Listing Information
| gregorywilliamson.elliman.com
The Williamson Team
At Douglas Elliman Real Estate

86 Amity Street - Cobble Hill, New York

86 Amity Street - Cobble Hill, New York

 

86 Amity Street is a rare 4 story plus cellar, 25' wide Federal Brick townhouse located in the most desirable part of Cobble Hill. Currently configured as an 8 family building and delivered vacant, built 25' x 50+' and over 5500 square feet with a large backyard, this is a rare opportunity to purchase at under $750 per foot. Additionally, with an allowable FAR of 2.43, this property can be expanded to 6075 square feet in addition to its full cellar. This property presents the possibility to create an incredible 1 or 2 family mansion renovated to your exact tastes or it could also be a superb investment opportunity. Curate the home of your dreams at significantly less than it costs to purchase an inferior product from a developer. As an investment the numbers work for either an income property which will earn approximately a 5% cap rate or could make a superb condo conversion. A projected condo sellout is approximately $9 million. Located in the heart of Cobble Hill very close to world class shopping and dining on Atlantic Ave, Court, Smith, and Montague Streets which offer local boutiques and national brands like Trader Joes, Equinox, Barnes and Noble, Barneys. Some of NYCs best public and private schools, 85 acre Brooklyn Bridge Park, and all Subway lines are a very short walk. This is a superb purchase for a savvy buyer.

This listing courtesy of Douglas Elliman

Property Details

86 Amity Street - Cobble Hill, New York

Price: $3,875,000

Neighborhood: Cobble Hill

Multi-Family

Pets Allowed

Monthly Real Estate Tax: $1,351

8 Beds | 8 Baths

Approximate Sq. Feet: 5,000

Listing ID: 2430223

 

 

Building Details

Prewar

Your Agent(s)

Gregory Williamson

Gregory Williamson

O: 212.712.6088

M: 718.490.6519

gwilliamson@elliman.com

86 Amity Street - Cobble Hill, New York

Floor plan of 86 Amity Street - Cobble Hill, New York

Your Agent(s)

Gregory Williamson

Gregory Williamson

O: 212.712.6088

M: 718.490.6519

gwilliamson@elliman.com

86 Amity Street - Cobble Hill, New York

Floor plan of 86 Amity Street - Cobble Hill, New York

Your Agent(s)

Gregory Williamson

Gregory Williamson

O: 212.712.6088

M: 718.490.6519

gwilliamson@elliman.com

86 Amity Street - Cobble Hill, New York

Floor plan of 86 Amity Street - Cobble Hill, New York

Your Agent(s)

Gregory Williamson

Gregory Williamson

O: 212.712.6088

M: 718.490.6519

gwilliamson@elliman.com

All data is deemed reliable but is not guaranteed accurate by the RLS or Douglas Elliman. See Terms of Service for additional restrictions.

 

© 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 are deemed reliable, but should be verified by your own attorney, architect or zoning expert. The number of bedrooms listed above is not a legal conclusion. Each person should consult with his/her own attorney, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom.

 

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