$3,895,000
Updated 12 years ago
Sold

73 South Oxford Street

Fort Greene, Brooklyn | South Oxford Street & Lafayette Ave

8,372 Square FeetMulti-Family

$3,895,000
floors / apts4 / 8
Lot Size24'x82'
Building TypeTownhouse
Price Per SF
$465

This property was sold for $3,895,000 on 07/15/14.

Listing Features

  • High Ceilings
  • Original Details
  • Skylights
  • Spiral Staircase
  • Oil Heat

Outdoor space and views

  • Courtyard
  • Garden Views
  • Townhouse Views
  • Treeline Views

Building Amenities

  • Voice Intercom

Property Description for 73 South Oxford Street

Located on the corner of South Oxford and Lafayette in one of Brooklyn’s most charming blocks, stands 73 South Oxford—a five-story landmark townhouse built in the 1930’s. Just steps away from Fort Greene Park with close proximity to the new Barclays Center, this brownstone sits on a huge 44' wide and 82' deep lot that crosses Lafayette Avenue. The townhouse itself is 24' wide and 56' deep, with the remaining property used as four-car private parking and adjacent garden with a side entrance to the building.



The current building set up is as follows:



· Parlor Floor has a 1 bedroom apartment and a 3 bedroom, 2 bath apartment duplex that connects to the Garden floor

· Third floor is a 3 bedroom, 2 bath floor through apartment

· Fourth floor is 3 bedroom, 2 bath floor through apartment

· Fifth floor is a 2 bedroom, 2 bath floor through apartment

· The commercial space is used as an antique jewelry store, and is situated on the ground floor





With six rented, free market income producing units, this is truly an incredibly rare investment package. The serene bedroom floors offer large bright rooms, loft like ceilings, and wonderful window filled rooms from triple exposure to the south, west and east.



Spanning 6,720 square feet as an R6B—with 2.0 FAR—73 South Oxford was actually “overbuilt” and enjoys a mass amount of additional space. With its landmark status, developing the property with the original façade can allow for a single-family home conversion while retaining all of the extra square footage.



Ready to be renovated to meet your personal desires and reap the benefits of high rental income, 73 South Oxford is conveniently located next to the neighborhood’s shops and restaurants, as well as the C and G Lines and the Atlantic Avenue stop for the NQR, 4 5, and 2 3— a quick 10 minute ride to downtown Manhattan.



Projected cap. rate is 6%. Expenses, rent roll, and further details available upon request. 24 hour advance notice prior showing.

Listing History for 73 South Oxford Street

Now
10/16/2014
Sold and Closed by Bryan Atienza
Nest Seekers International
06/09/2014
Contract Signed by Bryan Atienza
Nest Seekers International

Building Details for 73 South Oxford Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts4/8
Learn More About the Building

Transit and Citi Bike

Subway

Lafayette Av
0.1 miles
Fulton St
0.1 miles
Atlantic Av-Barclays Ctr
0.28 miles
Clinton-Washington Avs
0.35 miles
Nevins St
0.37 miles

Railroad

Atlantic TerminalLong Island Rail Road
0.29 miles

Citi Bike

Cumberland St & Lafayette Ave
0.04 miles
Carlton Ave & Greene Ave
0.15 miles

Contact Agents

Contact Agents

Bryan Atienza
Nest Seekers International
Ryan Serhant
Nest Seekers International

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: 52501TH