Finally available one-of-a-kind and very rare mixed-use historic property with PARKING in Prime Prospect Heights, perfect for an investor, end-user, restauranteur, artist, boutique, gallery, artisan or small business owner of any kind. Situated on the beautiful and convenient corner of Carlton and St. Marks Avenues, this handsome and well-tended 4-story brownstone property boasts a generous storefront and cellar, currently home to award-winning restaurant James; a FOUR-CAR GARAGE; and four free-market apartments. There are even two city-approved covered outdoor dining areas allocated for the restaurant space, adding additional year-round seating. The second and third stories offer full-floor generously sized 2-bedroom homes with windows and light that stream in from three sides, including through large and distinctive bay windows that overlook charming St. Marks. The second floor even includes a large terrace that sits atop the large 4-car garage, making this a wonderful home with private outdoor space should you choose to work AND live out of the property. Distinctive pre-war details abound including high-ceilings, rustic hardwood floors, hand-carved banisters, wainscoting, and fantastic curb-appeal, making it an investment that will grow in value well into the future. Situated just a few blocks from Prospect Park on a leafy-green street with easy access to Express subway stations, the Barclay's Center, and all of the amazing amenities on Flatbush, Vanderbilt and Washington avenues, Park Slope, and Barclay's Center. This is the best of all worlds a spacious and charming pre-war building on a quiet block but within a stone's throw of every award-winning amenity for which Brooklyn has become so beloved. Find yourself running a business, collecting income, and/or living in the epicenter of a brownstone and architectural Renaissance visible in every direction. At 22' wide, this is wider than your typical brownstone and affords living and renting opportunities rarely seen in Brooklyn. Wonderfully maintained by the current owners, it can continue to be rented as-is, or make some minor kitchen and bathroom upgrades and see the return on your money skyrocket. There is very limited inventory in this convenient and charming neighborhood, and a few small upgrades will allow you to maximize your return in all four free-market apartments. The storefront tenant has a lease through February 2023. The four garages are a needle in a haystack and guaranteed income producer, or keep a space for yourself and never have to worry about parking again. After annual expenses, this unique building is being offered for sale as a 5-cap investment with the potential for more. Showings by appointment only, please call for more details and a set-up.

Property Details of 150 Saint Marks Avenue, Unit NA

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Listed by Sarah Shuken and Deborah Rieders of Corcoran Group

Based on information submitted to REBNY as of May 20, 2022 12:19 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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