INVESTMENT OVERVIEW
*Sold as-is with 7 out of 10 units occupied (6 out of 7 occupied units are free-market apartments)*
The Brennan Team of Marcus & Millichap presents 87 Joralemon Street, a five story
brownstone building comprised of 10 residential apartments in the Brooklyn
Heights neighborhood of Brooklyn, New York. The property is located between
Garden Place and Hicks, and is a few blocks from the Borough Hall 2, 3, 4 & 5 train
lines.
The subject property was built in 1910 and measures approximately 20 feet by 48
feet deep on a lot that extends 100.67 feet deep. Including an approximately 63
square foot extension on both the first and second floors, the property measures
a gross building size of approximately 4,926 square feet. Zoning is R6 and the
property is in Tax Class 2B.
87 Joralemon offers the rare chance to acquire a five-story brownstone apartment
building located on one of the most desirable blocks of Brooklyn Heights. The
property offers cash-flow, with the potential for single-family, or condo, redevelopment
in the future.
266 days
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1,444
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41
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Zillow last checked:
Listing updated:
Listed by:
Marcus & Millichap Real Estate Investment Services Inc617-852-2038,
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.