$3,500,000
Updated 2 years ago
Off Market

430 Vanderbilt Ave

Fort Greene, Brooklyn | Greene Ave & Gates Ave

16 Rooms6 Beds4 Baths3,520 Square FeetMulti-Family

$3,500,000
floors / apts4 / 4
Lot Size20'x100'
Built Size20'x42'
ZoneR6B
Building TypeTownhouse
RE Taxes$20,580
Price Per SF
$994

Listing Features

  • Original Details

Outdoor space and views

  • Backyard [1,000 SF]
  • Deck [8'x12']
  • Patio

Building Amenities

  • Voice Intercom

Property Description for 430 Vanderbilt Ave

Don't miss this opportunity to own your piece of Fort Greene's rich history with a tour of 430 Vanderbilt.

This meticulously maintained 1872 Brownstone boasts a stately 20' wide lot that invites you to step into this spectacular bygone era property with many of the pre-war, elegant period details still intact.

Currently configured and used as a lucrative, high-income 4-unit dwelling, this Brownstone exudes sophistication with its many pre-war original details including marble fireplaces, ornate tin ceilings, wood trims and moldings, paying homage to an era of elegance worthy of the Avenue's namesake.

In exceptional turnkey condition, and with ample remaining air rights, 430 Vanderbilt lends a flexibility to the advantage of both investors and end users alike.

For savvy investors, maintaining the property's existing setup delivers an immediate and substantial returns with the four free market, high income rentals, complete with pre-war charms and updated kitchens and bathrooms. These fully occupied apartments have excellent tenants and also will surely captivate any potential future renters seeking for a full floor apartment featuring a blend of classic pre-war charms and modern conveniences.

For an owner occupier, one can dream big with the versatility the property affords. Utilize and restore all five floors to create a magnificent trophy single-unit home or opt to create a blend of comfort and financial security by converting the lower floors into a gracious owner triplex with an expansive 1,000 sqft backyard, and income generating apartments from the upper two floors. The potential to re-configure the different layout and usage to fit one's needs present endless possibilities with little requirement to a full scale restoration. Most importantly, one reaps the benefits of an incredibly well cared for property including recently renovated fa ade, updated mechanicals, including a new boiler and a new roof. These updates will safeguard 430 Vanderbilt as a minimal to hassle-free ownership experience.

Nestled in the landmarked Historic District of Fort Greene surrounded by other neighborhoods including Downtown Brooklyn, Prospect Heights and Clinton Hill, this magnificent Brownstone provides access to some of the most coveted shopping, fine dining, and nightlife in all of Brooklyn including the Vanderbilt business corridor, BAM and the Barclay's Center with transportation from the A,C,G Subways and Atlantic Terminal.

Seize this rare opportunity to own 430 Vanderbilt, a magnificent Fort Greene's Brownstone in Brooklyn!

Listing History for 430 Vanderbilt Ave

Now
10/15/2024
TOM by Tom Le
Corcoran
09/03/2024
Back on the Market by Tom Le
Corcoran

Building Details for 430 Vanderbilt Ave

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts4/4
Learn More About the Building

Transit and Citi Bike

Subway

Clinton-Washington Avs
0.17 miles
Clinton-Washington Avs
0.26 miles
Lafayette Av
0.31 miles
Fulton St
0.4 miles
Bergen St
0.43 miles

Railroad

Atlantic TerminalLong Island Rail Road
0.38 miles

Citi Bike

Fulton St & Clermont Ave
0.05 miles
Fulton St & Waverly Ave
0.16 miles

Contact Agent

Contact Agent

Tom Le
Corcoran

Fort Greene | Brooklyn

Quick Profile

Conveniently situated just north of the beautiful and lush Prospect Park, Fort Greene is rich with history. Representative of an aesthetic that Brooklyn is often associated with--the brownstone and row house architecture being an institution of the community--Fort Greene is decidedly singular in visual style. As part of the National Register of Historic Places, this South Brooklyn neighborhood offers unique charm and plenty of character.

Beginning with its early military-oriented inception (the territory was central to the Battle of Long Island), Fort Greene has always been recognized for its spaciousness and a sense of openness. Filled with nature and greenery, it is also home to its very own eponymously named park in addition to being in close proximity to Brooklyn’s largest recreational area, Prospect Park (containing the beloved Prospect Park Zoo within it). 

Many residents come from different socioeconomic backgrounds and commute to their workplaces in Manhattan, while keeping Fort Greene as their separate haven. The diversity of the area has proven to be one of the few examples of a Brooklyn neighborhood maintaining its roots in part thanks to its protected status. 

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: 56191TH