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73 Gold Street
Townhouse in Vinegar Hill •  building info
4bd • 5ba • 2,812ft² $1,440 per ft²
Sold price

$4,050,000

Description
Located on a charming cobblestone street in the quaint and peaceful Vinegar Hill Historic District, Brooklyn, New York, this circa mid-1800's Greek-Revival rowhouse, configured as a 4-family property, was carefully, and fully, rebuilt by the current owner to a standard that significantly exceeds other typical small scale multi-family rehab projects in NYC . This non-stabilized, high income* producing rental property is a great investment opportunity in a severely supply constrained townhouse sub-market, adjacent to DUMBO. It is also a compelling acquisition for an owner-occupant. Live in one of the existing units, or combine two or more units to suit your needs while collecting rental income. This property is a short walk to Empire Stores (IG @empirestoresdumbo), Brooklyn Bridge Park (IG @brooklynbridgepark) and all the wonderful boutique retail shops, theater (IG 2 @stannswarehouse) and restaurants (IG @vinegarhillhouse, @celestinebklyn, @butlerbakeshop) Vinegar Hill and DUMBO are known for. Quick access to the F train at the York Street stop. *Income and expense information available upon request.

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History
What it'll cost
Purchase price
$4,050,000
Asking Price: $4,050,000
Term
30 Years
Down Payment
$405,000 (10%)
Min: 10% (405,000)
Rate
6.5 %
Mortgage Amount
$3,645,000
Mortgage Payment
$23,039
Taxes
$360
Estimated closing cost
$154,000
Total monthly cost $23,399
Listing Courtesy of Engel & Volkers

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