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$5,745,000
Est. payment /mo
4,875 SqFt
UPDATED:
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,875 sqft
Price per Sqft $1,178
MLS Listing ID 504204
Year Built 1900
Annual Tax Amount $26,342
Property Sub-Type Mixed Use
Property Description
*Full setup available upon request.*
A well-positioned mixed-use asset located on one of the most established commercial corridors in Brooklyn, 486 Court Street combines stable income with long-term upside. The property benefits from a diversified residential and retail tenant mix, prime Court Street location, and protected Tax Class 2B, creating an investment profile centered on durable cash flow, neighborhood appeal, and appreciation.
Current rents provide reliable income and can move closer to market levels upon vacancy, creating a measured value-add opportunity without significant repositioning. With limited capital required to increase NOI, the property offers immediate yield and embedded upside—an increasingly rare combination in prime Brownstone Brooklyn.
All sizes and measurements are approximate. Some images may have been digitally enhanced or virtually staged for illustrative purposes. Actual property features, finishes, and conditions may differ.
A well-positioned mixed-use asset located on one of the most established commercial corridors in Brooklyn, 486 Court Street combines stable income with long-term upside. The property benefits from a diversified residential and retail tenant mix, prime Court Street location, and protected Tax Class 2B, creating an investment profile centered on durable cash flow, neighborhood appeal, and appreciation.
Current rents provide reliable income and can move closer to market levels upon vacancy, creating a measured value-add opportunity without significant repositioning. With limited capital required to increase NOI, the property offers immediate yield and embedded upside—an increasingly rare combination in prime Brownstone Brooklyn.
All sizes and measurements are approximate. Some images may have been digitally enhanced or virtually staged for illustrative purposes. Actual property features, finishes, and conditions may differ.
Location
State NY
County Kings (brooklyn)
Area Carroll Gardens
Zoning R6A
Rooms
Basement Cellar, Full
Interior
Interior Features Other
Hot Water Other
Heating Other
Flooring Hardwood
Heat Source Other
Exterior
Exterior Feature Other
Roof Type Flat
Building
Story 4
Foundation Other
Others
Energy Description Other
Financing Bank Mortgage,Cash
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Listed by MadisonEstates Sothebys Realty
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