$3,295,000
Updated 9 years ago
Off Market

126 Saint Marks Ave

Prospect Heights, Brooklyn | Flatbush Ave & Carlton Ave

13 Rooms7 Beds5 Baths2,565 Square FeetMulti-Family

$3,295,000
floors / apts3 / 4
Lot Size19'x131'
Built Size19'x45'
ZoneR6B
Building TypeTownhouse
RE Taxes$6,189
Price Per SF
$1,285

Listing Features

  • Original Details

Outdoor space and views

  • Backyard
  • Garden
  • Patio

Building Amenities

  • Voice Intercom
  • Garden
  • Laundry Room
  • Second Entry
  • Stoop Entry

Property Description for 126 Saint Marks Ave

Reduced to sell $850/sq.ft! This restored four-family brownstone with rare three-story extension provides almost 4,000 square feet of living space (not including the finished basement), offering a host of options for the new owner(s). Create a lower duplex (approximately 2,200 square feet) and collect $7,000 per month in rental income from the top two floors. Enjoy the extra deep, south-facing garden with a lovely brick patio and the finished basement with separate back egress. Convert to an upper triplex with garden rental and collect over $3,000 per month in rental income while enjoying the top floor deck with fabulous, open views. Keep the townhouse as an income-producing venture and collect over $13,000 in monthly rental income. This property is the perfect candidate for a 1031 tax exchange, as all systems have been updated, including kitchens, baths, electric, plumbing and heating, roof, windows and facade.

Located in Prime Prospect Heights, one of Brooklyn's most sought after neighborhoods, with the hottest eateries only blocks away. Minutes to the area's cultural treasures, including Prospect Park, Brooklyn Botanic Garden, Brooklyn Museum of Art, BAM and Grand Army Plaza. Also a convenient commute to Manhattan on the 2/3 or Q/B. The house is fully vacant.

Listing History for 126 Saint Marks Ave

Now
12/07/2015
Contract Signed by Charles L. Ruoff
Brown Harris Stevens
12/02/2015
POM by Charles L. Ruoff
Brown Harris Stevens

Building Details for 126 Saint Marks Ave

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/4
Learn More About the Building

Transit and Citi Bike

Subway

7 Av
0.14 miles
Bergen St
0.18 miles
Grand Army Plaza
0.28 miles
Atlantic Av-Barclays Ctr
0.44 miles
Clinton-Washington Avs
0.46 miles

Railroad

Atlantic TerminalLong Island Rail Road
0.35 miles

Citi Bike

7 Ave & Park Pl
0.11 miles
Park Pl & Carlton Ave
0.12 miles

Contact Agents

Contact Agents

Charles Ruoff
Brown Harris Stevens
Karen Shen
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: 36549TH