163 Carlton Avenue

Fort Greene   |   Willoughby Avenue & Myrtle Avenue

Price Drop
Building For Sale
$ 22,000,000 [ 4.35% | $ 1,000,000 ]
Ownership Rental Property
Floors/Apts 4/32
Status Active
Real Estate Taxes [Per Annum] $ 281,803
Building Type Loft
ASF/ASM 38,000/3,530
Listing ID: 82012TH

Property Description

Corcoran is honored to exclusively present 163 Carlton Avenue located in the heart of Fort Greene, Brooklyn.

This property is a 4 story, 38,000 sq ft residential loft building with 19 units ranging between 1239 sqft ? 2934 sqft!

Formerly the historic W.W. Debevoise Candy Factory, 163 Carlton was converted into residential lofts back in 1998 and acquired by the current owner in 2003. These lofts are spacious, unique, and highly sought featuring original details such as exposed beams, brick, large windows, high ceilings and hardwood floors.

Some of the units have been renovated over the years with new kitchens, bathrooms, recessed lighting, and Split AC units.

The building features an elevator, garbage chutes and a shared laundry room (select units have washer dryer in unit).

163 Carlton Avenue is conveniently located around the block from Fort Greene Park and near all major trains R,Q, N, B, D, W at Dekalb/ 2,3,4,5 at Nevins or the G at Clinton Washington.

This property offers opportunity for possible condo conversion or keep the building as is.

11 of the 19 units are free market. There are 8 units that are rent stabilized due to a J-51 which expired a few years ago. The RS units will be deregulated once the current tenants move out.

Contact me today for more details of the property or a private showing!

Gross Income $1,030,618.00

Expenses $452,325

NOI $578,293

Building size 100X95

Lot size 100X100

FAR As Built 3.8/Max FAR 4

Corcoran is honored to exclusively present 163 Carlton Avenue located in the heart of Fort Greene, Brooklyn.

This property is a 4 story, 38,000 sq ft residential loft building with 19 units ranging between 1239 sqft ? 2934 sqft!

Formerly the historic W.W. Debevoise Candy Factory, 163 Carlton was converted into residential lofts back in 1998 and acquired by the current owner in 2003. These lofts are spacious, unique, and highly sought featuring original details such as exposed beams, brick, large windows, high ceilings and hardwood floors.

Some of the units have been renovated over the years with new kitchens, bathrooms, recessed lighting, and Split AC units.

The building features an elevator, garbage chutes and a shared laundry room (select units have washer dryer in unit).

163 Carlton Avenue is conveniently located around the block from Fort Greene Park and near all major trains R,Q, N, B, D, W at Dekalb/ 2,3,4,5 at Nevins or the G at Clinton Washington.

This property offers opportunity for possible condo conversion or keep the building as is.

11 of the 19 units are free market. There are 8 units that are rent stabilized due to a J-51 which expired a few years ago. The RS units will be deregulated once the current tenants move out.

Contact me today for more details of the property or a private showing!

Gross Income $1,030,618.00

Expenses $452,325

NOI $578,293

Building size 100X95

Lot size 100X100

FAR As Built 3.8/Max FAR 4


Listing Courtesy of The Corcoran Group

Care to take a look at this property?

Apartment Features

A/C
163 Carlton Avenue Fort Greene Brooklyn NY 11205

Building Details [163 Carlton Avenue]

Ownership Rental Property
Service Level Voice Intercom
Access Elevator
Block/Lot 2073/15
Building Type Loft
Floors/Apts 4/32

Building Amenities

Laundry Rooms
Roof Deck

Mortgage Calculator in [US Dollars]

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.