216 Smith Street

Cobble Hill

$3,397,998
Price
5
Beds
2
Baths
3,300 Sq. Ft.
$1,030 / Sq. Ft.
3,300
Sq. Ft.
$1,030
per Sq. Ft.

Description

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...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!

Amenities

  • Ground Floor
  • City Views
  • Hardwood Floors
  • Basement
  • Parking Included
  • Lowrise
  • Common Courtyard
  • No Pets
LISTING UPDATED: 08/20/2024 03:10 PM

Property Details for 216 Smith Street

StatusActive
MLS ID485284
Days on Market28
Taxes$11,091 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeTownhouse
MLS TypeMixed Use
Year Built1931
Lot Size1,600 SF / 20' x 80'
CountyKings County

Building

216 Smith St

2 Units3 StoriesBuilt in 1931

Building Information for 216 Smith Street

Stories3Residences2Year Built1931Building Size20' x 55'Building Sq. Ft3,300 SFLot Size1,600 SF / 20' x 80'Building Age-Building Type-

Property Information for 216 Smith Street

Summary
Location and General Information
  • Number Of Stories: 1
  • Cross Street Name: Butler St
  • Cross Street Name: Baltic St
  • Roof: Other
Parking
  • Parking Attributes: None
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 11091.0
  • Gross Expense: 21291.0
  • Gross Income: $158,100.00
Property
Lot Information
  • Sq Ft Total: 3300
  • Yard: Other
  • Lot Size Irregular YN: No
  • Lot Size Length: 80
  • Lot Size Width: 20
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • Hot Water: Gas
  • Fuel Expense: 2500.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Partial
  • Commercial Features Interior: Other
  • Foundation Details: Block
  • Flooring: Hardwood
  • Lavatories: Other
  • Construction Materials: Brick
  • Electric: 110 V, 200 Amp
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: Other
Multi Family
Multi-Family Information
  • Building Type: Attached
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 5300.0
  • Owner Occupied: No

Property History for 216 Smith Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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

Public Records for 216 Smith Street

Taxable ValueLand$21,180Additions$202,620Total$223,800
Home Facts
Total Finished SqFt3,300 SqFtLot Size1,600 SqFtYear Built1931ZoningR6BAPN3004020045

Schools near 216 Smith 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 - 9 to 12
Rating
School
Distance
P.S. 29 John M Harrigan
PublicPK to 5

School For International Studies
Public6 to 12

Cobble Hill School of American Studies
Public9 to 12

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.

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216 Smith Street is a townhouse for sale in Cobble Hill. This property was listed for sale on August 20, 2024 by RE/MAX Edge, it's currently listed at $3,397,998. This listing's school district is Nyc Geog District #15 - Brooklyn. Nearby schools include P.S. 29 John M Harrigan, School For International Studies and Cobble Hill School of American Studies. 216 Smith Street is a 5-bed, 2-bath, 3,300 sqft townhouse built in 1931.

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Listing Courtesy of RE/MAX Edge

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