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272 Smith St
Brooklyn, NY 11231 Carroll Gardens

Price Upon Request

Apartments For Sale  •  5,360 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,360 SF
  • Lot Size 0.03 AC
  • Building Class C
  • Year Built 1931
  • Zoning R6B
100 Transit Score
100 Walk Score

Highlights

This 100% free-market mixed use asset is positioned on one of the most desirable retail strips in all of Brooklyn.
Only two blocks from Carroll Park and in close proximity to multiple subway stops, 272 Smith Street is the definition of a prime location.
The property, spanning 5,360 square feet, offers 7 recently renovated free-market apartments all achieving top of market rents for the area.
The Cubana Cafe, a long-standing local favorite, provides income stability through a strong rent of $8,760 per month ($133 PSF).
Offering stable in-place income and an attractive 6.7% cap rate in place, 272 Smith Street is positioned to deliver for any investor from day one.

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Eat-in Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
6 min - 1.5 mi
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 9 min - 3.0 mi
Transit/SubwayDriveWalkDistance
Carroll Street (F - New York MTA Subway (The Subway), G - New York MTA Subway (The Subway)) 2 min 4 min 0.2 mi
Bergen Street (F,G Line) (F - New York MTA Subway (The Subway), G - New York MTA Subway (The Subway)) 1 min 6 min 0.3 mi
Smith-9 Streets (F - New York MTA Subway (The Subway), G - New York MTA Subway (The Subway)) 4 min 13 min 0.6 mi
Hoyt Street-Schermerhorn Street (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), G - New York MTA Subway (The Subway)) 2 min 15 min 0.8 mi
Borough Hall-Court Street (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 3 min 15 min 0.8 mi
AirportDriveWalkDistance
LaGuardia 21 min - 10.5 mi
John F Kennedy International 30 min - 14.5 mi
Newark Liberty International 27 min - 15.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes