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506 Warren St
Brooklyn, NY 11217
100% Free Market | Renovated | Mixed-Use · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Gut renovated, 100% free market 4.5-story mixed-use walk-up building with four (4) 3-bedroom units, two (2) 4-bedroom duplexes, and one store
  • Residential units offer modern layouts, high-end appliances, and tenant-controlled HVAC systems
  • Surrounded by prime Gowanus retail, bars, restaurants, and new developments
  • Tax class 2B protects the underlying taxes from increasing significantly
  • Long-term retail lease in place, accounting for 20% of the gross income
  • Transit oriented with 12 subway / rail line options - Bergen Street station 3 blocks away and the Atlan terminal within close proximity

PROPERTY FACTS

Property Type
Retail
Property Subtype
Shopfront Retail / Residential
Property Size
9,323 sq ft
Costar Property Class
C
Year Built
1931
Tenancy
Multiple
Number of Floors
4
Plot ratio
3.57
Total Plot Size
0.06 ac
Use Class
R6
Frontage
26 ft on Warren St

AMENITIES

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00399-0037
Land Assessment
£124,934
Improvements Assessment
£1,162,053
Total Assessment
£1,286,987
  • Listing ID: 29326947

  • Date on Market: 21/08/2023

  • Last Updated:

  • Address: 506 Warren St, Brooklyn, NY 11217

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