31 Belvedere Street 1, Brooklyn, NY 11206

For Sale

Listed by Nathan Horne with Compass
$1,990,000 USD
  • 3 Beds
  • 2 Baths
  • Residential
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Property Summary for 31 Belvedere Street Español?

Type
Residential
Sub-Type
Condominium
MLS Number
OLRS-1879260
Year Built
1885
full baths
1
half bath total
1
partial baths
1
Parking info
Garage
Neighborhood
Bushwick
Zip
11206
School District
14

Description for 31 Belvedere Street

Welcome to the most interesting building in Brooklyn -- the original office of the William Ulmer Brewery.Designed by famed architect Theobald M. Engelhardt in 1885 and described by Brownstoner as a "Romanesque Revival Masterpiece in the German Rundbogenstil (round arch) style of architecture," this fully detached two-family mansion features everything you could imagine in a historical masterpiece: Soaring 13' ceilings with arched windows on three sides and giant skylights above; cherry wood floors and moldings with various types (Carrara, Rosa Aurora, Grays Creek, etc.) of marble and granite fixtures; a beautiful wrought iron fence opening into a cobblestone courtyard en route to your 530' private garage; and a Mansard roof highlighted with terra cota trim and tons of original detail...they simply don't build to this level of quality anymore.This listing is for the newly vacant downstairs unit (not the entire building), which boasts nearly 3,300 SF without including the full basement, and is full of original details and history. It is truly unique and can be purchased on it's own in a partnership with the upstairs tenant. For investors, the M1-1 zoning allows any commercial use in one of the Brooklyn's most quickly-appreciating neighborhoods, with an average retail rent of ~$50/SF. This offers investors a unique opportunity for substantial short-term cash-flow, and capability to sell at a premium down the road. A pro-forma can be provided upon request, and the building has been approved for either residential or commercial financing.Please feel free to reach out with any questions, and take care of yourself during this unique time!
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Listing provided by Real Estate Board of New York
Copyright © 2020 Real Estate Board of New York. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listed by:

Nathan Horne

Compass

Demographics in 11206top

Population

Total population 88,349
Male population 42,822
Female population 45,527
Median age 29.30

Households

Total households 31,042
Average people per household 2.83

Housing

Total housing units 32,775
Owner occupied 3,274
Renter occupied 27,768
Median year built 1959

Income

Median household income 36,404
Average household income 61,423

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Disclaimer


Demographic data shown in this section was gathered from the 2018 American Community Survey and is deemed reliable but is not guaranteed.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

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