523 Henry Street

523 Henry Street, Brooklyn, NY 11231

  • For Sale $4,200,000
  • Property Type Multi-Family
  • Property Size 3,840 SF
  • Units 4
  • Lot Size 0.04 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1900
  • Date Updated Nov 13, 2024
Midblock on Henry Street between Sackett Street and Union Street523 Henry Street presents significant opportunity for a value-add investor or converter in Carroll Gardens, one of Brooklyn's most sought-after and burgeoning residential neighborhoods. The property's current configuration includes 3 floor-through, two or three bedroom apartments above a ground-floor commercial unit. The property benefits from additional features including a private rear garden, approximately 1,800 square feet of available air rights, and a protected tax class status.

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Attachments

Highlights

  • The 20 foot wide brownstone features 3 free market, floor through, two bedroom apartments in one of the best pockets of Carroll Gardens where residential rents are some of the highest in Brooklyn
  • Immense upside potential on the ground floor space which can be delivered vacant at closing allowing a new owner to occupy the space, re-tenant with a new retail tenant at a considerable rent increase, or convert the floor to residential
  • Sitting on 20 foot by 100 foot lot and zoned R6A, additional 1,800 square feet can be added to the building
  • Potential for the property to be converted from it’s current mixed use status to a single family townhouse or separate condo units where prices in Carroll Gardens are in the $2,000+ per square foot for brand new product

Contacts

broker

Patrick Donahue

Lee & Associates - New York

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    99/100 Biker's Paradise
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  • City Brooklyn, NY
  • Neighborhood Carroll Gardens
  • Zip Code 11231
  • Market Brooklyn

Points of Interest

  • Carroll Street

    0.33 miles

  • Borough Hall

    0.82 miles

  • Jay Street–MetroTech

    0.87 miles

  • 4th Avenue

    1.06 miles

  • Castle

    1.06 miles

  • 9th Street

    1.06 miles

  • 4th Ave - 9th Street (R) to Bay Ridge

    1.07 miles

  • 4th Ave - 9th Street (R) to Queens

    1.08 miles

  • Arecibo

    1.12 miles

  • Eastern Car Service

    1.38 miles

  • Gulf

    0.29 miles

  • Shell

    0.50 miles

  • American Quick Start Auto Center

    0.54 miles

  • BP

    0.61 miles

  • Sunoco

    0.66 miles

  • Mobil

    0.73 miles

  • Tesla Supercharger

    1.30 miles

  • plugNYC

    1.35 miles

  • ChargePoint

    2.20 miles

  • EVgo

    2.21 miles

  • The Parking Club

    0.51 miles

  • Edison ParkFast

    0.68 miles

  • Brooklyn Cruise Terminal Parking

    0.87 miles

  • School Bus Depot

    0.98 miles

  • IKEA

    1.03 miles

  • Garfield Garage

    1.38 miles

  • MPG

    1.42 miles

  • Icon

    1.57 miles

  • Park Kwik

    1.57 miles

  • Rapid Park

    1.64 miles

  • Brooklyn Motor Inn

    0.40 miles

  • The Lodge Red Hook

    0.43 miles

  • Nu Hotel

    0.66 miles

  • Hilton

    0.72 miles

  • The Baltic Hotel

    0.73 miles

  • Tru by Hilton

    0.86 miles

  • Fairfield Inn

    0.86 miles

  • Ace Hotel

    0.87 miles

  • Towneplace Suites

    0.90 miles

  • Union Hotel

    0.91 miles

  • Untable

    0.01 miles

  • Gus's Chop House

    0.02 miles

  • Ling Ling Young

    0.02 miles

  • Koto Sushi & Steak

    0.11 miles

  • Petite Crevette

    0.13 miles

  • Ferdinando's Focacceria

    0.13 miles

  • Lucali

    0.14 miles

  • Famous House of Pizza & Calzone

    0.15 miles

  • Cafe Spaghetti

    0.16 miles

  • Calexico

    0.17 miles

  • Mary McDowell Friends Middle School

    0.16 miles

  • Junior High School 29

    0.23 miles

  • P.S. 58 The Carroll School

    0.30 miles

  • P368K Star Academy

    0.30 miles

  • Public School K146 Brooklyn New School

    0.31 miles

  • Digital Arts & Cinema Technology High School

    0.31 miles

  • Boerum Hill School For International Studies

    0.33 miles

  • Success Academy Cobble Hill

    0.34 miles

  • Hannah Senesh Community Day School

    0.35 miles

  • Mary McDowell Friends Lower School

    0.43 miles

  • Ladybug Daycare & Preschool

    0.14 miles

  • Who's on First?

    0.21 miles

  • Paché Montessori

    0.21 miles

  • Smith Street Maternelle

    0.22 miles

  • Hudson's House

    0.23 miles

  • New York Kids Club

    0.24 miles

  • Eladia's Kids

    0.25 miles

  • Tic Tac Daycare

    0.25 miles

  • La Souris Verte

    0.26 miles

  • Cobble Hill Playschool

    0.26 miles

Frequently Asked Questions

How much does 523 Henry Street cost?

The space currently listed for sale at 523 Henry Street asks for $4,200,000.

What is the total square footage of 523 Henry Street?

523 Henry Street totals 3,840 square feet.

When was this property built?

523 Henry Street was built in 1900.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Patrick Donahue

Lee & Associates - New York