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$7,500,000

  • For Sale
  • Active
  • Multi-Family
  • 22 Total Beds
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The ideal trophy asset - introducing your opportunity to acquire 138+140 Montague Street, a Landmark Commercial building located in the Heart of Brooklyn Heights. Boasting 22 residential units and 4 coveted commercial storefronts, this iconic asset is on the market for the first time in nearly 50 years. With a net annual pro-forma income of $534,390 (7.1% cap), this property belongs in the portfolio of any astute investor. Its' highly desirable and central location ensures proximity to trains and public transportation, enhancing the strength of the asset. Meticulously upkept throughout the years. New heating system, roof, and siding. Seize this chance to own a piece of one of the most recognizable streets in Brooklyn Heights.

Full Property Details for 138 Montague St

General

  • Price: $7,500,000
  • Taxes: $308,841
  • Status: Active
  • Type: Multi-Family
  • Source: Long_Island
  • MLS ID: L3517855
  • Updated: 12/3/2024
  • Added to Site: 788 day(s) ago

Interior

  • Number of Rooms: 22

Rooms

Bathrooms

  • Total Bathrooms: 22
  • Full Bathrooms: 22

Bedrooms

  • Total Bedrooms: 22

Parking

  • Parking Features: On Street

Location

  • County: Brooklyn
  • Township: Brooklyn
  • Cross Streets: Henry St.

School Information

  • Elem School District: Brooklyn 13
  • Midd School District: Brooklyn 13
  • High School District: Brooklyn 13
  • Middle School: Ps 282 Park Slope
  • High School: Brooklyn Academy High School

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall Unit(s)
  • Heating Type: Natural Gas, Steam
  • Water Heater: Gas Stand Alone

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Townhouse
  • Detached/Attached: Detached
  • Construction: Block, Brick
  • Basement: Yes
  • Basement Desc.: Full Basement
  • Common Walls: No Common Walls
  • Building Size: 49' x 60.83'
  • Year Built: 1900

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,703
  • Lot Size Source: Other
  • Lot Dimensions: 49.5 x 95

Financial Considerations

  • Tax Amount: $308,841
  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Exclusions: Awnings
  • Property ID: 00249-0030
  • Block: 249
  • Lot Number: 30

Listed by EXP Realty

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Listing agents

— 138 Montague St —

  • EXP Realty

  • EXP Realty

888-276-0630

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 138 Montague St

School District:New York City Geographic School District 13
NameGradesDistance
Emily Warren Roebling School (The)
37 Hicks Street, Brooklyn, NY 11201
K-80.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 138 Montague St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/26/2024
Price Reduced
$7,500,000
-6.25%
MLS
11/22/2023
Listed
$8,000,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 138 Montague St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$234,731
-16%
$2,301,210
3%
2024
$279,495
-11%
$2,235,600
-15%
2023
$314,758
4%
$2,623,950
—
2022
$304,072
-42%
$2,631,600
23%
2021
$524,304
75%
$2,137,050
-19%
2020
$299,982
5%
$2,642,850
4%
2019
$286,859
7%
$2,552,850
5%
2017
$267,175
—
$2,429,550
2%
2017
$267,175
6%
$2,375,100
-3%
2016
$251,386
43543%
$2,459,700
16%
2015
$576
-100%
$2,116,800
11%
2014
$215,075
3%
$1,902,600
15%
2013
$208,741
—
$1,648,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by EXP Realty

138 Montague Street, Brooklyn Heights, NY 11201 (MLS# L3517855) is a Multi-Family property with 26 units containing 22 bedrooms and 22 full bathrooms. 138 Montague Street is currently listed for $7,500,000 and was received on November 22, 2023. Want to learn more about 138 Montague Street? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn Heights? You can browse all Brooklyn Heights real estate or contact a Coldwell Banker agent to request more information.

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