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37 Wolcott St
Brooklyn, NY 11231
Multifamily Property For Sale · 3 Units

Property Facts

No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.04 AC
Building Size 3,360 SF
No. Stories 4
Year Built/Renovated 1899/2018
Zoning R5 - R5 Zoning is considered “low density” residential zoning.

About 37 WOLCOTT ST , BROOKLYN, NY 11231

An incredible find in Red Hook- income potential of up to $11,300 and a 5.57% Cap Rate! This is an Opportunity Zone property which gives special tax benefits for investor owners of this property. See more info here: https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions. This handsome and distinctive 4-story, 3-family townhouse boasts 3,360 square feet that has been extensively updated to suit today's luxurious style and needs. The home is currently configured with a wonderful garden duplex apartment along with two floor-through rental apartments. The upstairs apartments are both 2 bed 2 baths, featuring in-unit washer dryers and stainless steel appliances. The main level duplex offers 3 bedrooms, 2.5 baths, hardwood floors, high ceilings and sun-filled windows that enhance the ambiance. The sleek eat-in kitchen in the duplex is designed for the gourmet chef with Caesarstone counter tops and a custom island that allows for 4-stool seating. The kitchen is also equipped with stainless steel Miele chef stove, microwave and dishwasher, as well as a Sub-Zero refrigerator. The home offers plenty of closets throughout and a private laundry room and fenced yard space that's nearly 1200 square feet. The home is in a terrific location that's very close to the Van Brunt strip which offers great shops, cafes and restaurants, the Fairway supermarket and other amenities!

Property Taxes

Property Taxes

Parcel Number
00577-0014
Land Assessment
$13,080
Improvements Assessment
$194,580
Total Assessment
$207,660
  • Listing ID: 14022974

  • Date on Market: 10/9/2018

  • Last Updated:

  • Address: 37 Wolcott St, Brooklyn, NY 11231

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