This classic three-family is situated at the nexus of four highly desirable neighborhoods: Carroll Gardens, Cobble Hill, Boerum Hill, and Gowanus. The building is very well maintained and has been extensively upgraded over the last two decades. In 2004, the owner upgraded the electrical service; added new electrical panels; replaced all plumbing supply, vent and drains; replaced all the windows; switched all interior plaster to new drywall, and added new insulation to the top of the building. More recently, the roof, boiler, and water heater have been replaced. Since 2017, the exterior walls were repointed; the cornices were restored; the lintels were resurfaced, and new gas meters were installed. Lastly, the whole structure has been reinforced with new lally columns. This building is 20 feet wide and 45 feet deep with three floor-through apartments and a full cellar. The first floor one-bedroom apartment has high ceilings and direct access to an incredibly private garden. The upper two floors are one-plus-den apartments. Each feature wide plank pine floors, arches, and tin ceilings. The building is fully occupied, but two floors can be delivered vacant with the garden floor tenants moving out in December. For more information about leases, income and expenses please reach out to the listing broker. Nearby, the revitalization of the Gowanus Canal district is predicted to increase property values significantly in this area. The Gowanus district, on its way to be the 'Venice of Brooklyn' with public esplanades, parks, and plazas that is already bringing new life to what was once an industrial waterfront. With 8,200 brand new apartments added by 2035 within less than a half mile of this property, its value will only increase. Beside the renaissance of the Gowanus neighborhood, there are a multitude of other conveniently located amenities such as Smith Street's vibrant restaurant row (one block away), easy access to a variety of subway lines, as well as the boutiques of Atlantic Avenue and Court Street. Whether indulging at Pig Beach, browsing the aisles at Whole Foods or improving your shuffleboard game at The Royal Palms, this house gets a high walkability score of 98 putting every imaginable urban activity at its doorstep. Plans provided include the existing layout as well as alternate uses as single and two family homes. The owner is excited to pass on this piece of history to the next steward and eager to hear offers from investors as well as homeowners.

Property Details of 248 Hoyt Street, Unit Building

Property Details

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Listed by Kirsten Syrett and Sarah Chamberlin of Compass

Based on information submitted to REBNY as of August 10, 2022 10:19 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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