$5,750,000
Updated 11 years ago
Off Market

130 Montague Street

Brooklyn Heights, Brooklyn | Henry Street & Clinton Ave

7,500 Square FeetRental Property

$5,750,000
floors / apts5 / 9
Lot Size25'x100'
Built Size25'x60'
ZoneR7-1
Building TypeLow-Rise
Price Per SF
$767

Building Amenities

  • Voice Intercom

Property Description for 130 Montague Street

The subject property is located on the south side of Montague Street
between Henry & Clinton Streets in the heart of Brooklyn Heights. The
building features two retail units and nine residential apartments over
five stories.
The property consists of two retail tenants: Dashing Diva, the beauty
salon on the lower level with a lease running through 2018 and Ruby & Jenna, a women’s apparel boutique on the upper retail level who begins
their 10 year lease in June 2012.

The nine residential units are all rent stabilized, averaging approximately $1,200/unit per month or approximately only $38/pnsf. In total the building contains 11 units grossing approximately $450,000 in annual revenue.

Listing History for 130 Montague Street

Now
12/17/2012
POM by Robert Knakal
Cushman & Wakefield
08/08/2012
Back on the Market by Robert Knakal
Cushman & Wakefield

Building Details for 130 Montague Street

OwnershipRental Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts5/9
Learn More About the Building

Transit and Citi Bike

Subway

Court St
0.12 miles
Clark St
0.21 miles
Borough Hall
0.23 miles
High St
0.38 miles
Jay St-MetroTech
0.38 miles

Citi Bike

Henry St & Remsen St
0.05 miles
Pierrepont St & Monroe Pl
0.06 miles

Ferry

Atlantic Ave/BBP Pier 6
0.45 miles

Contact Agents

Contact Agents

Robert Knakal
Cushman & Wakefield
Stephen Palmese
Cushman & Wakefield
Winfield Clifford
Cushman & Wakefield

Brooklyn Heights | Brooklyn

Quick Profile

Brooklyn Heights was Manhattan’s first suburb. The Brooklyn Bridge is a neighborhood draw, offering some of the most beautiful views of the Manhattan skyline, as well as an easily walkable means of commuting into the City. Montague Street has been the main commercial street in Brooklyn Heights since the 1800s, but it is not overly commercialized. Smaller shops help maintain the small neighborhood feel of Brooklyn Heights.

The quaint cobblestoned side streets highlight the historic feel to this lovely, vibrant neighborhood that is filled with exciting and innovative restaurants, stores that have those perfect home decor items, that little black dress you love, and your favorite dry cleaner is right around the corner. Brooklyn Heights is your perfect city within the City.

There are apartments, condos, and co-ops that resulted from the conversion of pre-war residential hotels. The townhouses in Brooklyn Heights are often five stories, instead of the three stories found elsewhere. You’ll also find row houses and stunning single family mansions. Due to the three protected historic districts, opportunities for new construction are limited, and the appearance of the neighborhood seems frozen in the era when these buildings were originally constructed.

Renowned public and private schools make the neighborhood attractive to young families with school-age children. The neighborhood is generally “kid-friendly,” with parks, playgrounds, and quiet streets where kids can still play safely.

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: 25089TH