130 Montague Street — Sale in Brooklyn, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Brooklyn, NY 11201

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Investment Figures

Cap rate
7.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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.

Market Context

This mixed use in Brooklyn, NY is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing mixed use assets. Compare it against other mixed use listings for sale in Brooklyn, NY — view the full market.

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