486 Court Street, Brooklyn, New York 11231
- $5,745,000
- 4,875
- SqFt
- List Price
- $5,745,000
- Status
- ACTIVE
- Days on Market
- 10
- MLS#
- 504204
- Year Built
- 1900
- Living Area
- 4,875
- Lot Size
- 1,600
- MLS Area Major
- Carroll Gardens
Property Description
*Full setup available upon request.* A well-positioned mixed-use asset located on one of the most established commercial corridors in Brooklyn, 486 Court Street combines stable income with long-term upside. The property benefits from a diversified residential and retail tenant mix, prime Court Street location, and protected Tax Class 2B, creating an investment profile centered on durable cash flow, neighborhood appeal, and appreciation. Current rents provide reliable income and can move closer to market levels upon vacancy, creating a measured value-add opportunity without significant repositioning. With limited capital required to increase NOI, the property offers immediate yield and embedded upside—an increasingly rare combination in prime Brownstone Brooklyn. All sizes and measurements are approximate. Some images may have been digitally enhanced or virtually staged for illustrative purposes. Actual property features, finishes, and conditions may differ.
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Additional Information
- Taxes
- $26,342
- Financing
- Bank Mortgage, Cash
- Zoning
- R6A
- Flooring
- Hardwood
- Heating
- Other
- Exterior Features
- Other
- Stories
- 4
- Roof
- Flat
- Foundation
- Other
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Courtesy Of MadisonEstates Sothebys Realty