27 Grace Ct
Brooklyn, NY 11201
Multifamily Property For Sale · 13 Units

ONCE IN A LIFE TIME OPPORTUNITY........ Brooklyn Landmark Real Estate is pleased to present the first exclusive offering in more than 30 years of 27 Grace Court boutique apartment building located in the heart of Brooklyn Heights. This offering for sale presents an excellent opportunity to establish a meaningful presence in one of New York City’s most exclusive neighborhoods- Brooklyn Heights. The building has total of 13 apartments, of which 7 (60%) are Free Market. The remaining three apartments are Rent Stabilized, with good future upside. This historic piece of real estate is five story walk-up apartment building located on the north side of the Grace Court off Hicks St. Because of its location and position, the building has excellent south with direct sun and north light. The building is totaling 9,000+/- gross square feet (purchase must verify on its own) with apartments are currently configured as a mix of studio, lofts, one, and two bedroom units. The building is located on very quiet, “dead end” tree lined streets less than a 1/3 block away from beautiful view of NYC Harbor and Foreman Street Park and is walking distance to all trains at Borough Hall, Clark, Bergen and Montague St subway station and all amenities Brooklyn Heights has to offer. This is great opportunity for investors because 60% of the apartments are “free market”. Thus, immediate opportunity to re-configuring apartments and increase rents that are currently between 15-25% below market or one who desires to own this beautiful piece of Brooklyn History and convert back to single family mansion. Possibility if desired to deliver vacant. Call listing broker for more information... Let's make a deal today. Property sold "As is,where is"with clean marketable title. Buyers advised to perform own due diligence. Now to be delivered vacant.