93 Hicks St - Apartments FOR SALE


Brooklyn, NY 11201- Brooklyn Heights
$9,600,000 USD
212-230-5998
93 Hicks St, Brooklyn, NY for Sale
$9,600,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

93 Hicks St
Brooklyn, NY 11201
Brooklyn Heights


HIGHLIGHTS

  • 96% Free Market
  • Top-of-the-line renovations
  • Zero deferred maintenance: Brand new building systems and restored exterior
  • Unbeatable Brooklyn Heights location

OVERVIEW

Avison Young, as exclusive agent, is pleased to offer for sale 93 Hicks Street (the “Property”), a newly reimagined multifamily walk-up building located in the picturesque Brooklyn Heights neighborhood. Featuring 25 feet of frontage on the east side of tree-lined Hicks Street between Pineapple Street and Orange Street, the four-story building spans 8,400± square feet across sixteen (16) residential apartments. Of the sixteen (16) residential units, fifteen (15) are free market and one (1) is temporarily rent stabilized. Since the building underwent a substantial rehabilitation, the remaining rent-stabilized unit will become free market when the current tenant vacates. All the units, except for a lower-level apartment, consist of one-bedroom, one-bathroom layouts. The lower-level apartment is a two-bedroom, one-and-a-half-bathroom layout.

FOR SALE DETAILS

PRICE

$9,600,000 USD

PRICE/SF

$1,143 USD /SF

# OF UNITS

16

PRICE/UNIT

$600,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R7-1

APN/PARCEL ID

00226-0003

ASK ABOUT THIS PROPERTY

Brandon PolakoffAvison YoungMore Info
212-230-5998

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Brandon PolakoffAvison YoungMore Info
212-230-5998

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.