Multifamily
102 Pierrepont Street
102 Pierrepont St, Brooklyn, NY 11201
Listing Price: $4,975,000
Investment Overview
Marcus & Millichap is pleased to offer 102 Pierrepont Street presents a rare opportunity to acquire a trophy asset, six-unit brownstone delivering both immediate income and long-term appreciation potential at an attractive basis. The property totals approximately 7,530 SF across six spacious residential units, including a stunning three-bedroom garden duplex and a collection of high-renting floor-through apartments. With 83% of units free market, top-of-market rents, and one current vacancy offering upside through lease-up at higher levels, the building provides a compelling blend of stability and growth.
102 Pierrepont Street
Investment Highlights
- 102 Pierrepont Street, built in 1860, is a six-unit brownstone spanning approximately 7,530 SF with a desirable mix of large three-bedroom and one-bedroom layouts, including a spacious garden duplex.
- Expense Ratio: 33% | Tax Class: 2A | Cap Rate: 6.6%
- Situated on one of Brooklyn Heights' most picturesque blocks, 102 Pierrepont is surrounded by landmark brownstones and is steps from the Promenade, Montague Street retail, and Brooklyn Bridge Park.
Listing Price: $4,975,000
Investment Highlights
- 102 Pierrepont Street, built in 1860, is a six-unit brownstone spanning approximately 7,530 SF with a desirable mix of large three-bedroom and one-bedroom layouts, including a spacious garden duplex.
- Expense Ratio: 33% | Tax Class: 2A | Cap Rate: 6.6%
- Situated on one of Brooklyn Heights' most picturesque blocks, 102 Pierrepont is surrounded by landmark brownstones and is steps from the Promenade, Montague Street retail, and Brooklyn Bridge Park.
Investment Overview
Marcus & Millichap is pleased to offer 102 Pierrepont Street presents a rare opportunity to acquire a trophy asset, six-unit brownstone delivering both immediate income and long-term appreciation potential at an attractive basis. The property totals approximately 7,530 SF across six spacious residential units, including a stunning three-bedroom garden duplex and a collection of high-renting floor-through apartments. With 83% of units free market, top-of-market rents, and one current vacancy offering upside through lease-up at higher levels, the building provides a compelling blend of stability and growth.
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