The Brennan Team of Marcus & Millichap has been exclusively engaged to represent
ownership in the sale of 300 Court Street, a three-story brick mixed-use building
comprised of two (2) apartments and one (1) retail unit. The property is located on
Court Street between Douglass Street & Degraw Street in the Cobble Hill neighborhood
of Brooklyn, New York.
The subject property was built in 1931 and measures approximately 21 feet wide by
52.5 feet deep on the first floor, and approximately 21 feet wide by 40 feet on the
second and third floors. Its current total square footage is approximately 2,782.5 not
including a fully built basement, which is being used by the commercial space and
offers future leasable value. The building sits on a lot that measures about 21 feet wide
by 83 feet deep, and is zoned R6, C1-3, LH-1. All interested purchasers are encouraged
to conduct their own due diligence on building measurement representations.
300 Court Street is a phenomenal opportunity to purchase a turnkey mixed-use
building located within what is widely considered one of the best stretches of Court
Street in Cobble Hill. The retail space was recently leased to 16 Handles, a rapidly
expanding self-serve frozen yogurt company that was founded in 2008 and has
locations in six states. The tenant’s current lease commenced in July of 2025 and
runs through July 2035 with three percent annual increases. 16 Handles is also
obligated to reimburse 50 percent of the annual tax increase as well as a portion of
the building’s water and common area electric usage. Each of the two apartments are
renovated, offering one-bedroom and office layouts, which are separately metered
for heat and hot water.
The subject property is located four blocks from the Bergen Street [F,G] Train
Station, and close to numerous well-known restaurants and family businesses
such as Lucali, Sam’s, Awash, Mazzola Bakery, and is directly adjacent to Court
Pastry Shop.
Active
$3,300,000
300 Court St, Brooklyn, NY 11231
0beds
2,783sqft
Mixed Use
Built in 1931
-- sqft lot
$3,365,000 Zestimate®
$1,186/sqft
$-- HOA
What's special
- 17 days
- on Zillow |
- 556 |
- 22 |
Likely to sell faster than
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