216 Smith ST Pending Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11201
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $1,000
MLS Listing ID 485284
Annual Tax Amount $11,091
Property Sub-Type Mixed Use
Property Description
I am proud to present a remarkable mixed-use property in the highly sought-after Cobble Hill area, one of Brooklyn's 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 café, boutique shop, or modern office, this space is full of potential in a highly coveted location. Additionally, there's a basement available for extra storage.
Upper Floors 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 x 55 feet on a lot of 20 x 80 feet, with an annual property tax of $11,091.
Whether you're an entrepreneur looking for a prime commercial space or an investor aiming to capitalize on Cobble Hill's 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 Brooklyn's most vibrant areas!
Call today!!!
Location
State NY
County Kings (brooklyn)
Area Cobble Hill
Rooms
Basement Partial
Interior
Interior Features Other
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Other
Building
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash