1198 METROPOLITAN AVE, Brooklyn, NY 11237
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1198 METROPOLITAN AVE, Brooklyn, NY 11237
1198 METROPOLITAN AVE, Brooklyn, NY 11237
1198 METROPOLITAN AVE, Brooklyn, NY 11237
1198 METROPOLITAN AVE, Brooklyn, NY 11237
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Listed by Roni Dotan • Corcoran Group
$ 6,500,000
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1198 METROPOLITAN AVE Brooklyn, NY 11237


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Key Details

Property Type Multi-Family

Sub Type Multi-family

Listing Status Active

Purchase Type For Sale

Subdivision East Williamsburg

MLS Listing ID RPLU-33422372290

Annual Tax Amount $6,384

Property Sub-Type Multi-family

Property Description

1198 Metropolitan Avenue The Williamsburg Firehouse Lofts.
Eight Unique Loft Residences Sold as a Package.

Built in 1869, 1198 Metropolitan Avenue was originally an active firehouse and home to Engine Company No. 206. After it's closure in the late 1970's it transformed into an underground music venue called the Metropolitan Social Club known for hosting live music and wild parties. Later on in the 1980's it was converted into artist lofts where many local artists called home for over 30 years, and today, this extremely rare NYC property is on the market for the first time ever!

The building is currently comprised of 8 totally unique oversized lofts featuring spacious and unique layouts. Original details include jaw dropping, 16-foot barrel vaulted ceilings, walls of beautiful exposed brick, and extra tall windows offering Brooklyn and Manhattan views. Additional historical details include a spiral staircase to the loft where the fireman used to hang their hoses to dry, and a fireman pole found in the ground floor garage. While many original features have been preserved creating warmth, charm, and a sense of history throughout the building, the apartments are move in ready with recently updated kitchens and bathrooms featuring modern cabinets and fixtures as well as new appliances. Brand new mini split systems have been installed throughout the building as well for efficient heating and cooling. The two penthouses have enormous private roof decks with expansive views, one with a second deck that is over 2000 square feet. The ground floor unit features a garage that you can pull your car or CARS right into with an additional private garden as well.

The building is mostly vacant (7 of 8 units), and ready for its new owner to enjoy one or more of the lofts while collecting a handsome income on the others. Have something else in mind? Bring your architect and design team and create a one of a kind, single family dream home. Set in an industrial area of Williamsburg, 1198 Metropolitan stands out from the single story warehouses it is surrounded by. Owned by the same family for over 40 years, the building has been meticulously maintained while honoring the integrity of the original firehouse.

Serious inquiries only! Proof of funds required for tour of property. If you have an agent, they must be first point of contact. Corcoran does not represent any facts about this property. Buyer must conduct due diligence and own research into all facts including history, zoning, size, legal use, etc.

Property facts:
Units: 8
Property Built:
FAR: 0
Ceiling Height Basement: 8'3"
Ceiling Height 1st Floor:
Ceiling Height 2nd Floor:15'7"
Ceiling Height Top Floor: 16'6"

Unit Sizes (as per professional floor planner hired by Corcoran)
Total Interior including Basement SF: 14,959
Total Exterior Usable space: 4,647
Total Usable Interior & Exterior: 19,606


Location

State NY

County Brooklyn

Community East Williamsburg

Rooms

Other Rooms LegalRoomsTotal: 27.00

Exterior

Parking Features Has Garage

Garage Yes

Building

Story 3

Structure Type Walk-up

Others

Pets Allowed Pets allowed


NEARBY SCHOOLS & PROPERTIES

Joseph Boivin

Joseph Boivin

Advisor | License ID: 10401334965

+1(561) 906-9809

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1198 METROPOLITAN AVE