523 Henry Street

For Sale

523 Henry Street, Brooklyn, NY 11231

This Brooklyn property for sale is located at 523 Henry Street. The current listed sale price for 523 Henry Street is $4,200,000. 523 Henry Street is situated on a lot that is 0.04 acre in size.

Contacts

broker
Patrick Donahue

Lee & Associates - New York

Property Details

  • 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.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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

Attachments

Getting around

  • 97/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 99/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Key Food

    0.06 miles

  • Union Market

    0.22 miles

  • Prospect Market

    0.39 miles

  • Dumbo Market

    0.42 miles

  • Trader Joe's

    0.52 miles

  • Sahadi's

    0.54 miles

  • Marshalls

    0.58 miles

  • C-Town

    0.59 miles

  • Town Market

    0.65 miles

  • ABC Super Stores

    0.82 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Patrick Donahue

Lee & Associates - New York