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51 Havemeyer St, Brooklyn, NY, 11211

5beds
1baths
3,500sqft
$5,265,000
$1,504price/sqft
$30,356/moest. monthly cost
$1,214,240/yrincome needed

About This Home

Vacant Brick Mixed Use Built 25’ x 95’ on Ground Floor with Full Usable Basement | 25' x 45' on Upper 2 Floors | Approx 3,500 SF Above Grade | Situated on a 25’ x 100’ Lot Fully leasable “Covered Land Play” Vacant Building with HVAC already separated and pass-through to each unit. Projection of $250,000 of NOI in as-is shape. 7,500 BSF as of right (3.0 FAR, R6A/MX-8) with an additional 2,250 Market Rate BSF Certificates Secured by Developer for Use “on site” or within “same community board district” for a total of 9,750 BSF Perfect Live Plus Income Opportunity or Townhouse Redevelopment with Art Gallery on Ground Floor & Retain Air Rights (both excess as of right and the 2,250 BSF additional market rates certs purchase and secured by seller) Ideal for a developer in a 1031 exchange that needs to “park” rollover gains in a future development site.

Getting Around

99
WalkingWalker's Paradise
0
TransitVery Limited Transit
92
BikeBiker's Paradise

Schools

Construction

Condition

  • Year built: 1910

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full bathrooms: 1

Interior Area

  • Total structure area: 3,500
  • Total interior livable area: 3,500 sqft

Property

Details

  • Parcel number: 023310002
  • Special condition: Resale