216 Smith Street
Cobble Hill, New York
$3,397,998 Price
5 Bedrooms   2.0 Baths

216 Smith Street, Cobble Hill, New York

Presenting this wonderful Mixed Use property located in the vibrant Cobble Hill area, one of the most desirable areas! This is truly special consisting of two apartments stacked above of a retail store. Ground Floor Commercial Space: Currently home to the beloved Italian restaurant Verde, which offers...

Presenting this wonderful Mixed Use property located in the vibrant Cobble Hill area, one of the most desirable areas! This is truly special consisting of two apartments stacked above of a retail store. Ground Floor Commercial Space: Currently home to the beloved Italian restaurant Verde, which offers about 1350 square feet of space. Additionally, there's a basement available for extra storage needs. As the lease for Verde concludes in August, this prime commercial space eagerly anticipates its next chapter. Whether you envision a trendy cafe, boutique shop, or modern office, seize the chance to leave your mark in this coveted location. Upper Floors Living: Each apartment is spacious, with two to three bedrooms, a bathroom, a large living room, and a well-equipped kitchen. With the potential for vacant delivery, you have the freedom to personalize these spaces to your heart's desire. What's more, this property is equipped with three electric meters and three gas meters, making it perfect for accommodating multiple tenants and businesses. In terms of size, measuring 20 x 55 feet long on a lot that's 20 x 80 feet long. The annual property tax for this gem is $11,091. Investment Opportunity: Whether you're an entrepreneur seeking a prime commercial space or an investor looking to capitalize on Cobble Hill's thriving real estate market, offers an unparalleled opportunity. With a proven track record of success and the potential for vacant delivery, this property promises both immediate returns and long-term growth potential. Embark on a journey of endless possibilities of urban living in the most desirable area of Cobble Hill!

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: $3,397,998
Last Updated: 9/30/2024
Web ID: 1080999484

Info & Amenities

Type: Mixed Use
Rooms: 9.0
Bedrooms: 5
Bathrooms: 2.0

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.

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Neighborhood Guide to Cobble Hill