Price Reduced 2.88%

$3,300,000 ($1,000.00 per sqft)

Est. Mortgage $16,687/mo *

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Listing courtesy of Remax Edge Phone: (718) 612-3088

Price History

$3,397,998
8/20/2024

$3,300,000
10/23/2024

216 Smith Street, Brooklyn, (Cobble Hill), NY, 11201

216 Smith Street, Brooklyn, (Cobble Hill), NY, 11201
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9 rooms

6 beds

2 Full baths

3,300 sqft

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!!!





Status:

Active

Town:

Brooklyn

Type:

Condo/Coop

Furnished Remarks:

Unfurnished

Laundry Remarks:

Building None,None

Units:

0

Heating:

None

Cooling:

None

Pet Policy:

Building Yes, Yes

MLS #:

RLMX-102595

Community Info

School Info

Walk Score

Mass Transit

Yelp

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