532 Court Street - Agorafy
MIXED-USE PROPERTY FOR SALE
532 Court Street Carroll Gardens, Brooklyn, NY 11231 Location:
Located on the west side of Court Street between West 9th and Huntington Streets Block: 381 Lot: 33 Lot Size: 19.5' x 80' (approx.) Building Size: 19.5' x 42' (approx.) Stories: 3, plus full basement Gross SF: 2,610 (approx.) Zoning: C2-4/R6A FAR: 3.00 Lot SF: 1,560 (approx.) Air Rights: 2,070 (approx.) Assessment (14/15) : $22,394 Taxes (14/15): $4,298
DESCRIPTION: The subject property is a mixed-use building located on prime Court Street in Carroll Gardens, Brooklyn. It contains two, one bedroom residential units and one retail store. The property currently measures 2,610 square feet, however, contains a approximately 2,070 square feet of additional air rights. Court Street is known as one of the most highly trafficked retail corridors of Brooklyn. The subject property is located with in walking distance to prime retailers such as The Treats Truck, Tiny Brooklyn, CKO Kickboxing and Court Street Grocers. The building is located one block away from the Smith-West 9th Street Subway stop, where the G trains can be accessed. The property offers a great chance to F and G F own an investment property on Court Street. Unit
Lease Expiration
Monthly Rent
Annual Rent
Retail*
9/31/2016
$4,100
$49,200
Apt 1
7/31/2016
$1,944
$23,328
Apt 2 TOTAL
7/31/2015
$2,060 $8,104
$24,720 $97,248
*Lease contains 3 year option to extend
For further information or inspection, please contact Exclusive Agents:
Winfield Clifford
James Singleton
Director of Sales 718-606-7054 [email protected]
Senior Associate 718-606-7047 [email protected]
Asking Price: $2,400,000 Reduced Asking Price: $2,275,000
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER
532 Court Street Carroll Gardens, Brooklyn, NY 11231 Location:
Located on the west side of Court Street between West 9th and Huntington Streets Block: 381 Lot: 33 Lot Size: 19.5' x 80' (approx.) Building Size: 19.5' x 42' (approx.) Stories: 3, plus full basement Gross SF: 2,610 (approx.) Zoning: C2-4/R6A FAR: 3.00 Lot SF: 1,560 (approx.) Air Rights: 2,070 (approx.) Assessment (14/15) : $22,394 Taxes (14/15): $4,298
DESCRIPTION: The subject property is a mixed-use building located on prime Court Street in Carroll Gardens, Brooklyn. It contains two, one bedroom residential units and one retail store. The property currently measures 2,610 square feet, however, contains a approximately 2,070 square feet of additional air rights. Court Street is known as one of the most highly trafficked retail corridors of Brooklyn. The subject property is located with in walking distance to prime retailers such as The Treats Truck, Tiny Brooklyn, CKO Kickboxing and Court Street Grocers. The building is located one block away from the Smith-West 9th Street Subway stop, where the G trains can be accessed. The property offers a great chance to F and G F own an investment property on Court Street. Unit
Lease Expiration
Monthly Rent
Annual Rent
Retail*
9/31/2016
$4,100
$49,200
Apt 1
7/31/2016
$1,944
$23,328
Apt 2 TOTAL
7/31/2015
$2,060 $8,104
$24,720 $97,248
*Lease contains 3 year option to extend
For further information or inspection, please contact Exclusive Agents:
Winfield Clifford
James Singleton
Director of Sales 718-606-7054 [email protected]
Senior Associate 718-606-7047 [email protected]
Asking Price: $2,400,000 Reduced Asking Price: $2,275,000
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER
