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In Contract
346 Montgomery St.

346 Montgomery St.

346 Montgomery St., Brooklyn, NY 11225

$5,500,000

Property Description

346 Montgomery St. stands as a lucrative investment opportunity in Crown Heights, boasting a prime location. With xits spacious 24,000 sqft building comprising 24 units, including 22 free market units, investors can anticipate significant upside potential. Additionally, situated on a lot sized 60x120, the property offers ample space for expansion or value add, further enhancing its appeal to savvy investors. Financial Overview is available upon request.

Overview

Property Type
Multi-family, Commercial
Location
346 Montgomery St., Brooklyn, NY 11225
Listing Last Updated
10/3/2024 4:44 PM

Property Features & Amenities

Interior

Exterior

Details

Total Area
24,000 Sq.Ft.
Neighborhood
Crown Heights

Financial

Price
$5,500,000
Real Estate Tax
$63,730/yr

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Exclusive Listing Agents

Matthew Scott

Licensed Associate Real Estate Broker

(615) 430-7696

SERHANT. Lifestyle Index

Amplifying our listings by providing geo-targeted data insights that matter most.
  • culture
  • culinary
  • transportation
  • character
  • parks

    very large amount of park space within a few minutes' travel
  • shopping

    exceptional variety of shops within a few minutes’ travel
  • nightlife

    variety of bars within a few minutes' travel
  • restaurants

    exceptional variety of restaurants within a few minutes’ travel
  • cafes

    variety of cafés within a few minutes' travel
  • groceries

    at least one supermarket within a 5-minute travel
  • pedestrian friendly

    all day-to-day needs are within a few minutes' travel
  • cycling friendly

    suitable for bicycle commuting and/or recreational cycling
  • transit friendly

    near a wide variety of rapid transit and/or frequent bus lines
  • car friendly

    some arteries nearby, but traffic congestion and parking problems are likely
  • quiet

    very few sources of noise nearby
  • greenery

    some trees on the street, with some parks nearby
  • historic

    a moderate number of historical buildings nearby
  • vibrant

    exceptionally vibrant atmosphere at all hours
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The Neighborhood

Crown Heights

Crown Heights spans a huge cross-section of central Brooklyn, running from the Brooklyn Botanic Garden on one edge all the way to East New York on the other. The neighborhood, full of Brooklyn old-timers and newcomers alike, is as busy, vibrant, and eclectic as it is wide.

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Get In Touch

Matthew Scott
Matthew Scott
Licensed Associate Real Estate Broker
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