$1,900,000 $2,250,000
Updated 4 years ago
Off Market

101 Vanderbilt Street

Windsor Terrace, Brooklyn | McDonald Ave & East 2nd Street

10 Rooms4 Beds3.5 Baths2,912 Square FeetMulti-Family

$1,900,000 $2,250,000
floors / apts3 / 2
Lot Size27'5"x80'
Built Size25'x55'
ZoneR5
Building TypeLow-Rise
RE Taxes$6,864
Price Per SF
$652

Outdoor space and views

  • Garden
  • Terrace
  • City Views

Building Amenities

  • Garden
  • Roof Deck

Property Description for 101 Vanderbilt Street

Prime Brooklyn Location - Priced to Sell!! A three-story mixed-use corner building located in Windsor Terrace. A RARE opportunity to own this unique property – one of the very few buildings in the area that is grandfathered for ground floor commercial and residential units above. This 1901 pre-war building is solidly built and is a WIN for an investor, a 1031 exchange use, or an end-user. Developers may have the opportunity to bulk up vertically by filing an ALT1 with the Board of Standards and Appeals. The current layout is as follows: Ground Floor: Commercial frontage with tenant in place Ground Floor: Accessory Unit – Usable as additional space to either the commercial or residential tenants 2nd Floor: Two bed/one bath floor-through apartment with private terrace 3rd Floor: Two/bed one bath floor-through apartment Cellar/Basement: Storage, boiler room, and utilities Side Garden: common outdoor space Additional building improvements, such as a roof terrace for use with the top floor unit, and the creation of designated storage in the basement for residential and/or commercial use would further increase building income. Building will be delivered vacant. Interior Square ft: 2912 Lot Size: 27 ½ x 84 ½ x 80 Lot Square ft. 1106 Building Width: 21 ½ x 56.3 x 59.1 Far: Currently built to capacity

Listing History for 101 Vanderbilt Street

Now
06/30/2022
$1,900,000 [-$350,000] [15.6%]
Price Drop by Christine Barranca
Compass
05/03/2022
$2,250,000 [-$400,000] [15.1%]
Price Drop by Christine Barranca
Compass

Building Details for 101 Vanderbilt Street

OwnershipMulti-Family
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Fort Hamilton Pkwy
0.28 miles

Citi Bike

McDonald Ave & Vanderbilt St
0.02 miles
Greenwood Ave & E 4 St
0.18 miles

Contact Agents

Contact Agents

Windsor Terrace | Brooklyn

Quick Profile

The tiny, comma-shaped neighborhood of Windsor Terrace is bookended between two of Brooklyn’s largest green spaces, Prospect Park and the massive Green-Wood cemetery. Aside from the presence of the Prospect Park Expressway, which dissects the neighborhood in two, this residential community offers a suburban sensibility with its tree-lined streets, low volume traffic and the low height character of its streetscape.  

Many homes in the area are low to the ground, lending a suburban feel to the neighborhood, and the area has been down-zoned to maintain its low-rise appeal and character. There are plentiful brick row houses that have very low turnover. If you are lucky enough to buy or rent one, you tend to hold on to it. There are also small apartment buildings, private homes, condos and multi-family homes in a wide price range

There is commercial development along Prospect Park West, Fort Hamilton Parkway and Prospect Avenue, but even these new stores and restaurants are mostly family-owned and operated, maintaining the small-town charm. The pace of life is slower. The schools are good, which is a big draw for families with young children. The people are friendly, which gives a real sense of neighborhood and community to Windsor Terrace.

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: 84402TH