- New Developments
152 Montague Street - Brooklyn Heights, New York
This rare five story, 25 footer offers high income plus substantial upside. It has approximately 7,000 sq. ft. and five (5) above-ground floors
Located in arguably one of the most secure growth markets anywhere in the world today, Montague Street is just four blocks long, and is easily among the most picturesque main-streets in the U.S. and a year-round destination for international travelers. As quaint as Brooklyn Heights truly is, it's also anchored by 6 subway lines and Montague Street is the gateway to four of the most important growth centers in New York City today:To the west is Brooklyn Bridge Park, the new 85 acre, $400 million masterpiece of waterfront parkland and condominiums. To the east is Downtown Brooklyn, the luxury sky scraper district populated with office, retail, government and home to 11 university campuses and 60,000 college students. Due north, is DUMBO, the arts and technology power-house. Due south is Cobble Hill, a luxurious brownstone neighborhood and home to River Park, the transformational water-front neighborhood and luxury residential re-development of former Long Island College Hospital campus.152 Montague Street's location amenities and area median income are equal or better than Gramercy, the West Village, and West Chelsea, yet like an undervalued stock it trades at a discount, making 152 Montague a smart buying opportunity for secure value and growth.
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This listing courtesy of Douglas Elliman
575 MADISON AVENUE, NEW YORK, NY 10022. 212. 891.7000 © 2019 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. DRE # 01947727