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 Dec 10, 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.

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Contact Listing Broker
broker
Patrick Donahue

Lee & Associates - New York