486 Court Street

Carroll Gardens, Brooklyn | Luquer Street & 4th Place

4,875 Square FeetMixed Use

$5,745,000

floors / apts4 / 5

Lot Size25'x64'

Built Size25'x45'

ZoneR6A

Building TypeLow-Rise

RE Taxes$26,342

Price Per SF

$1,178

Property Description for 486 Court Street

*Full setup available upon request.* A well-positioned mixed-use asset located on one of the most established commercial corridors in Brooklyn, 486 Court Street combines stable income with long-term upside. The property benefits from a diversified residential and retail tenant mix, prime Court Street location, and protected Tax Class 2B, creating an investment profile centered on durable cash flow, neighborhood appeal, and appreciation. Current rents provide reliable income and can move closer to market levels upon vacancy, creating a measured value-add opportunity without significant repositioning. With limited capital required to increase NOI, the property offers immediate yield and embedded upside—an increasingly rare combination in prime Brownstone Brooklyn. All sizes and measurements are approximate. Some images may have been digitally enhanced or virtually staged for illustrative purposes. Actual property features, finishes, and conditions may differ.

Building Details for 486 Court Street

OwnershipMixed Use

Building TypeLow-Rise

AgePre-War

AccessWalk-up

Year Built1900

Floors/Apts4/5

Learn More About the Building

Carroll Gardens | Brooklyn

Quick Profile

Filled with charming churches, whose ringing bells punctuate the days, together with quirky boutiques, trendy bars, Italian bakeries, and restaurants featuring a wide variety of cuisines, with an emphasis on traditional Italian cuisine, Carroll Gardens maintains a sense of Old World charm. While most of the restaurants are small and family-owned, there are Michelin-rated restaurants for those special date nights. Abundant coffee shops and bakeries ensure you are never far from a tasty pastry and your next cup of joe.

Unlike many neighborhoods, Carroll Gardens has an impressive array of grocery stores, including the popular Court Street Grocers. While Carroll Park is the main green space, located in the heart of the neighborhood, there are other parks, such as the Brooklyn Bridge Park, Cadman Plaza Park, and Van Voorhees Playground, all within easy walking distance.

Court and Smith Streets are the main commercial areas, packed with bakeries, intimate bars, unique boutiques, and small mom-and-pop Italian cafes, many with sidewalk or patio seating. Court Street has most of the older businesses that have operated for generations in the same location. Smith Street has more trendy establishments.

If you are looking for a neighborhood that is quieter and less congested, Carroll Gardens might be a perfect fit. It is a great place to raise a family, with good schools and safe streets. It is the type of place where you will know the names of your neighbors and the owners of the shops and restaurants you frequent. It is a great walkable neighborhood for retirees, and an easy commute into the city for young professionals. The streets are shady and tree-lined, and many feature brownstones and townhouses that sport sizeable front gardens, adding to the natural charm of the neighborhood.

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: 108192TH