Description

163 Carlton is a 4 story, 38,000 sq ft residential loft building located in the heart of Fort Greene, Brooklyn, featuring 19 expansive lofts ranging between 1239 sqft - 2934 SQFT!

Formerly the historic W.W. Debevoise Candy Factory, 163 Carlton was converted into residential lofts back in 1998. These lofts are spacious, unique, and highly sought with little to no vacancy, featuring original details and layouts 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).

11 of the 19 units are free market rentals. There are 8 units that are rent stabilized due to a J-51 which expired a few years ago. Under J-51 laws, these RS units will automatically become free market once the current tenants on record move out.

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.

Building size 100X95
Lot size 100X100
FAR 2

Gross Income $1,120,230
Expenses $466,913
NOI $653,317

Contact me for full details.

*Note Floorplans are a redraw of the original plans of the buildings. Layouts have changed/some bathrooms added.
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Building Features 4 Floors32 Units

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Unit Features

Pet Policy: UnitYes

$20,000,000

Last Asking: Feb 27, 2024

40 Beds / 24 Baths - / - ft²

Total Monthly expenses: -

Maintenance: - / R.E. Taxes $24,077

Exclusively listed with: Brick & Mortar LLC

JENNIFER DOSCHER

jennd@brickandmortar.com

(347) 859-9909

Listing Courtesy of Brick & Mortar LLC

Unit listing history

Date Status Amount Listed by Owner Name
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