$3,600,000
Updated 3 years ago
Off Market

73 Steuben Street

Clinton Hill, Brooklyn | Park Ave & Myrtle Ave

6,500 Square FeetIncome Property

$3,600,000
floors / apts4 / 10
Lot Size25'x100'
Built Size25'x65'
ZoneM1-1
Building TypeLow-Rise
RE Taxes$9,600
Price Per SF
$554

Building Amenities

  • Video Intercom

Property Description for 73 Steuben Street

Introducing 73 Steuben a huge (6500sqFt + Full Bsmt) 10 Family in prime Clinton Hill. Built 25×65 with 4 floors on a 100 lot. The property is comprised of all two bedroom units and one three bedroom unit. The current RR Is 22,000 monthly (264,000 yearly) with 30,000 in expenses. There are currently 8 units with 3 of them being RS (including pref rents) and 5 units fully FM. There is also dedicated storage in the building that contributes to the RR. Currently 6.5% cap rate with upside - Access is available for the right investor / buyer & setup is available. Thanks

@teambluesale for more multi family real estate

Listing History for 73 Steuben Street

Now
02/08/2024
POM by Nathaniel J. Smith
Oxford Property Group
01/10/2024
$3,600,000
Initial Price by Nathaniel J. Smith
Oxford Property Group

Building Details for 73 Steuben Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVideo Intercom
AgePre-War
AccessWalk-up
Year Built1925
Floors/Apts4/10
Learn More About the Building

Transit and Citi Bike

Subway

Classon Av
0.48 miles

Citi Bike

Emerson Pl & Myrtle Ave
0.13 miles
Washington Ave & Park Ave
0.23 miles

Contact Agent

Contact Agent

Nathaniel Smith
FIND Real Estate

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: 93757TH