Sold
31 Belvedere Street
New York City NY, 11206
$3,500,000
$578.51 per sqft
Sold
7 Beds
6,050 sqft
Townhomes
Built in 1885
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.
Boasting a little over 6,000 SF (not including the full basement), you really have to see this building to understand just how massive it feels inside. The upstairs unit is recently renovated and has a tenant through August, while the downstairs unit is recently vacant. Note that the downstairs could be sold separately with an asking price of $2M.
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!
OLRS-0078680
MLSⓇ ID
February 27, 2024
Updated
Map
31 Belvedere Street
New York City NY, 11206
Interior Features
Total Stories
2
Bedrooms
7
Full Bathrooms
3
Half Bathrooms
1
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Exterior Features
Building Courtyard, Building Garden
Architectual Style
Prewar
Other Property Details
Garage
Yes
View
No
County
Kings
Pool
No
Zoning
M1-1
Listed by Nathan Horne with Compass
Listing Contact: (706) 255-5657
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved
Data last updated on 2/27/2024 at 6:39 PM UTC