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Mixed-Use

130 Montague Street

130 Montague St, Brooklyn, NY 11201

Listing Price: $5,495,000

Cap Rate
7.50%
Number of Units
11
Occupancy
90.0%
Price/Unit
$499,545
Price/Gross SF
$725.99
Gross SF
7,569

Investment Overview

Marcus & Millichap is pleased to exclusively present 130 Montague Street, an 11-unit mixed-use property located along the premier retail corridor of Brooklyn Heights — New York City’s first landmarked historic district. The asset features two established commercial tenants and a collection of residential apartments, generating $414,373 in current NOI with a clear value-add opportunity to achieve $455,942+ pro forma NOI.

Positioned on highly coveted Montague Street, the property benefits from exceptional foot traffic, affluent demographics, and one of the strongest neighborhood retail corridors in Brooklyn. Surrounded by national and boutique retailers, premier dining, and luxury residential housing, 130 Montague Street offers investors durable in-place cash flow within an irreplaceable brownstone neighborhood.

The offering presents a rare opportunity to acquire a trophy mixed-use asset in one of New York City’s most supply constrained submarkets, with additional upside through mark-to-market opportunities and continued long-term growth in both the retail and residential income streams. The property also benefits from outstanding accessibility, with immediate proximity to multiple subway lines providing seamless connectivity to Downtown Brooklyn, Manhattan, and the greater New York City area.

Investment Highlights

  • 130 Montague Street, built in 1900, comprises 11 mixed-use units sitting on a 25' x 100' ft lot and is approximately 7,569 SF.
  • Tax Class: 2 | Zoning: R7-1, C1-3 LH-1 | 2 Commercial Units & 9 Residential Units
  • 130 Montague Street sits steps from the Borough Hall Station (2/3/4/5/R trains), Montague Street retail corridor, and Brooklyn Bridge Park waterfront.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    New York City

  • Mike Salvatico

    Licensed Associate Real Estate Broker

    (718) 475-4358

    Email Mike

    License(s): NY: 10301216098

    New York City

  • Andrew Bronsteen

    Licensed Real Estate Salesperson

    (718) 475-4329

    Email Andrew

    License(s): NY: 10401314581

    New York City

Financing By

Mixed-Use

130 Montague Street

Listing Price: $5,495,000

Cap Rate
7.50%
Number of Units
11
Occupancy
90.0%
Price/Unit
$499,545
Price/Gross SF
$725.99
Gross SF
7,569

Investment Highlights

  • 130 Montague Street, built in 1900, comprises 11 mixed-use units sitting on a 25' x 100' ft lot and is approximately 7,569 SF.
  • Tax Class: 2 | Zoning: R7-1, C1-3 LH-1 | 2 Commercial Units & 9 Residential Units
  • 130 Montague Street sits steps from the Borough Hall Station (2/3/4/5/R trains), Montague Street retail corridor, and Brooklyn Bridge Park waterfront.

Investment Overview

Marcus & Millichap is pleased to exclusively present 130 Montague Street, an 11-unit mixed-use property located along the premier retail corridor of Brooklyn Heights — New York City’s first landmarked historic district. The asset features two established commercial tenants and a collection of residential apartments, generating $414,373 in current NOI with a clear value-add opportunity to achieve $455,942+ pro forma NOI. Positioned on highly coveted Montague Street, the property benefits from exceptional foot traffic, affluent demographics, and one of the strongest neighborhood retail corridors in Brooklyn. Surrounded by national and boutique retailers, premier dining, and luxury residential housing, 130 Montague Street offers investors durable in-place cash flow within an irreplaceable brownstone neighborhood. The offering presents a rare opportunity to acquire a trophy mixed-use asset in one of New York City’s most supply constrained submarkets, with additional upside through mark-to-market opportunities and continued long-term growth in both the retail and residential income streams. The property also benefits from outstanding accessibility, with immediate proximity to multiple subway lines providing seamless connectivity to Downtown Brooklyn, Manhattan, and the greater New York City area.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    New York City

  • Mike Salvatico

    Licensed Associate Real Estate Broker

    (718) 475-4358

    Email Mike

    License(s): NY: 10301216098

    New York City

  • Andrew Bronsteen

    Licensed Real Estate Salesperson

    (718) 475-4329

    Email Andrew

    License(s): NY: 10401314581

    New York City

Financing By

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