- For Sale $4,750,000
- Property Type Mixed Use
- Property Size 3,260 SF
- Units 2
- Lot Size 0.03 Acre
- Cap Rate % 5.12
- Rental Income / YR $262,200.00
- NOI / YR $243,277.00
- Taxes / YR $8,923.00
- Year Built 1920
- Year Renovated 2023
- Date Updated Jul 2, 2026
Description
- 100% leased investment property on Smith btwn Pacific St / Dean St
- Mixed Use (S2) * Zoned R6A * FAR 3.0 * Approx. 20′ wide x 72′ deep
- Approx. AGI = $262k and NOI = $ 243k > CAP rate of 5.12%
- Assumable $ 2.5M mortgage available @ 6.7% through May 2035
- Tax Class 1 * Real Estate taxes approx. $744pm
False
Contacts
John Peter McGuire
Smith Hanten
Location
Located at 129 Smith St, Brooklyn, NY 11201, this property is part of the Boerum Hill neighborhood and Brooklyn market.
Contact Listing Broker
John Peter McGuire
Smith Hanten