Listed by Conway Property Advisors
$2,950,000
507 Court Street
Details
Property Type Multifamily, Mixed Use
Sub Type Apartment Building, Retail
Square Footage 2,949
Units 3
Cap Rate 3.20%
NOI $94,854
Tenancy Multi
Pro-Forma Cap Rate 4.20%
Pro-Forma NOI $122,502
Price per SqFt $1,000
Year Built 1901
Buildings 1
Zoning R6A
Ground Lease No
Multifamily | 3.20% CAP | 3 Units
Marketing description
507 Court Street is a mixed-use building located in the desirable Carroll Gardens neighborhood of Brooklyn, NY. The property consists of one retail space and two residential units, with a total of 2,949 square feet. The building offers strong investment potential, featuring significant upside on both the commercial and residential units. The property is offered at $2,950,000.
Investment highlights
- Significant upside potential
- Prime Carroll Gardens location
- Mixed-use property with retail and residential income
Listing Contacts
Listed by Conway Property Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$94,854.00
$7,904.50/mo
Valuation Metrics
0
DSCR
3.22%
Cap Rate
3.22%
ROI
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