129 Smith St

129 Smith St, Brooklyn, NY 11201

Property Information

  • 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

Contacts

Location

Located at 129 Smith St, Brooklyn, NY 11201, this property is part of the Boerum Hill neighborhood and Brooklyn market.

Contact Listing Broker
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