Marcus & Millichap - Tri Borough Multi-Family

431-433 Court Street

431-433 Court Street
Carroll Gardens, Brooklyn
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Price: $5,850,000
Year Built: 1920
Building Size: 8,800 Square Feet
Property Type: Mixed-use
Description:

Marcus & Millichap is pleased to offer 431-433 Court Street, located between 3rd and 4th Place in the Carroll Gardens section of Brooklyn, New York.

The subject properties, 431-433 Court Street, are two, four-story mixed-use buildings that consist of one retail unit and 6 two-bedroom apartments. Each property is built approximately 20 feet by 72 feet on the first floor, 20 feet by 50 feet on the second through fourth floors and sit on a 20 foot by 80 foot lot with approximately 8,800 gross square feet. The property is zoned R6A, C2-4 allowing for approximately 800 gross square feet of available air rights (Block: 467, Lots: 7, 8)

This property offers investors the rare opportunity to purchase two contiguous mixed-use buildings with 40 feet of frontage on Court Street, a national credit retail tenant and 5 free market apartments in the Carroll Garden section of Brooklyn, New York.