Avison Young, as the exclusive agent is pleased to offer for sale The Dakota at 70 Middagh Street (the “Property”), a 5-story, 20’ walk-up building located on the south side of Middagh Street between Henry Street and Hicks Street in Brooklyn Heights. The property spans approximately 9,102± SF across ten (10) residential units comprising eight (8) two-bedroom, one-bathroom units, one (1) two-bedroom, one-bathroom unit with an expansive private backyard, and one (1) two-bedroom, two-bathroom unit.
Each unit has been meticulously gut renovated with a focus on modern functionality and high-end design while keeping the historic charm of what Brooklyn Heights residents have been accustomed to. Each apartment has been meticulously renovated to feature engineered hardwood floors, recessed lighting, Carrera-marble countertops, brand-new stainless-steel appliances, luxury bathroom with ceramic tiling, split-system HVACs, and in-unit washers and dryers.
The Dakota at 70 Middagh Street presents the rare opportunity to acquire a 100% free market, fully remodeled boutique luxury multifamily building with significant cash flow, strong rental growth projections, and no deferred maintenance in Brooklyn’s most luxurious submarket.