypeTownhouse
RE Taxes$8,496
Price Per SF
$554
Listing Features
- Architectural Dtls
- High Ceilings
- New Windows
- Restored Details
- Central AC
- Central Heat
Outdoor space and views
- Backyard
- Garden Views
- Treeline Views
Building Amenities
- Voice Intercom
- Bike Storage
- Garden
- Laundry Room
- Storage
Property Description for 859 Halsey Street
859 Halsey is a beautifully maintained 25' wide townhouse featuring six fully-occupied free-market apartments yielding appx 5.5% capitalization rate. This turnkey building situated right on Saratoga Park is your perfect opportunity to get into the Bed-Stuy housing market. The units make very desirable homes ? five of which have been newly renovated, and all six with central A/C. Roof, facade, and mechanicals are all in excellent condition, and the common areas including hallways and basement are pristine. Tenants have access to both laundry and bike storage. This outstanding location offers a variety of shopping and nightlife as well as easy transportation options including the J train at Halsey and the C at Ralph Ave. The high income potential offered here, paired with the superior condition and location of this property, make this an exceptional value not to be passed up.
Listing History for 859 Halsey Street
Now
09/26/2019
POM by Marc Karavasian
Douglas Elliman
08/20/2019
$2,700,000 [-$200,000] [6.9%]
Price Drop by Marc Karavasian
Douglas Elliman
Building Details for 859 Halsey Street
OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/6
Transit and Citi Bike
Subway
Halsey St
0.1 miles
Gates Av
0.34 miles
Chauncey St
0.45 miles
Ralph Av
0.49 miles
Citi Bike
Broadway & Hancock St
0.1 miles
Macon St & Howard Ave
0.12 miles
Bedford Stuyvesant | Brooklyn
Quick Profile
Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood.
Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue.
At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces.
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: 75667TH
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