SOLD FOR $4,500,000
· Sold at asking price · Closed January 9, 2018
$4,500,000
11 MONTGOMERY Place
MLS® #RLS10057369
Listing by The Corcoran Group
10
Bedrooms
10
Baths
N/A
Sq. Ft.
1920
Year Built
Sale Details
Property Summary
Description
Offered NOW to the market A TRULY RARE FIND! This is your opportunity to own a prime Park Slope piece of real estate for home / investment. A 30.33 ft wide building with corner exposure and recently renovated facade on Montgomery pl between 8th & PPW!!! Currently set up as a legal 5 unit building totaling 5598 sqft, with tons of original detail and charm!!! The brief summary of expenses and income are as follows: 1st Floor front 1F $3000/Month. 1st floor Rear 1R $4500/month.2nd floor $3700/month,3Rd floor $5000/month4th floor $4200/month Total yearly income - $244,800* You can almost double the rental income by updating the kitchens and bathrooms..Expenses for the year 2014 are as follows:Real Estate Taxes -$31,909 Water Bill - $8,207Insurance - $4,484.46National Grid - $3240Con Edison - $811Total yearly expenses - $44,167Please note access will be given to one apartment, basement apartment, access to hallways and public areas, Roof, electrical and mechanicals as well. Building is in a great condition and well maintained throughout.This dream Building can easily be a one or 2 family building! Private appointments only No Open house.
Property Details
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Listing courtesy of Wassim Fakhereddine at The Corcoran Group. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.