FOR SALE
164 Dikeman (House)
Kings, New York City, NY
FOR SALE
Asking
$3,500,000
BTC
36.126
ETH
1,049.12
Beds
16
Baths
8
Year Built
1931
164 Dikeman Street is a 5,500 square foot, eight unit, four-story masonry building located between Conover Street and Ferris Street in prime Red Hook, Brooklyn. The building is 25 ft. 55 ft. on a 25 ft. 100 ft. lot, configured with two units per floor accessed by a center staircase. The building is also located in a Qualified Opportunity Zone. Six of the eight units have been renovated featuring new finishes and appliances including stack washer and dryer. In addition to rent from the units the building generates income from rooftop Verizon Wireless equipment. New development activity surrounds the property with a 22 unit condominium project at the corner of Dikeman and Conover, new construction townhouses, and large scale investment from UPS, Amazon, and others.
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