Active

216 Smith Street

Brooklyn NY, 11201

$3,300,000


$1,000.00 per sqft

Active

6 Beds

2 Baths

3,300 sqft

Residential

I am proud to present a remarkable mixed-use property in the highly sought-after Cobble Hill area, one of Brooklyns most desirable neighborhoods! This special property features two spacious 2-3 bedroom apartments above a retail store.
GROUND FLOOR Commercial Space: Currently occupied by the popular Italian restaurant, Verde, which offers approximately 1,350 square feet of prime commercial space. The lease for the restaurant has ended, but the tenant is eager to stay and sign a new lease at around $11,000 per month. Alternatively, the space can be delivered vacant, providing a fantastic opportunity for a new venture. Whether you envision a trendy caf, boutique shop, or modern office, this space is full of potential in a highly coveted location. Additionally, theres a basement available for extra storage.
UPPER FLOOR LIVING:
Each of the two apartments is generously sized, with 2-3 bedrooms, a bathroom, a large living room, and a well-equipped kitchen. Both apartments are currently vacant, with the potential to lease for approximately $5,000 per month each, offering an exciting opportunity for rental income.
INVESTMENT POTENTIAL: The building is equipped with three electric meters and three gas meters, ideal for accommodating multiple tenants and businesses. The property measures 20 55 feet on a lot of 20 80 feet, with an annual property tax of $11,091. Whether youre an entrepreneur looking for a prime commercial space or an investor aiming to capitalize on Cobble Hills thriving market, this property offers unparalleled potential. With the option for vacant delivery and attractive leasing opportunities, it promises both immediate returns and long-term growth potential. Seize the opportunity to invest in one of Brooklyns most vibrant areas! Call today!!!





RLMX-102595

MLS ID

August 20, 2024

Listed

November 25, 2024

Updated

Map

216 Smith Street
Brooklyn NY, 11201

Interior Features

Total Stories

0


Bedrooms

6


Total Bathrooms

2


Full Bathrooms

2


Laundry Description

Building None, None


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

None

Exterior/Building Features

Other Property Details

HOA Frequency

Monthly


Garage

No


View

No


County

Kings


Pool

No

Listing History

Date

Event

Price

10/23/2024

Price change

$3,300,000

-3%

Listed by Anzhela Staraya with RE Max Edge Group
Listing Contact: (917) 596-3339 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 11/25/2024 at 6:17 PM UTC

 

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