$7,500,000
Price
22
Beds
16,334 Sq. Ft.
$459 / Sq. Ft.
16,334
Sq. Ft.
$459
per Sq. Ft.

Description

The ideal trophy asset - introducing your opportunity to acquire 138+140 Montague Street, a Landmark Commercial building located in the Heart of Brooklyn Heights. Boasting 22 residential units and 4 coveted commercial storefronts, this iconic asset is on the market for the first time in nearly 50 years. With a net annual pro-forma income of $534,390 (7.1% cap), this property belongs in the portfolio of any astute investor. Its' highly desirable and central location ensures proximity to trains and...The ideal trophy asset - introducing your opportunity to acquire 138+140 Montague Street, a Landmark Commercial building located in the Heart of Brooklyn Heights. Boasting 22 residential units and 4 coveted commercial storefronts, this iconic asset is on the market for the first time in nearly 50 years. With a net annual pro-forma income of $534,390 (7.1% cap), this property belongs in the portfolio of any astute investor. Its' highly desirable and central location ensures proximity to trains and public transportation, enhancing the strength of the asset. Meticulously upkept throughout the years. New heating system, roof, and siding. Seize this chance to own a piece of one of the most recognizable streets in Brooklyn Heights.

Property Details for 138 Montague Street

Township
Brooklyn
City/Township
Brooklyn Heights
View
City
Architectural Style
Townhouse
Garage Spaces
.00
Section Area
Henry St.
LISTING UPDATED: 10/23/2024 12:29 AM

Property Details for 138 Montague Street

StatusActive
MLS ID3517855
Days on Market754
Taxes$308,841 / year
Maintenance-
Min. Down Pymt-
Total Rooms22.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1960
Lot Size4,703 SF / 49' x 95'
CountyKings County

Building

138 Montague St

24 Units4 StoriesBuilt in 1960

Location

Listing Courtesy of EXP Realty
Add your commute

Building Information for 138 Montague Street

Stories4Residences24Year Built1960Building Size24.5' x 60.83'Building Sq. Ft5,961.34 SFLot Size4,703 SF / 49' x 95'Building Age-Building Type-

Payment Calculator

$62,797 per month

30 year fixed, 6.28% Interest

Principal and Interest

$37,060

Property Taxes

$25,737

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 138 Montague Street

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 13
  • Tax Block: 249
  • Tax Lot: 30
  • Property Attached: No
  • Structure Type: false
  • New Construction YN: No
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Brooklyn 13
  • Elementary School District: Brooklyn 13
  • Middle Or Junior School District: Brooklyn 13
  • Middle Or Junior School: Ps 282 Park Slope
  • High School District: Brooklyn 13
  • High School: Brooklyn Academy High School
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 26
Room Information
Room 1 Information
  • Room Level: First
  • Room Type: Additional
  • RoomDescription 1: (2) Two Bedroom & (20) studio apartments
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 00249-0030
  • Tax Map Number: 00249-0030
  • Tenant Pays: Electricity, Gas
Interior and Exterior Features
Interior Features
  • Amenities: City, Public, Townhouse
  • Total Rooms: 22
  • Living Area Units: Square Feet
  • Basement: Full
  • Fireplaces Total: 0
  • Location Amenities: City view
  • Common Walls: No Common Walls
  • Exclusions: Awnings
Exterior Features
  • Exterior Property Features: On Street
  • Elevation Certificate: No
  • Construction Materials: Block, Brick
  • ViewYN: Yes
Lot Information
  • Lot Size Dimensions: 49.5x95
  • Building Area Units: Square Feet
Parking
  • Parking Features: On Street
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas, Steam
  • Heat Fuel Type: Natural Gas, Steam
  • Number Of Separate Gas Meters: 26
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 28
Green Features
  • Green Features: Natural Gas, Steam

Schools near 138 Montague Street

This home is within New York City Geographic District #13.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Emily Warren Roebling School (The)
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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138 Montague Street is a multi-family home for sale in Brooklyn Heights. This property was listed for sale on November 22, 2023 by EXP Realty, it's currently listed at $7,500,000. This listing's school district is New York City Geographic District #13. Nearby schools include Emily Warren Roebling School (The), Urban Assembly Institute of Math and Science for Young Women and Urban Assembly School For Law And Justice. 138 Montague Street is a 22-bed, 22-bath, 16,334 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/15/2025 07:29 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.