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Rare Prime Cobble Hill Mixed-Use Building

$ 3,330,000
159 Baltic St, New York, Brooklyn
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CT Estates is pleased to present for sale 159 Baltic Street, a four story renovated mixed-use building located in the heart of Cobble Hill. The property was built in 1920.The building’s ground floor is fully leased and contains 9 rent stabilized apartments.This 8,650 square foot building sit between Henry St and Hicks St. Currently the first floor is leased to Cobble Hill Mini Market, Happy Garden & Fare & Folk.The property has significant upside in the rental income as just four of the nine units are vacant. As the units are averaging $3.33/SF in a market where renovated units typically achieve in the $4.37/SF range. Apartments are currently configured as a mix of one, and two bedroom units. Contact us for more information.

Address: 159 Baltic St
Zip: 11201
Country: United States
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Property Id : 18884
Price: $ 3,330,000
Bedrooms: 10
Bathrooms: 9

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