552 Court Street - Map blueView Map

For Sale - Brooklyn - Carroll Gardens


Property Details:

Price: $2,750,000

Estimated Annual Income: $120,936

Property Type: Mixed Use

Lot Dimensions (ft): 20.0 x 80.0

Lot Area: 1,600 sq. ft.

Building Dimensions (ft): 20.0 x 50.0

Building Area: 3,000 sq. ft.


Block/Lot: 00382/0032

BIN: 3005705

Building Class: S2

Stories: 3

Total Units: 3

Corner Lot: No

Buildings on Lot: 1

Year Built: 1931

Landmark: none

Has Garage: no

Year Last Altered: 2004

Residential Units: 2

Residential Area: 2000 sq. ft.

Zoning: R6A

Floor Area Ratio:

Max FAR: 3.0

Useable Floor Area: 3,000 sq. ft.

FAR as Built: 1.88


Neighborhood: Carroll Gardens

Historic District: n/a

Community District: 306

School District: 15

Census Tract: 65

552 Court Street

Bestreich Realty Group (BRG) is pleased to present 552 Court Street (Block: 00382, Lot: 0032), located between West 9th and Garnet Street in the Carroll Gardens section of Brooklyn. This mixed-use property features 2 two-bedroom floor through units, as well as a commercial unit on the ground floor. The commercial unit has one five-year option at the end of this lease term and pays 1/3 of the annual tax bill over tax year 2013/2014. Additionally, the retail has a 3% annual increase. The property is built 20 ft x 50 ft, sits on a 20 ft x 80 ft lot, and is zoned R6A, C2-4. With a max FAR of 3, the property also offers approximately 1,000 buildable square feet. This property is located near the F and G Subway lines offering easy and quick access to the City. It is located along a strong strip of retail on Court Street and offers a strong and stable retail and rental market. Carroll Gardens has established itself as a sought-after neighborhood and is full of amenities such as new bars, restaurants, cafes, and artisan shops. The subject offering provides a new owner with the opportunity to acquire a well maintained free market building with air rights in an excellent neighborhood.