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257 Columbia St
Brooklyn, NY 11231
Multifamily Property For Sale
·
2 Units
INVESTMENT HIGHLIGHTS
- • Columbia Street Waterfront District Mixed-Use Asset with Strong Upside Potential
- • Fully Free-Market Building
- • Proximity to Retail, Dining & Entertainment
- • Seller Financing Available
- • Zoned R6A, C2-4, Allowing for Flexible Mixed-Use Development & Future Expansion
- • Free-Market Apartments with Substantial Upside in a Market Achieving $70- $80/SF for Fully Renovated Apartments
EXECUTIVE SUMMARY
Marcus & Millichap is proud to present 257 Columbia Street, a mixed-use building located in the Columbia Street Waterfront District of Brooklyn, New York. The property consists of (two) one and half-bedroom apartments and one retail unit, offering a versatile investment opportunity in a highly desirable neighborhood. Originally built in 1931, the building spans 20 feet wide by 75 feet deep on the ground floor, while the top two floors measure 20 feet wide by 40 feet deep. Zoned R6A, C2-4, the asset is well-positioned for both residential and commercial growth.
The property is located just six blocks from Carroll Street [F, G] Train Station, which provides seamless access to Manhattan and greater Brooklyn. A fully free-market building with long-term family-ownership, 257 Columbia Street has strong investment potential in a neighborhood experiencing steady appreciation.
The property is located just six blocks from Carroll Street [F, G] Train Station, which provides seamless access to Manhattan and greater Brooklyn. A fully free-market building with long-term family-ownership, 257 Columbia Street has strong investment potential in a neighborhood experiencing steady appreciation.
PROPERTY FACTS
| Price Per Unit | $1,797,250 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| No. Units | 2 | Building Size | 3,100 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1931 |
| Apartment Style | Low-Rise | ||
| Zoning | R6A - Contextual district where the Quality Housing bulk regulations are mandatory | ||
| Price Per Unit | $1,797,250 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 3,100 SF |
| No. Stories | 3 |
| Year Built | 1931 |
| Zoning | R6A - Contextual district where the Quality Housing bulk regulations are mandatory |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Basement
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 00348-0005 | Improvements Assessment | $201,491 CAD |
| Land Assessment | $20,403 CAD | Total Assessment | $221,894 CAD |
PROPERTY TAXES
Parcel Number
00348-0005
Land Assessment
$20,403 CAD
Improvements Assessment
$201,491 CAD
Total Assessment
$221,894 CAD
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