429 Warren St, Brooklyn, New York, 11217

429 Warren St
Brooklyn NY 11217

EXCLUSIVE

Property

Ownership: Mixed Use
Type: Mixed Use
Pets: Pets Allowed
Area: 2760 sq ft

Financials

Price: $3,495,000
Annual Taxes: $6,334
Chester Yow
Licensed Associate Real Estate Broker | Licensed as 'De Rong Chester Yow'
Andy H. Kim
Managing Director | Westside Licensed Associate Broker
Olesia Goncharova
Licensed Real Estate Salesperson
505 Park Ave, New York, NY 10022

Description

Welcome to 429 Warren Street, a 3 story mixed-use building located in the heart of Boerum Hill, Brooklyn. The building is set up as a 2 family unit on the 2nd and 3rd floor with a commercial store or office on the 1st level.

Each floor averages to around 920 sf. There is also a private outdoor terrace on the 2nd floor and a private parking garage as well. This would be perfect for a primary owner who enjoys receiving incremental income as well as running a business. OR an investor and developer that would convert the building into condos with the additional FAR. The 2 residential units are currently rented out. Can be delivered occupied or vacant.

The building is situated within one of the most sought after Brooklyn neighborhoods, walking distance to F/G/A/C subway lines, also nearby are the popular shops, restaurants, and services in Boerum Hill and Carroll Gardens. You also are close to Atlantic Avenue and the Barclays Center.

Current breakdown below

Total SF: 2,760

Building dimensions: 23 ft x 40 ft

Lot dimensions: 23.5 ft x 60 ft

Annual property tax: $6,334

Zoning: R6B

Other annual expenses for 2020 (estimates):

Insurance: $3,348

Water: $914

Coned: $578

Projected and current rent:

Commercial if retail: $6,000 per month

Garage: $1,200 to $1,500 per month

2nd floor: $3,600 per month currently (2bed/1bath)

3rd floor: $3,342 per month currently ( 2beds/1baths)

Amenities

  • A/C units
  • Back Yard
  • City View
  • Garage
  • Home Office
  • Live Work
  • Private Entrance

Exposures

  • East
  • North
  • South
  • West

Neighborhood

More listings:

3 story mixed-use building in Boerum Hill

Description

Welcome to 429 Warren Street, a 3 story mixed-use building located in the heart of Boerum Hill, Brooklyn. The building is set up as a 2 family unit on the 2nd and 3rd floor with a commercial store or office on the 1st level.

Each floor averages to around 920 sf. There is also a private outdoor terrace on the 2nd floor and a private parking garage as well. This would be perfect for a primary owner who enjoys receiving incremental income as well as running a business. OR an investor and developer that would convert the building into condos with the additional FAR. The 2 residential units are currently rented out. Can be delivered occupied or vacant.

The building is situated within one of the most sought after Brooklyn neighborhoods, walking distance to F/G/A/C subway lines, also nearby are the popular shops, restaurants, and services in Boerum Hill and Carroll Gardens. You also are close to Atlantic Avenue and the Barclays Center.

Current breakdown below

Total SF: 2,760

Building dimensions: 23 ft x 40 ft

Lot dimensions: 23.5 ft x 60 ft

Annual property tax: $6,334

Zoning: R6B

Other annual expenses for 2020 (estimates):

Insurance: $3,348

Water: $914

Coned: $578

Projected and current rent:

Commercial if retail: $6,000 per month

Garage: $1,200 to $1,500 per month

2nd floor: $3,600 per month currently (2bed/1bath)

3rd floor: $3,342 per month currently ( 2beds/1baths)

Amenities

  • A/C units
  • Back Yard
  • City View
  • Garage
  • Home Office
  • Live Work
  • Private Entrance

Exposures

  • East
  • North
  • South
  • West

Neighborhood

More listings:

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. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.