Great multi-family mansion for sale in Brooklyn Heights. (ID: 1751)



Brooklyn Landmark Real Estate is pleased to present the first exclusive offering in more than 30 years of 27 Grace Court boutique apartment building located in the heart of Brooklyn Heights. This offering for sale presents an excellent opportunity to establish a meaningful presence in one of New York City’s most exclusive neighborhoods- Brooklyn Heights. The building has total of 13 apartments, of which 7 (60%) are Free Market. The remaining five apartments are Rent Stabilized, with good future upside. This historic piece of real estate is five story walk-up apartment building located on the north side of the Grace Court off Hicks St.  Because of its location and position, the building has excellent south with direct sun and north light. The building is totaling 11,000+/- gross square feet with apartments are currently configured as a mix of studio, lofts, one, and two bedroom units. 

The building is located on very quiet, “dead end” tree lined streets less than a 1/3 block away from beautiful view of NYC Harbor and Forman Street Park and is walking distance to all trains at Borough Hall, Clark, Bergen and Montague St subway station and all amentites Brooklyn Heights has to offer.

This is great opportunity for investors because 60% of the apartments are “free market”. Thus, immediate opportunity to reconfiguring apartments and increase rents that are currently between 15-25% below market or one who desires to own this beautiful piece of Brooklyn History and convert back to single family mansion. 


Possibilty to deliver vacant. Call listing broker for more information. 


Property Location
AddressGrace Ct at Hicks St
Zip/Post Code11201
NeighborhoodBrooklyn Heights
CountryUnited States
 $ 9,900,000
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Category: For sale
Type: Multi-Family
Property Data
Year of Construction: 1850
Heating Type: Gas
Cooling System: Window AC units
Floor(s): 5
Property Size: 11000.00 ft²
Financial Information
Price:  $ 9,900,000  
Equipment Details
TV - Sat - Cable
DSL - Internet
Agent Details
Contact Image

Danny Korzeniewski

City : Brooklyn
State : N.Y.
Country : United States

Phone: 718-858-6600
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