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Map
$2,700,000
●
Condo -
Off Market
651 VANDERBILT Avenue #BUILDING
Brooklyn, NY 11238
6 Beds
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.
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
Location Details
Subdivision Name: Prospect Heights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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
-
Sold
Townhouse
5
Beds
3
Baths
3,000 ft²
$872/ft²
$2,615,000
Dec 4, 2020
$2,615,000
Apr 29, 2021
-
Sold
Townhouse
5
Beds
3
Baths
-
$2,700,000
Oct 16, 2020
$2,700,000
Aug 30, 2021
-
Active
Townhouse
6
Beds
4
Baths
2,448 ft²
$1,101/ft²
$2,695,000
Sep 12, 2023
-
$585/mo
In Contract
Multifamily
5
Beds
5
Baths
4,057 ft²
$641/ft²
$2,600,000
Jan 1, 2024
-
$2,102/mo
Active
Townhouse
5
Beds
3
Baths
3,182 ft²
$786/ft²
$2,500,000
Jan 16, 2024
-
$254/mo
Active
House
7
Beds
1.5
Baths
2,801 ft²
$891/ft²
$2,495,000
Aug 6, 2022
-
$1,045/mo
In Contract
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 |
---|