Description

Hicks Street was named after John and Jacob Hicks. The Hicks brothers were the only ferry operators during the 17th century providing water transport service between Brooklyn and New York. Thoughtfully nestled on this now famous street in Brooklyn Heights is a very special building: 93 Hicks. Near the Brooklyn Heights Promenade and all services and transportation, this historic 16 unit landmark building, “The Shenley”, provides an interesting and unique investment opportunity. “The Shenley” is an easy rent producing asset, a condo conversion gem, or an ideal target for creative residences in a number of sizes. Currently entirely configured as 16 largely proportioned studio apartments, the majority of which are at market rent levels, this real estate asset allows for endless possibilities. As an exquisite short-term furnished rental building, a luxury studio rental building, studio sales residences, or.... simply curate your own small or large unit reconfiguration. Any way you slice it, The Shenley is an incredible acquisition in one of the most desirable neighborhoods in America. Current condition requires renovation. 7600SF with Full Basement * Rear has exterior SF suitable for the addition of a lift * * 13 Apartments are at market level rents. * 1 RC unit and 2 RS units. The Shenley can be delivered vacant in 2020 with the exception of the aforementioned 3 units. The Shenley is History, framed by an illustrious past And an extraordinary future. Endless possibilities bound.
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$8,600,000

Listed on Mar 07, 2020

112 Days on Market

16 Beds / 16.0 Baths / - ft²

Total Monthly expenses: -

Maintenance: - / R.E. Taxes $7,065

Exclusively listed with: The Corcoran Group Source: RLS

Vicki V Negron

vvn@corcoran.com

(718) 923-8020

Listing Courtesy of The Corcoran Group View Listing

Unit listing history

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