41 Summit Street is a brand new, stand alone, three family Brooklyn trophy investment property, perfectly positioned where Carroll Gardens meets Red Hook and the Columbia Heights Waterfront.


Property

Website:https://www.nestseekers.com/5370733
Address:
41 Summit Street
Brooklyn, NY 11231
Cross street:Hamilton Avenue
Type:Low-rise
Era:Pre-war
Floors:6
Ownership: Multi-Family
Rooms: 15
Bedrooms: Studio

Financials

Price:$7,500,000
Real estate tax:$34,372

Description

41 Summit Street is a brand-new, stand-alone, three-family Brooklyn trophy investment property, perfectly positioned where Carroll Gardens meets Red Hook and the Columbia Heights Waterfront. Built to the highest standards of design and construction, this rare, boutique multifamily seamlessly combines luxury living with serious income performance.
100% turnkey and ready to go, this property delivers immediate results with an above 5% cap rate and zero deferred maintenance. Every system is new, every finish refined, and every detail executed with long-term value in mind-making it ideal for private investors, a 1031 exchange, or as a core Brooklyn hold.

The building comprises three highly desirable rental residences in a boutique, keyed-elevator setting, each offering dual north-south exposure, exceptional natural light, multiple private outdoor spaces, and striking skyline views. With a garage and parking for up to four cars, this rare amenity package drives top-tier rents, minimal vacancy, and maximum ROI.


Unit 1 - A spacious 2-bedroom, 3.5-bath duplex with a flexible recreation room, offering 1,472 interior square feet, a massive private rear yard, and an additional balcony-ideal for premium living and strong rental demand.

Unit 2 - A 2-bedroom, 2-bath floor-through residence spanning 1,187 interior square feet, complete with a private balcony, dual exposure, and excellent natural light-an exceptionally efficient and high-performing rental layout.

Unit 3 (Penthouse) - A dramatic 3-bedroom, 3-bath duplex penthouse offering sweeping Manhattan skyline views, a 350-square-foot south-facing terrace, plus a full private roof deck exceeding 600 square feet-a true crown jewel designed to command top-of-market rents.

Additional Property Highlights:
-Stand-alone, three-unit building
-Prime Carroll Gardens location
-Multiple private outdoor spaces in each unit
-Garage + parking for up to four vehicles
-Dual exposure (South & North) in all units
-Exceptional natural light throughout
-Keyed elevator
-Refined finishes and high-end appliances
-High ceilings and open layouts
-All-new mechanicals and HVAC
-Fully turnkey, ready to perform

In a market defined by limited supply and rising demand, 41 Summit Street stands alone-a best-in-class Brooklyn investment offering luxury, income, and long-term appreciation in one exceptional asset. Contact us directly for more information as we look forward to showing you this incredible piece of Brooklyn real estate. Some images are renderings and are solely intended for marketing purposes only and may not reflect the final product.

Amenities

Roof Deck;
  • Terrace
  • Elevator
  • New Development
  • Roof Deck
  • Video Intercom

Contact

578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Corcoran Group