42-50 Orange St, Brooklyn, NY 11201

20 Unit Apartment Building | $18,750,000 ($937,500/Unit) | Brooklyn, NY 11201

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $18,750,000

Property Type
Multifamily
Square Feet
14,850 SF

Listing Contacts

Brett Rovner
Brett Rovner
Verified Profile
Randolph Lewis
Randolph Lewis
Verified Profile
  • Property Info

Property Overview

The Ashtin Group has been retained on an exclusive basis to arrange for the sale of 42-50 Orange Street, a five-story, elevatored, multifamily property located in the heart of Brooklyn Heights. The property is comprised of 20 units, all of which are free market. The property has been impeccably maintained and is truly pristine.
?42-50 Orange Street offers potential investors a unique and attractive opportunity to own a low maintenance, 100% free market, multifamily property in the heart of Brooklyn Heights — one of Brooklyn's most desirable neighborhoods. The prime location coupled with 100% free market units and future income growth potential make this a rare opportunity not to be missed. The property will be sold on as "As-Is", "Where-Is" basis.
Characterized by its tree-lined streets, historic brownstones, and stunning views of the Manhattan skyline, Brooklyn Heights is a rare gem and just a hop, skip and jump away from the Financial District. A quick subway ride Northbound or east will land you among the iconic Wall Street skyscrapers or the bustling streets of Dumbo, respectively.
Considered New Yorks first "Suburb", the name Brooklyn Heights is derived from its naturally elevated position. Posh and renowned, Brooklyn Heights has been called home by a handful of high-profile, celebrity residents. Among its iconic landmarks is the Brooklyn Heights Promenade, which provides a panoramic vista of the East River and Lower Manhattan. Afternoon strolls across the Brooklyn Bridge are a must — and only a short walk away. Whether you're exploring its historic streets, architectural marvels, or enjoying its culinary delights, Brooklyn Heights offers an unforgettable experience that truly captures the essence of New York's Timeless allure.

Property Details

Class
C
Year Built/Renovated
1900/2006
Stories
5
Lot Size (sq. ft)
2,614 SF
Units
20

Highlights

  • Gym
  • Roof Deck
  • Elevator
  • Can be purchased separately or as part of a portfolio with 35 Pineapple Street

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].