FOR SALE
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Description
Marcus & Millichap is pleased to exclusively bring to market 84 1st Place in the Carroll Gardens neighborhood of Brooklyn, NY. 84 1st Place is for sale for the 1st time in over 50 years and has been meticulously maintained for their entire ownership. Located on 1st Place between Court and Clinton Street, the Property presents an extremely rare opportunity to purchase a fully vacant 5 family building on one of the best blocks in all of Brooklyn.
The Property is built 18' x 71' on all five floors plus additional SF in the usable basement and is situated on a 18' x 100' lot zoned R6A. 84 1st Place presents investors and owner-users alike the opportunity to create a massive single family townhome, live plus income, and/or convert the property into luxury condominiums.
In an area where demand continues to surge and pricing continuing to move past many of the elite Manhattan neighborhoods, 84 1st Place provides a blank canvas to create the ideal home(s). Condominiums and townhomes in the area have consistently surpassed $1,800 PSF in the immediate area with residential rentals achieving $85 PSF or better. The “Place†blocks have proven to be the most coveted blocks to live on in the neighborhood especially given the beautiful brownstone lined streets along with extremely rare feature of not only having a rear yard, but also containing a sizeable front yard. Ideally situated 1 block from the F&G train entrance and a 5 minute walk from internationally acclaimed eateries like Lucali & F&F Pizzeria.
With an asking price at $929 PSF, the Property presents a low price basis allowing an investor to generate substantial profits in a potential condominium or single family conversion. A true trophy asset with a stunning limestone façade, 84 1st Place will not stay on the market long.
Please reach out to Michael Salvatico to schedule a tour and/or to discuss further. Agents and co-broking are welcome.
Highlights:
Vacant 5 Family Limestone Building in Carroll Gardens
Located on 1st Place between Clinton & Court Street
One of the Best Residential Blocks in all of Brooklyn
1st Sale in over 50 Years | Meticulously Maintained
Built 18' x 71' | 6,400 Gross SF Above Grade | Additional Usable SF in Basement
Large Front & Rear Yards providing owners/tenants coveted outdoor space
Condos in the Area consistently selling for north of $1,800 PSF
Luxury Rentals in the Area leasing for north of $85 PSF
1 Block from the F/G Train entrance on 2nd Place and Smith Street
Extremely Low Tax Bill | $12,841 Annually | Tax Class Protected (2A)
The Property is built 18' x 71' on all five floors plus additional SF in the usable basement and is situated on a 18' x 100' lot zoned R6A. 84 1st Place presents investors and owner-users alike the opportunity to create a massive single family townhome, live plus income, and/or convert the property into luxury condominiums.
In an area where demand continues to surge and pricing continuing to move past many of the elite Manhattan neighborhoods, 84 1st Place provides a blank canvas to create the ideal home(s). Condominiums and townhomes in the area have consistently surpassed $1,800 PSF in the immediate area with residential rentals achieving $85 PSF or better. The “Place†blocks have proven to be the most coveted blocks to live on in the neighborhood especially given the beautiful brownstone lined streets along with extremely rare feature of not only having a rear yard, but also containing a sizeable front yard. Ideally situated 1 block from the F&G train entrance and a 5 minute walk from internationally acclaimed eateries like Lucali & F&F Pizzeria.
With an asking price at $929 PSF, the Property presents a low price basis allowing an investor to generate substantial profits in a potential condominium or single family conversion. A true trophy asset with a stunning limestone façade, 84 1st Place will not stay on the market long.
Please reach out to Michael Salvatico to schedule a tour and/or to discuss further. Agents and co-broking are welcome.
Highlights:
Vacant 5 Family Limestone Building in Carroll Gardens
Located on 1st Place between Clinton & Court Street
One of the Best Residential Blocks in all of Brooklyn
1st Sale in over 50 Years | Meticulously Maintained
Built 18' x 71' | 6,400 Gross SF Above Grade | Additional Usable SF in Basement
Large Front & Rear Yards providing owners/tenants coveted outdoor space
Condos in the Area consistently selling for north of $1,800 PSF
Luxury Rentals in the Area leasing for north of $85 PSF
1 Block from the F/G Train entrance on 2nd Place and Smith Street
Extremely Low Tax Bill | $12,841 Annually | Tax Class Protected (2A)
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$768
Listed
103 days ago
Listing by: Marcus & Millichap Real Estate Investment Services Inc
Home Details for 84 1st Pl
Days on Market |
|---|
Days on Market: 103 Days on Trulia |
Property Information |
|---|
Year Built Year Built: 1910 |
Property Type / Style Property Type: Multi Family |
Price & Status |
|---|
Price Price Per Sqft: $768 |
Community |
|---|
Units in Building: 6 |
Price History for 84 1st Pl
| Date | Price | Event | Source |
|---|---|---|---|
| 04/10/2024 | $4,975,000 | PriceChange | StreetEasy |
| 02/15/2024 | $5,495,000 | PriceChange | StreetEasy |
| 01/16/2024 | $5,950,000 | Listed For Sale | StreetEasy |
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Listing by: Marcus & Millichap Real Estate Investment Services Inc- NEW - 13 HRS AGOFOR SALE BY OWNER
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Comparable Sales for 84 1st Pl
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Multi-Family Home | $4,950,000 | 02/26/24 | 8 | 4 | 5,500 | |
0.15 | Multi-Family Home | $2,600,000 | 12/26/23 | 7 | 4 | 3,440 | |
0.13 | Multi-Family Home | $2,660,000 | 06/28/23 | 5 | 2 | 3,040 | |
0.21 | Multi-Family Home | $2,750,000 | 11/28/23 | 6 | 3 | 3,180 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Carroll Gardens
- Jen.gordon19
- Resident
- 2mo ago
"Not many parks but lovely streets to walk your dog and many dog friendly businesses. You see people out walking their dog at all hours."
