Mixed-Use Apartment and Retail
For Sale
Contact for pricing
193 Sackett Street, Brooklyn, NY 11231
Four-story mixed-use building with five free-market residences and a ground-floor coffee shop tenant.
Property Size4,000 SF
Days on Market61
Property Features for 193 Sackett Street
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Mixed Use
Zoning
R6B
Additional Details
Cap Rate
6.5%
Multifamily Units
5
Building Details
Stories
4
Tenancy
Multi
Listing Agency:
TerraCRG
Listed By:
John Ceccoli · License #2326363
Source:
Crexi
Added: Jun 12
Changed: Aug 8
Last Checked: Jun 20 at 5:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TerraCRG
Investment Insights
Based on property information with market context.
193 Sackett Street is a four-story, mixed-use property in which five free-market residential units are complemented by one ground-floor retail space occupied by a coffee shop. The building’s retail and residential components provide a combined income profile, and the property is offered for sale with stated net operating income of approximately $247,000 and a capitalization rate of 6.5% as presented in the offering materials.
The property is described as being in the heart of Carroll Gardens, Brooklyn, with proximity to local destinations and retail along Court Street and Smith Street, and nearby access to established neighborhood amenities. The listing also notes the building is just two blocks from P.S. 29 and approximately three blocks from the Court Street retail corridor.
For investors or owner-operators seeking a live-and-work-style asset, the combination of in-place retail tenancy and free-market residential units may appeal as a straightforward way to acquire a mixed-use building with both residential and neighborhood retail income. Residential tenants benefit from a multi-unit configuration within the same structure as the retail frontage, while the retail tenant occupies the ground floor as part of the overall building mix.
The property is described as being in the heart of Carroll Gardens, Brooklyn, with proximity to local destinations and retail along Court Street and Smith Street, and nearby access to established neighborhood amenities. The listing also notes the building is just two blocks from P.S. 29 and approximately three blocks from the Court Street retail corridor.
For investors or owner-operators seeking a live-and-work-style asset, the combination of in-place retail tenancy and free-market residential units may appeal as a straightforward way to acquire a mixed-use building with both residential and neighborhood retail income. Residential tenants benefit from a multi-unit configuration within the same structure as the retail frontage, while the retail tenant occupies the ground floor as part of the overall building mix.
Key Highlights
- Four‑story mixed‑use building with five free‑market residential units and one ground‑floor retail space
- Ground‑floor retail is occupied by a coffee shop tenant
- Approximately $247,000 in net operating income
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
7,239
Businesses Nearby
Explore this area
Business Placement
Demographics for 11231, NY
37,240
Population
18,265
Households
2
Avg Household Size
37
Median Age
69%
College-Educated
90%
High-School Grad
1.4 sq mi
ZIP Area
26,600
Density / Sq Mi
$138,485
Median Household Income
$85,791
Median Earnings
$2,474
Median Rent
$1,678,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Four-story mixed-use building with five free-market residences and a ground-floor coffee shop tenant.
Where is this apartment building located?
The property is located at 193 Sackett Street Brooklyn, NY.
What are key features of this property?
This property features: Four‑story mixed‑use building with five free‑market residential units and one ground‑floor retail space; Ground‑floor retail is occupied by a coffee shop tenant; Approximately $247,000 in net operating income
