151 Smith Street

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Address: 151 Smith St, Brooklyn, NY 11201, USA
Created date: December 18, 2023
Date last updated: April 5, 2024

• 4-story mixed-use building with two (2) commercial units and six (6) residential units
• The retail spaces are leased to Gold Smith Jewelry & a Smoke Shop with both leases set to expire within 4 years time
• Prime A+ location where retail rents are pushing greater than $125/SF
• Within a two block radius of the Bergen Street F & G station, Boerum Park and in a geography district with an abundance of top rated public/ private schools in NYC
• All six (6) apartments are 1BR units. There is 1 stabilized unit, the remaining 5 are Free-Market
• Value-Add opportunity where residential rents for 1BR apartments are north of $3,250/ month
• A bustling corridor home to local and national tenants with foot traffic of 10,000+ pedestrians daily
• Protected Tax Class 2B

Key Property Information

Listing Status: Under Contract
Listing Type: Highest & best offer
Property Types: Apartment Buildings
Price: $3,500,000
No. of Units: 8
Building Size: 3,920 Sq ft
Lot Size: 1,680.00 Sq ft
No. of Stories: 4
Opportunity Zone: No
Price per unit: $437,500
Address: 151 Smith St, Brooklyn, NY 11201, USA

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