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  • 163 Carlton Avenue
  • $ 22,000,000
163 Carlton Avenue Fort Greene Brooklyn NY 11205
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163 Carlton Avenue

Fort Greene   |   Willoughby Avenue & Myrtle Avenue
Listing ID: 82012TH

  • $ 22,000,000
  • 40 Bedrooms
  • 24 Bathrooms
  • LoftBuilding Type
  • 38,000/3,530 Approx. SF/SM

  • Details
    • Rental PropertyOwnership
    • $ 281,796Anual RE Taxes
    • Building Size
    • Lot Size
    • Year Built
    • ActiveStatus

163 Carlton Avenue Fort Greene Brooklyn NY 11205
  • 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!

    We are currently in the early stage of condo conversion. The property can also sell as is. Please inquire for more details.

    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.

    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 under J-51 laws.

    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

    Contact me for full details.

    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!

    We are currently in the early stage of condo conversion. The property can also sell as is. Please inquire for more details.

    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.

    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 under J-51 laws.

    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

    Contact me for full details.

    Listing Courtesy of Corcoran Group
  • Contact
  • Matthew Coleman

    License

    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
    • Email Me
    • Download Contact

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  • Features
    • A/C
    • Washer / Dryer Hookups

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  • Contact
  • Matthew Coleman

    License

    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
    • Email Me
    • Download Contact

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2023 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
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.
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31 East 12th Street, New York, NY 10003
Tel: 212.677.4040 | Fax: 212.677.4041 | info@colemanrealestate.com
© 2023 by Coleman Real Estate.  All Rights Reserved
31 East 12th Street, New York, NY 10003
Tel: 212.677.4040
Fax: 212.677.4041
info@colemanrealestate.com

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31 East 12th Street, New York, NY 10003
T:   212.677.4040   |   Email:   info@colemanrealestate.com
T01.50.0.0 | Core: 50.0.0