162 Beard Street

Red Hook

$3,250,000
Price
7
Beds
3
Baths
1
1/2 Bath
4,356 Sq. Ft.
$746 / Sq. Ft.
4,356
Sq. Ft.
$746
per Sq. Ft.

Description

Introducing 162 Beard Street, a unique multifamily dwelling in the heart of vibrant Red Hook, Brooklyn. This property offers a dynamic combination of commercial and residential spaces, making it an exceptional investment opportunity.
**Commercial Space:** The ground level (currently leased) features a wide-open loft-style commercial area with a garage door, perfect for a community facility or various business ventures. Its versatile layout can accommodate a range of uses, providing endless possibilities
...Introducing 162 Beard Street, a unique multifamily dwelling in the heart of vibrant Red Hook, Brooklyn. This property offers a dynamic combination of commercial and residential spaces, making it an exceptional investment opportunity.

**Commercial Space:** The ground level (currently leased) features a wide-open loft-style commercial area with a garage door, perfect for a community facility or various business ventures. Its versatile layout can accommodate a range of uses, providing endless possibilities for entrepreneurs and local businesses.

**Residential Units:** Above the commercial space, you'll find three well-appointed residential rental units spread across three levels. Two expansive three-bedroom, one-bathroom floor-through units boast private rear terraces, ideal for relaxing or entertaining. The top-floor one-bedroom, one-bathroom unit enjoys exclusive access to a breathtaking roof deck with panoramic views of the Manhattan skyline and the Statue of Liberty—perfect for enjoying sunsets and cityscapes. (These units can be delivered vacant or leased).

**Investment Potential:** All units are in excellent condition, making this property an attractive choice for both homeowners and investors. Whether you choose to purchase the building vacant or fully tenanted, you'll benefit from healthy projected rent rolls reflecting a generous cap rate. (Offering Memorandum provided upon request).

**Prime Location:** Situated on Beard Street between Van Brunt and Conover Streets, this property is ideally located near grocery stores, shopping, restaurants, and transportation options, including the water taxi and NYC Ferry.

**Future Development:** With a 225,000-square-foot production studio planned just a few blocks away on Wolcott street and NYC's plan to develop mixed use, retail and green areas to over 120 acres of Brooklyn's coastline including Red Hook's Marine Terminal and the Columbia Street Waterfront, this area is poised for growth, enhancing the value proposition of owning a multifamily property like 162 Beard Street.

Don't miss the opportunity to live and invest in a property with immense potential in one of Brooklyn's most exciting neighborhoods. Schedule a viewing today!

Listing Agents

  1. Louis Esposito

    Louis Esposito

    Alternative Listing Agent

    Compass

    l.esposito@compass.com

    P: (718)-781-8310

Amenities

  • Common Roof Deck
  • Common Outdoor Space
  • Hardwood Floors
  • Walk Up
  • Washer / Dryer
  • Laundry in Building
  • Central AC
  • Eat-in Kitchen
LISTING UPDATED: 01/06/2025 02:11 PM

Property Details for 162 Beard Street

StatusActive
Days on Market4
Taxes$569 / month
Maintenance-
Min. Down Pymt-
Total Rooms11.5
Compass TypeMulti Family
MLS Type-
Year Built2009
ViewsNone
Architectural Style-
Lot Size2,461 SF / 60' x 100'
CountyKings County
Buyer's Agent Compensation2%

Building

162 Beard St

3 Units1 StoriesBuilt in 2009

Building Information for 162 Beard Street

Stories1Residences3Year Built2009Building Size22' x 65'Building Sq. Ft1,430 SFLot Size2,461 SF / 60' x 100'Building AgeNew DevelopmentBuilding TypeLowrise

Property History for 162 Beard Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 162 Beard Street

Taxable ValueLand$14,880Additions$214,800Total$229,680
Home Facts
Total Finished SqFt4,356 SqFtLot Size5,400 SqFtYear Built2009ZoningM11R5APN3006030035

Schools near 162 Beard Street

This home is within Nyc Geog District #15 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
P.S. 15 Patrick F Daly
PublicPK to 5

South Brooklyn Community High School
Public9 to 12

Brooklyn New School-PS 146 (The)
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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162 Beard Street is a multi-family home for sale in Red Hook. This property was listed for sale on January 3, 2025 by Compass, it's currently listed at $3,250,000. This listing's school district is Nyc Geog District #15 - Brooklyn. Nearby schools include P.S. 15 Patrick F Daly, Brooklyn Secondary School For Collaborative Studie and South Brooklyn Community High School. 162 Beard Street is a 7-bed, 3.5-bath, 4,356 sqft multi-family home built in 2009.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.