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216 Smith Street
Cobble Hill, New York
$3,300,000 Price
6 Bedrooms   2.0 Baths
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216 Smith Street, Cobble Hill, New York

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,...

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!!!

Courtesy of RE Max Edge Group

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Cobble Hill, New York
Type: House
Price: $3,300,000
Web ID: 1080999484

Info & Amenities

Type: Mixed Use
Rooms: 9.0
Bedrooms: 6
Bathrooms: 2.0
Pets allowed: Yes

Get to Know Cobble Hill

Cobble Hill is a small, laid-back neighborhood comprising 40 blocks in northwest Brooklyn. It offers easy access to the water and sits adjacent to Brooklyn Heights, Boerum Hill, and Carroll Gardens. Most of the action takes place on Court Street, the community’s main artery lined with hip cafes, restaurants and boutiques. The neighborhood was named after a conically shaped hill located at the present-day intersection of Atlantic Avenue, Pacific Street and Court Street. The incline was known as 'Ponkiesbergh' to early Dutch settlers, which directly translates to “Cobble Hill.” Today, Cobble Hill is considered the wealthiest area in Brooklyn, and is often listed alongside upscale Manhattan communities like the Upper East Side and Soho as one of the most desirable locations in the city. Thanks to its well-preserved 19th-century architecture, pristine brownstones and stunning row houses, Cobble Hill has been designated as a historic district.

More About Cobble Hill

Neighborhood Guide to Cobble Hill

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.

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