by RH Advisors

See Home Value
$2,700,000
Condo - Off Market

651 VANDERBILT Avenue #BUILDING

Brooklyn, NY 11238
bedrooms
6 Beds
bathrooms
3 Baths, 1 Half Bath
$3,122,994
RealtyHop Estimate
20.12%
Since Aug 1, 2021
NY-New York
Primary Model

About This Property

All showings by private appointment only.

An incredible investment opportunity awaits on one of Brooklyn?s premier retail corridor in Prospect Heights.  651 Vanderbilt Avenue is a stunning, brick, 3 story, mixed use townhouse with a thriving retail space and two free market, 3 bedroom apartments situated just blocks from the Prospect Park promenade.

This 18.75 ft x 55 ft building with a classic, well-maintained 1930?s brick facade, sits on an 18.75 ft x100 ft lot creating an incredible 3,100 sqft above grade with an over 1000 sqft basement and a huge backyard.

As currently configured, this 3 Unit mixed use building generates a 5% cap rate and is a turnkey money maker with an abundance upside for years to come.  The savvy investor can untap its true potential with over 4,400 sqft of unused FAR or consider it as an owner occupier of the available vacant residential or for future business endeavor.

The thriving and established retail space features a highly respected wine store that sits on one of the most well trafficked commercial corridors in Brooklyn and the two full floor apartments feature warm, inviting 3 bedroom layouts with large windows allowing for an abundance light and picturesque sunsets.

651 Vanderbilt Avenue is located just 3 blocks from Grand Army Plaza, Prospect Park which offers a plethora of social, cultural events the farmer?s market as well as blocks to all the major cultural institutions like the Brooklyn Museum, Brooklyn Central Library, the Brooklyn Botanic Gardens and many more.  This location is truly a focal point to all must have amenities and established retails in Prime Prospect Heights, a premier Brooklyn neighborhood offering popular variety of restaurants, coffee shops, and trendy retail stores.  It also offers fantastic public transportation of the B,Q,2,3 Subways.  Do not miss this chance at this rare offering at 651 Vanderbilt Avenue.

Additional photos and videos are available upon request.
Unit Size
-
Days on Market
172 days
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
1909
Last updated: 3 months ago (RLS #CORC-6254933)

Price History

Date / Event Date Event Price
Jul 22, 2021 No longer available -
No longer available
Jul 22, 2021 Price Decreased $2,600,000
↓ $100K (3.7%)
Price Decreased
Jul 20, 2021 Sold $2,700,000
Sold
Jun 2, 2021 In contract -
In contract
Jan 29, 2021 Listed by Corcoran Group $2,895,000
Listed by Corcoran Group

Property Highlights

Interior Details

Bedroom Information

Bedrooms: 6

Bathroom Information

Full Bathrooms: 2
Half Bathrooms: 1

Room Information

Rooms: 11
Exterior Details

Property Information

Year Built: 1930

Building Information

Pets Allowed: Building Yes, No

Land Information

Tax Block: null


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Co-op
5 Beds
3 Baths
2,700 ft²
$963/ft²
$2,600,000 Mar 31, 2023
$2,600,000 Oct 25, 2023
$2,599/mo
Condo
5 Beds
4 Baths
2,200 ft²
$955/ft²
$2,100,000 May 16, 2021
$2,100,000 Jul 22, 2021
$2,182/mo
Townhouse
5 Beds
3 Baths
2,700 ft²
$954/ft²
$2,576,000 May 26, 2017
$2,576,000 Aug 18, 2017
-
Multifamily
5 Beds
3 Baths
3,120 ft²
$793/ft²
$2,475,000 Oct 28, 2022
$2,475,000 Feb 16, 2023
-
Townhouse
5 Beds
3 Baths
3,000 ft²
$872/ft²
$2,615,000 Dec 4, 2020
$2,615,000 Apr 29, 2021
-
Townhouse
5 Beds
3 Baths
-
$2,700,000 Oct 16, 2020
$2,700,000 Aug 30, 2021
-
Townhouse
6 Beds
4 Baths
2,448 ft²
$1,101/ft²
$2,695,000 Sep 12, 2023
-
$585/mo
Multifamily
6 Beds
3 Baths
-
$2,150,000 Jul 19, 2022
-
$983/mo
In Contract
Multifamily
5 Beds
5 Baths
4,057 ft²
$641/ft²
$2,600,000 Jan 1, 2024
-
$2,102/mo
Townhouse
5 Beds
3 Baths
3,182 ft²
$786/ft²
$2,500,000 Jan 16, 2024
-
$254/mo
House
7 Beds
1.5 Baths
2,801 ft²
$891/ft²
$2,495,000 Aug 6, 2022
-
$1,045/mo
Multifamily
5 Beds
4 Baths
3,248 ft²
$861/ft²
$2,795,000 Sep 23, 2021
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

651 Vanderbilt Avenue 651 Vanderbilt Avenue, Brooklyn, NY 11238
  • 3 Units
More about this Building
651 Vanderbilt Avenue
Want to find out who owns 651 Vanderbilt Avenue, Brooklyn, NY 11238? Get detailed property transactions here .

About Northwestern Brooklyn


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