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323 COLUMBIA STREET

Columbia Street Waterfront District, Brooklyn

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Property Description

Investment Property Realty Group (IPRG) has been exclusively retained to sell 323 Columbia Street. The subject property is a freemarket mixed-use building located in the Columbia Street Waterfront District of Brooklyn.

The property offers 2 renovated apartments and 1 retail space. The two apartments are currently cash-flowing at market rents, while the retail space that’s built 18.83 ft x 76.5 ft will be delivered vacant. The building benefits from low taxes in Tax Class 1 ($6,150).

Its position on Columbia Street and close proximity to the F and G trains at Carroll Street enhance its appeal as a cash-flowing investment or value-add opportunity in one of Brooklyn’s most up and coming neighborhoods. This is an exceptional opportunity for
investors seeking long-term value in an established market.

  • Block & Lot:

    00363-0002

  • Neighborhood:

    Columbia Street Waterfront District

  • Cross Streets:

    Rapelye St & Woodhull St

  • Building Dimensions:

    See OM

  • Lot Dimensions:

    18.83 ft x 76.5 ft

  • Units:

    3

  • Total Approx. SF:

    2,824

  • Zoning:

    M1-1

  • FAR:

    1.51

  • Tax Class:

    1