Updated 12 days ago
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Boerum Hill, Brooklyn | Warren Street & Wyckoff Street
2,760 Square FeetMixed Use

$3,495,000
floors / apts3 / 2
Lot Size24'x60'
Built Size23'x40'
ZoneR6B
Building TypeLow-Rise
RE Taxes$6,008
Price Per SF
$1,266

Outdoor space and views

  • Terrace
  • Park Views

Building Amenities

  • Garage
  • Outdoor Parking

Property Description

Welcome to 429 Warren Street, a 3 story mixed-use building located in the heart of Boerum Hill, Brooklyn. The building is set up as a 2 family unit on the 2nd and 3rd floor with a commercial store or office on the 1st level.

Each floor averages to around 920 sf. There is also a private outdoor terrace on the 2nd floor and a private parking garage as well. This would be perfect for a primary owner who enjoys receiving incremental income as well as running a business. OR an investor and developer that would convert the building into condos with the additional FAR. The 2 residential units are currently rented out. Can be delivered occupied or vacant.

The building is situated within one of the most sought after Brooklyn neighborhoods, walking distance to F/G/A/C subway lines, also nearby are the popular shops, restaurants, and services in Boerum Hill and Carroll Gardens. You also are close to Atlantic Avenue and the Barclays Center.

Current breakdown below

Total SF: 2,760

Building dimensions: 23 ft x 40 ft

Lot dimensions: 23.5 ft x 60 ft

Annual property tax: $6,334

Zoning: R6B

Other annual expenses for 2020 (estimates):

Insurance: $3,348

Water: $914

Coned: $578

Projected and current rent:

Commercial if retail: $6,000 per month

Garage: $1,200 to $1,500 per month

2nd floor: $3,600 per month currently (2bed/1bath)

3rd floor: $3,342 per month currently ( 2beds/1baths)

Listing History

Now
12/21/2021
$3,495,000
Initial Price by Chester Yow
Nest Seekers International
2021

Building Details

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Bergen St
0.26 miles
Hoyt-Schermerhorn Sts
0.34 miles
Atlantic Av-Barclays Ctr
0.43 miles
Nevins St
0.46 miles
Hoyt St
0.48 miles

Contact Agents

Contact Agents

Chester Yow
Nest Seekers International
Olesia Goncharova
Nest Seekers International
Nevo Yemini
Nest Seekers International
View this property on the company's website

Boerum Hill | Brooklyn

Quick Profile

Boerum Hill is a tiny, quiet, primarily residential neighborhood in Brooklyn. There are broad tree-lined streets that are filled with elegant three and four-story brownstones and townhouses, mostly built between 1840 and 1870. There is a definite family vibe to the neighborhood, but young professionals are moving in, and with them are coming trendy bars to cater to their desire for some measure of nightlife, without having to linger in Manhattan. These new bars and restaurants are being sandwiched in amongst existing shops on both Atlantic Avenue and Smith Street, which are the main commercial areas in Boerum Hill. 

Boerum Hill offers a convenient location that is still able to maintain its small-neighborhood feel. Shopkeepers value their customers and remember their regulars. It continues to do what it was designed to do, namely provide small-town living in the very shadow of the big city. Boerum Hill is an easy commute to other parts of the city, making it easy to come home every day to the peace and tranquility of Boerum Hill while commuting to a job anywhere in the city.

The neighborhood is quite walkable and you can take the time to catch up with your neighbors while visiting on their stoops. Shopping on Atlantic Avenue is stress-free with no high pressure. You can meet with friends at any of the many coffee shops and while away pleasant hours in conversation. The dining scene on Smith Street is similarly laid-back. Don’t expect that there will be quite as much to see or do as there is in Manhattan, but there are a decent number of interesting bars and restaurants providing a measure of nightlife. The trade-off is worth it, as Boerum Hill provides a quiet, peaceful place to live and raise a family.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 82841TH