512 Court

512 Court, Brooklyn, NY 11231

Property Information

  • For Sale $2,850,000
  • Property Type Other
  • Property Size 1,000 SF
  • Lot Size 0.04 Acre
  • Cap Rate % 0.05
  • NOI / YR $154,740.00
  • Taxes / YR $6,727.00
  • Year Built 1931
  • Date Updated Oct 28, 2026

Description

Welcome to 512 Court Street, a rare mixed-use opportunity in the heart of Carroll Gardens, Brooklyn. This 3-story brick building features a ground-floor commercial space plus two spacious 3-bedroom residential apartments above, offering excellent income potential for investors or end-users alike. Each unit has separate utilities, and the commercial tenant currently pays approximately half of the annual real estate taxes, as well as half of the water and sewer expenses. Built in 1931, the property measures approximately 20 ft x 50 ft and offers around 3,000 sq ft of interior space, plus an unfinished basement. Situated on a 20 x 80 lot with R6A zoning, this property offers tremendous long-term upside in one of Brooklyn s most desirable neighborhoods. The commercial space benefits from strong visibility and foot traffic along vibrant Court Street, surrounded by popular restaurants, cafe s, boutiques, shopping, and neighborhood amenities. Conveniently located near transportation, dining, and everyday conveniences, 512 Court Street is a turnkey mixed-use asset with endless potential. All interested purchasers are encouraged to conduct their own due diligence regarding building measurements, zoning, and property information. A phenomenal investment opportunity in prime Carroll Gardens this is a must-see property that will not last!

Contacts

Location

Located at 512 Court, Brooklyn, NY 11231, this property is part of the Carroll Gardens neighborhood and Brooklyn market.

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