163 Carlton Avenue

Fort Greene   |   Willoughby Avenue & Myrtle Avenue

Building For Sale
$ 21,000,000
Ownership Rental Property
Floors/Apts 4/32
Status Active
Real Estate Taxes [Per Annum] $ 279,443
Building Type Loft
ASF/ASM 38,000/3,530
Listing ID: 82012TH

Jason Bauer

License

Manager, Lic. Associate RE Broker

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Property Description

163 Carlton is a 4 story, 38,000 sq ft residential loft building located in the heart of Fort Greene, Brooklyn, featuring 19 expansive lofts ranging between 1239 sqft - 2934 SQFT! Formerly the historic W.W. Debevoise Candy Factory, 163 Carlton was converted into residential lofts back in 1998. These lofts are spacious, unique, and highly sought with little to no vacancy, featuring original details and layouts 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). 11 of the 19 units are free market rentals. There are 8 units that are rent stabilized due to a J-51 which expired a few years ago. Under J-51 laws, these RS units will automatically become free market once the current tenants on record move out. 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. Building size 100X95 Lot size 100X100 FAR 2 Gross Income $1,087,020 Expenses $466,913 NOI $620,107 Contact me for full details. *Note Floorplans are a redraw of the original plans of the buildings. Layouts have changed/some bathrooms added.
163 Carlton is a 4 story, 38,000 sq ft residential loft building located in the heart of Fort Greene, Brooklyn, featuring 19 expansive lofts ranging between 1239 sqft - 2934 SQFT! Formerly the historic W.W. Debevoise Candy Factory, 163 Carlton was converted into residential lofts back in 1998. These lofts are spacious, unique, and highly sought with little to no vacancy, featuring original details and layouts 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). 11 of the 19 units are free market rentals. There are 8 units that are rent stabilized due to a J-51 which expired a few years ago. Under J-51 laws, these RS units will automatically become free market once the current tenants on record move out. 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. Building size 100X95 Lot size 100X100 FAR 2 Gross Income $1,087,020 Expenses $466,913 NOI $620,107 Contact me for full details. *Note Floorplans are a redraw of the original plans of the buildings. Layouts have changed/some bathrooms added.

Listing Courtesy of Brick & Mortar LLC

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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

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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.