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Type:
Mixed Use
Sq Ft:
11,808
Units:
Property Description
Investment Property Realty Group (IPRG) is pleased to present an exclusive opportunity to acquire 240 Court Street, a prime mixed-use asset located between Kane Street and Baltic Street in the heart of Cobble Hill, Brooklyn.
This trophy property features 12 residential units and 2 retail storefronts, boasting 42 feet of frontage along one of Court Street’s most sought-after stretches. Meticulously maintained by the same family for generations, the building reflects pride of ownership and has a notably low violation count.
Built to 42 ft x 68 ft dimensions and sitting on a 42 ft x 80 ft lot, the property offers approximately 11,808 square feet of total space. Its strategic location near major retail corridors and excellent access to public transportation— including the F, G, A, C, 2, and 3 subway lines—enhances its appeal as a cash-flowing investment with significant upside potential in one of Brooklyn’s most dynamic and desirable neighborhoods.
This is an exceptional opportunity for investors seeking long-term value in a well-established market.
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Block & Lot:
0312 & 032
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Neighborhood:
Cobble Hill
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Cross Streets:
Baltic St and Kane St
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Building Dimensions:
42 ft x 68 ft
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Lot Dimensions:
42 ft x 80 ft
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Units:
14
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Total Approx. SF:
11,808
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Zoning:
R6, C1-3
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FAR:
2.43
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Tax Class:
2
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