Active

447 Hicks Street

Brooklyn NY, 11201

$4,950,000


Active

8 Beds

8 Baths

Residential

Built in 1900

AVAILABLE FOR THE 1ST TIME IN 35 YEARS!!!
Located at the cross-roads of SIX dynamic and culturally rich Brooklyn neighborhoods, this premium investment opportunity in Cobble Hill is just minutes from Brooklyn Bridge Park, waterfront attractions and the best of what these neighborhoods have to offer.
This 8-unit building is fully occupied, collecting free-market rents. No rent control or rent stabilization. Tenants pay all utilities.
Offered as a turn-key investment opportunity with fantastic occupancy rates. it is a perfect fit for cash-flow portfolio investors as well as first-timers alike, who may not want to deal with renovation. This also serves as a very stable legacy investment for those looking to deploy capital into an anchor of stability, all the while providing for your next generation of family to occupy one or more units in the future.
The building's infrastructure and individual apartments are all in great condition. New roof, and recent facade repointing. Hard wood floors throughout. Healthy boiler and mechanicals.
10 minutes to NYC Ferry service @ Atlantic Avenue/Pier 6: Brooklyn Bridge Park
8-13 minutes to (8) different train lines
Citibike 1 block away(3) grocery stores within 5 minutes
Please contact us with any questions and for a full setup.

RPLU-850723158545

MLS ID

September 6, 2024

Listed

December 4, 2024

Updated

Map

447 Hicks Street
Brooklyn NY, 11201

Interior Features

Total Stories

4


Bedrooms

8


Total Bathrooms

8


Full Bathrooms

8


Laundry Description

In Unit


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

No

Exterior/Building Features

Architectual Style

Walk-Up

Other Property Details

Taxes

$13,392


Tax Frequency

Annually


Garage

No


View

No


View Description

Other


County

Kings


Pool

No


Zoning

R6

Listing History

Date

Event

Price

11/7/2024

Price change

$4,950,000

-19%

9/24/2024

Price change

$6,080,000

-2%

9/17/2024

Price change

$6,200,000

-3%

Listed by Justin Zucker with Brown Harris Stevens Brooklyn LLC
Listing Contact: (718) 613-2987 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 12/4/2024 at 5:15 PM UTC

 

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