Brooklyn, NY 11201,216 Smith ST
Brooklyn, NY 11201,216 Smith ST
Brooklyn, NY 11201,216 Smith ST
Brooklyn, NY 11201,216 Smith ST
Brooklyn, NY 11201,216 Smith ST
Brooklyn, NY 11201,216 Smith ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
27
Feb
Fri
28
Feb
Sat
1
Mar
$ 3,300,000
Est. payment | /mo

3,300 SqFt


Save
$ 3,300,000
Est. payment | /mo
Save

3,300 SqFt

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

Listed by RE/MAX Edge

GET MORE INFORMATION

Name
Phone*
Message

I consent to receiving calls and texts from Perfect Fit Loans for mortgage information and assistance. Texts may include lending recommendations, status updates, and related information. Message frequency varies and data rates may apply. Reply “unsubscribe” to opt-out.

Go tour this home

216 Smith ST