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Off market
  • $4,240,900

    40 Schermerhorn St APT 1, Brooklyn, NY 11201

    6beds
    3,800sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $4,240,900 Zestimate®
    $1,116/sqft
    $7,624 Estimated rent

    Home value

    $4,240,900

    $3.69M - $4.96M

    $7,624/mo

    Zestimate® history
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    Owner options

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    $7,624/mo

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    $7,624/mo

    Rent Zestimate®

    Refinance and save

    $25,594/mo

    Est. payment

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    $25,594/mo

    Est. payment

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    What's special

    THE OFFERING Marcus & Millichap is pleased to present 40 Schermerhorn Street in Brooklyn Heights section of Brooklyn, NY. Located on one of Brooklyn Height's most desired blocks, this 19-foot wide home has 5 stories, a basement/cellar, and will be delivered entirely vacant. With 3,800 square feet of interior living space, this home is currently configured as a 3-family with an owner-occupied triplex (garden through 3rd Floor), and two vacant floor-through rental apartments on the 4th and 5th floor . The building retains its 4-family certificate of occupancy allowing for a new owner to keep the owner's triplex or return the building to its conforming use by easily converting the garden unit to a rental. The property is built 19' x 40' on a 19' x 80.42' lot allowing for ample outdoor space which is more important than ever in a post-pandemic environment. The backyard is accessible via the parlor floor unit along with the garden unit. THE LOCATION 40 Schermerhorn Street is conveniently located 2 blocks from Borough Hall Subway Station providing access to the 2,3,4,5, and R trains. The property is also a 5 minutes walk to the A/C/F trains at Jay Street Metrotech along with A/C/G Trains at Hoyt/Schermerhorn Station. 40 Schermerhorn is a short walk to the water ferries and is only 6 blocks from Brooklyn Bridge Park. Excellent shopping and dining are steps away on Court Street. 40 Schermerhorn really puts you in the center of it all! THE OPPORTUNITY 40 Schermerhorn can be: your family's duplex or triplex with income producing rental(s); converted to a single-family home; or an excellent investment opportunity as a four-apartment rental or four-unit condo. With VACANT delivery by the owner, do not miss the opportunities awaiting at 40 Schermerhorn Street. Property tours are by appointment only. To schedule a property tour or view a virtual tour please reach out to the exclusive listing agents.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Appliances
    • Included: Dryer, Washer
    Interior area
    • Total interior livable area: 3,800 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1910

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $1,116/sqft

    Price history

    DateEventPrice
    5/11/2021Sold$3,100,000-13.8%$816/sqft
    Source: StreetEasy #S1503791 Report a problem
    2/9/2021Pending sale$3,595,000$946/sqft
    Source: Marcus & Millichap Real Estate Investment Services Inc Report a problem
    11/10/2020Listed for sale$3,595,000$946/sqft
    Source: Marcus & Millichap Real Estate Investment Services Inc Report a problem
    7/29/2014Listing removed$8,200$2/sqft
    Source: Douglas Elliman Report a problem
    6/26/2014Price change$8,200-3.5%$2/sqft
    Source: Douglas Elliman Report a problem
    5/28/2014Listed for rent$8,500$2/sqft
    Source: Douglas Elliman Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Brooklyn Heights

    Nearby schools

    GreatSchools rating