447 Hicks Street New York City, NY 11201
Listing Courtesy of: REBNY / Brown Harris Stevens Brooklyn LLC / Cobble Hill / Al Viera

  447 Hicks Street New York City, NY 11201

Active (52 Days)
$6,080,000
8
BED
8
BATH

Description

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.

MLS #:
RPLU-850723158545
Taxes
$13,392
Type
Single-Family Home
Year Built
1900
County
Kings County
Community
Cobble Hill

Listed By

Justin Zucker, South Slope
Al Viera, Cobble Hill
Source
REBNY
Last checked Oct 12 2024 at 9:13 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 8
Interior Features
  • Laundry: In Unit
Subdivision
  • Cobble Hill
Heating and Cooling
  • Other
Basement Information
  • Other
Stories
  • 4
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 24, 2024
Price Changed
$6,080,000
-2%
-120,000
Sep 17, 2024
Price Changed
$6,200,000
-2%
-150,000
Sep 06, 2024
Price Changed
$6,350,000
-8%
-525,000
Aug 21, 2024
Original Price
$6,875,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Awaye Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Real Estate Board of New York (REBNY). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/12/24 14:13