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$3,000,000
Est. payment /mo
3,000 SqFt
UPDATED:
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $1,000
MLS Listing ID 501798
Year Built 1931
Annual Tax Amount $6,727
Property Sub-Type Mixed Use
Property Description
Welcome to 512 Court Street, a rare mixed-use opportunity in the heart of Carroll Gardens, Brooklyn.
This 3-story brick building features a ground-floor commercial space plus two spacious 3-bedroom residential apartments above, offering excellent income potential for investors or end-users alike. Each unit has separate utilities, and the commercial tenant currently pays approximately half of the annual real estate taxes, as well as half of the water and sewer expenses.
Built in 1931, the property measures approximately 20 ft x 50 ft and offers around 3,000 sq ft of interior space, plus an unfinished basement. Situated on a 20 x 80 lot with R6A zoning, this property offers tremendous long-term upside in one of Brooklyn's most desirable neighborhoods.
The commercial space benefits from strong visibility and foot traffic along vibrant Court Street, surrounded by popular restaurants, cafés, boutiques, shopping, and neighborhood amenities. Conveniently located near transportation, dining, and everyday conveniences, 512 Court Street is a turnkey mixed-use asset with endless potential.
All interested purchasers are encouraged to conduct their own due diligence regarding building measurements, zoning, and property information.
A phenomenal investment opportunity in prime Carroll Gardens — this is a must-see property that will not last!
This 3-story brick building features a ground-floor commercial space plus two spacious 3-bedroom residential apartments above, offering excellent income potential for investors or end-users alike. Each unit has separate utilities, and the commercial tenant currently pays approximately half of the annual real estate taxes, as well as half of the water and sewer expenses.
Built in 1931, the property measures approximately 20 ft x 50 ft and offers around 3,000 sq ft of interior space, plus an unfinished basement. Situated on a 20 x 80 lot with R6A zoning, this property offers tremendous long-term upside in one of Brooklyn's most desirable neighborhoods.
The commercial space benefits from strong visibility and foot traffic along vibrant Court Street, surrounded by popular restaurants, cafés, boutiques, shopping, and neighborhood amenities. Conveniently located near transportation, dining, and everyday conveniences, 512 Court Street is a turnkey mixed-use asset with endless potential.
All interested purchasers are encouraged to conduct their own due diligence regarding building measurements, zoning, and property information.
A phenomenal investment opportunity in prime Carroll Gardens — this is a must-see property that will not last!
Location
State NY
County Kings (brooklyn)
Area Carroll Gardens
Zoning R6A
Rooms
Basement Cellar
Interior
Interior Features None
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 3
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by Ben Bay Realty Co
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716