447 Hicks Street
Cobble Hill, Brooklyn, NY 11201
$4,950,000
Description
447 Hicks Street,
Brooklyn,
NY
11201
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.
Listing By: Brown Harris Stevens via Data Source: RealPlus MLS
Price History
date | price | variance | type |
---|
11/7/2024 | $4,950,000 | 18.59 % | decreased |
9/25/2024 | $6,080,000 | 1.94 % | decreased |
9/18/2024 | $6,200,000 | 2.36 % | decreased |
9/7/2024 | $6,350,000 | 7.64 % | decreased |
8/21/2024 | $6,875,000 | - | Listed |