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193 Sackett Street, Brooklyn, NY 11231

JC
NY 2326363
MH
NY 10401225974
TerraCRG
RN
NY 10401349374
TerraCRG
Listed by TerraCRG
Unpriced
6 days on market
Updated 6 days ago

6.5% Cap Free-Market Mixed-Use Building | Carroll Gardens

Details
Property Type Mixed Use
Square Footage 4,000
Acreage 2008.000
Zoning R6B
Ground Lease No

About This Property

Marketing description

TerraCRG is pleased to exclusively represent ownership in the sale of 193 Sackett Street, a four-story, mixed-use building located in the heart of Carroll Gardens, Brooklyn.

The property consists of five free-market residential units and one ground-floor retail space occupied by a coffee shop. The asset generates approximately $247,000 in net operating income and is being offered for sale at a price reflecting a capitalization rate of 6.5%.

Located in one of Brooklyn's most established and desirable neighborhoods, the property is just two blocks from P.S. 29, one of the area's most sought-after public elementary schools, known for its strong academic performance. The property is also just three blocks from the Court Street retail corridor and benefits from immediate access to the restaurants, cafés, boutiques, and neighborhood amenities along both Court Street and Smith Street.

193 Sackett Street presents investors with the opportunity to acquire a mixed-use asset with stable in-place cash flow, free-market units, and potential upside through repositioning units in one of Brooklyn’s premier neighborhoods.

Investment highlights

Tax Class Protected

6.5% Cap Rate

6 Units

5 Free-Market Residential Units

+ 1 ground-floor retail space

2 Blocks from P.S. 29

Top public elementary school

Proximity to Strong Retail Corridor

3 blocks from Court Street

Listing Contacts

JC
NY 2326363
MH
NY 10401225974
TerraCRG
RN
NY 10401349374
TerraCRG
Listed by TerraCRG

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Additional Information

Name
John Ceccoli
License
2326363
Brokerage Phone
(718) 768-6888
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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