Main Content
- Square Feet 1921
- Price/SF 1,078
- Annual Tax Bill 8,145
- Status For Sale
- Year Built 1932
About This Property
The Brennan Team of Marcus & Millichap has been exclusively engaged to represent ownership in the sale of 300 Court Street, a three-story brick mixed-use building comprised of two (2) apartments and one (1) retail unit. The property is located on Court Street between Douglass Street & Degraw Street in the Cobble Hill neighborhood of Brooklyn, New York.
The subject property was built in 1931 and measures approximately 21 feet wide by 52.5 feet deep on the first floor, and approximately 21 feet wide by 40 feet on the second and third floors. Its current total square footage is approximately 2,782.5 not including a fully built basement, which is being used by the commercial space and offers future leasable value. The building sits on a lot that measures about 21 feet wide by 83 feet deep, and is zoned R6, C1-3, LH-1. All interested purchasers are encouraged to conduct their own due diligence on building measurement representations.
INVESTMENT HIGHLIGHTS
• Cobble Hill Mixed-Use Building with Two Apartments and One Retail Space
• Retail Leased to ‘16 Handles’ | 21-Foot Wide by Approximately 52.5 Feet Deep
• Upside in Two Free-Market Apartments | Separate Heating Systems for Each Unit
• Turnkey Building with No Deferred Maintenance
• Long-Term Family Ownership
• One of the Best Stretches of Court Street, Located Between Degraw and Douglass