97 Baltic Street, Brooklyn, NY 11201
97 Baltic Street, Brooklyn, NY 11201
97 Baltic Street, Brooklyn, NY 11201
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Listing Courtesy of Compass
$3,495,000
Est. payment /mo
8 Beds
4 Baths
3,090 SqFt
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Key Details

Property Type Multi Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,090 sqft

Price per Sqft $1,131

Subdivision Carroll Gardens

MLS Listing ID RLS20087406

Bedrooms 8

Full Baths 4

HOA Y/N Yes

Year Built 1995

Annual Tax Amount $11,124

Property Sub-Type Multi Family

Property Description

Rare Value-Add Opportunity in Columbia Waterfront District

Exceptional opportunity to acquire a well-maintained 3-unit multifamily building in the highly sought-after Columbia Waterfront District of Brooklyn. This three-story property with a full basement is fully occupied with tenants, offering immediate cash flow with flexibility for repositioning and unused FAR of 1,087.

Investors will benefit from significant upside potential through rental increases and renovation, as well as additional buildable square footage via remaining FAR under R6B zoning. The property also includes two rear parking spaces—an increasingly valuable amenity in the neighborhood.

The building can be delivered with tenants in place for immediate income or vacant for a full value-add strategy, making it ideal for both long-term investors and developers seeking growth potential in a prime Brooklyn location.

Location

State NY

County Kings

Rooms

Basement Full

Interior

Flooring Hardwood

Furnishings Unfurnished

Fireplace No

Laundry In Unit, See Remarks

Exterior

Exterior Feature Private Outdoor Space Over 60 Sqft, Private Yard

Parking Features Attached, On Site

View Y/N No

Porch Patio

Private Pool No

Building

Dwelling Type Multi Family

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Tax ID 00304-0021

Ownership None

Monthly Total Fees $927

Pets Allowed Building No, No


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Randy Reis

Randy Reis

+1(917) 336-1118

Team Leader License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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