KW GREATER NASSAU - Karen Inglima
1/34
Listing Courtesy Of: RE/MAX Edge, Anzhela Staraya
Local Realty Services Provided By: Keller Williams Realty Empire
Overview
What It'll Cost
Neighborhood
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$3,300,000
216 Smith Street, Brooklyn, NY 11201
3,300 sq ft
.04 ac
$3,300,000

216 Smith Street, Brooklyn, NY 11201

Estimation provided by Keller Williams Realty Inc.
3,300 sq ft
.04 ac
Pending
For Sale
Keller Williams Realty Advantage Fair Housing

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!!!

Property Details

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Overview
Property Type
Mixed Use
Property Size
3,300 sq ft
Days on Site
214 Days
HVAC
Steam/Radiator, Gas
Parking
No
NYS LICENSED REAL ESTATE BROKER
KW GREATER NASSAU
10491200383

Activity History

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SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Purchase Price: $3,300,000
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Price & Tax History

Date
Event
Price
10/23/2024
Price Decrease
$3,300,000
(-2.88%)
08/20/2024
Listed
$3,397,998
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2024
$10,638
(+4.24%)
$223,800
Land 21,180 + Additions 202,620
2023
$10,206
(+2.69%)
$197,820
Land 21,180 + Additions 176,640
2022
$9,938
(-52.13%)
$155,280
Land 21,180 + Additions 134,100
2021
$20,762
(+153.18%)
$150,660
Land 21,180 + Additions 129,480
2020
$8,200
(+6.51%)
$124,080
Land 21,180 + Additions 102,900
2019
$7,699
(+13.41%)
$124,080
Land 21,180 + Additions 102,900
2017
$6,789
$38,162
Land 6,369 + Additions 31,793
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
NYS LICENSED REAL ESTATE BROKER
KW GREATER NASSAU
10491200383

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