368 Manhattan Ave, Brooklyn, NY 11211

15 beds, 12 baths, 9,721 sqft
For Sale
$6,750,000
Zestimate®: $5,280,499
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If you are a savvy investor on a mission to enrich your portfolio, or on a hunt for your portfolio's crown jewel - this is that luxury 10-unit residential investment opportunity in the most sought-after neighborhood in Brooklyn that you have been waiting for...! This newly developed building features high-end materials and fixtures, and can be purchased to satisfy your immediate rental portfolio needs (you will have the option to operate your investment as a luxury rental project without skipping a beat), or for conversion to a condominium (9-year tax abatement in place). Over 9,700 s/f, with three penthouses, two garden duplexes, two 2BR residences, three 1BR residences, spectacular roof deck with expansive views. Each unit has its own individual water heater, and all residences include bathrooms with heated towel racks. Unlike similar newer developments in the area, this building is full of luxurious yet unpretentious high-end elements, like wrought iron handrails in the stairways, and a utility room built to be able to withstand moisture and effectively eliminate it. Beyond the solid infrastructure, other amenities include a beautiful shared outdoor space (featuring a garden with seating), a shared roof deck with breathtaking views and coin-operated laundry facility. One block parallel to Graham Avenue, and a short distance to both McCarren Park and the L train, this building is sure to entice the pickiest of apartment seekers looking to relocate to Brooklyn's most happening neighborhood. The street is quaint, but the epicenter of the action is just blocks away. The inventory of this nature is in very limited supply, and developers with their sights set on Brooklyn are at all times vying for more. Don't let this opportunity pass you by, you may live to regret not purchasing this one. Call today to schedule a private showing.  MoreLess
Facts
  • Multi Family
  • Built in 2001
  • 286 days on Zillow
  • Price/sqft: $694
Features
  • Garden
    Additional Features
    • Total Floors \ 4,Borough \ Brooklyn,Block Number \ 2744,Lot Number \ 3,Total Charges \ 0
    Construction
    • Unit count: 9
    Other
    • Floor size: 9,721 sqft
    • Zillow Home ID: 2110710051
    Home Values
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    $5,280,499
    +$430,445 Last 30 daysd
    $3.59M
    $6.34M
    Zestimate range
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    A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $6,191/mo
    -$23 Last 30 daysd
    $3.5K
    $12K
    Zestimate range

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    Neighborhood for 368 Manhattan Avenue

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    Zillow predicts 11211 home values will rise 14.7% next year, compared to a 5.5% rise for New York as a whole. Among New York homes, this home is 1161.4% more expensive than the midpoint (median) home, and is priced 67.6% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 11211, the number of foreclosures waiting to be sold is 100% greater than in New York, and 89.6% less than the national average. This higher local number may prevent 11211 home values from rising as quickly as other regions in New York.

    Learn more about forecast calculations or 11211 home values.
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      About these agents
      These buyers' agents specialize in this area and can assist you in seeing this home or answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
      Close
      Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

      Learn how to appear as the agent above

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      Want to learn how to appear as the agent above? Contact us here or call us at (855) 840-3292

      Email successfully sent!Submission failed!

      Next: Find out what you can afford on Zillow Mortgage Marketplace.

      Get Pre-Approved

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      Contact me

      Thanks for using Zillow to find agents and lenders to help you with your home shopping.

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