- Trulia User
- Resident
- 5mo ago
"Not unique anymore; overcrowded. Smoke shops with stink marijuana and suspicious people walking around. Neighborhood destroyed by real estate developers and month to month furnished rentals. "
- Trulia User
- Resident
- 1y ago
"I live nearby in Carroll gardens. Red hook is less picturesque. Sunny’s is a great bar in red hook. "
- Trulia User
- Visitor
- 1y ago
"Really quiet nice neighborhood Safe and friendly Everything’s well maintained A lot of kids and dogs"
- Trulia User
- Resident
- 2y ago
"Block parties, neighborhood butchers and specialty shops are all around. A mix of old school neighborhood with new school restaurants and luxury "
- Trulia User
- Visitor
- 2y ago
"It’s lovely. Everyone loves Greenwood. It’s not super popular for no reason. It’s not too hipster. Not completely gentrified. "
- Trulia User
- Visitor
- 2y ago
"Unique and charming. Old school vibe. Not overly gentrified. Great food and cute shops. Feels like old New York. "
- Ian S.
- Resident
- 3y ago
"Beautiful (if expensive) neighborhood. Crime is low apart from stolen packages. Parking is a bit of a frenzy. Lots of kids."
- Sayegh.nicole
- Resident
- 3y ago
"Lots of families, super safe, super vibrant community living. Original community Italian, then came the French (many dual language schools) and now its a more mixed neighborhood that’s a bit pricey but schools and safety worth it. "
- Kareem.brown73
- Resident
- 3y ago
"I’ve lived in the neighborhood for 10yrs. Great family neighborhood. Safe, easy commute into Manhattan, and plenty of amenities close by. "
- Scott M. T.
- Resident
- 3y ago
"It’s a short ride into Manhattan without all the hassle of living there. The neighborhood has grown quite a bit in the past 15yrs but retained most of the Carroll Gardens charm."
- Fred S.
- Resident
- 3y ago
"Dogs everywhere. Beautiful place to walk with tree lined streets and happy people. Kids dogs families. Very safe and relaxing "
- Madison C.
- Resident
- 3y ago
"Easy close to F and G train and buses. Street parking relatively easy alternate sides only 1 day a week. "
- Carolyn S.
- Resident
- 3y ago
"Great restaurants, farmers market every Sunday, Bastille Day parties, friendly shop owners. Fourth of July by the BKLYN Bridge Park, Prospect Park Celebrate BKLYN Concerts. "
- Madison C.
- Resident
- 3y ago
"I live close to public transit and use MTA for work. It’s great for commuting to new york city and if you want to street park a car. "
- Sarahhhand
- Resident
- 4y ago
"I have lived here 19 years. The education options, food options and park access is great. I will stay here as long as I can."
- Sarahhhand
- Resident
- 4y ago
"I have lived here for 17 years. It has changed a lot but still maintains a friendly Perspective. Great new businesses are always opening. "
- Greg F.
- Resident
- 4y ago
"Many dogs out for walks at all times of day, no dedicated dog park which is unfortunate, lots of dog friendly establishments"
- Nicholecallahan
- Resident
- 4y ago
"Accessible and fairly quick to downtown neighborhoods. Would not recommend for people commuting to the Upper East Side. "
- Jonathanleebass
- Resident
- 4y ago
"There is a nearby Dog Park at JJ Burns but otherwise little in the way of green space. It is still a very industrial feeling area. "
- Shinpei.tsay
- Resident
- 4y ago
"Wonderful to commute by bike or walking with many street trees and beautiful buildings. 2 subway lines in less than 1/2 mile and multiple within a mile. "
- ARTS
- Resident
- 4y ago
"It’s a mix of the old and the new; my street feels like a community and I know my neighbors are looking out for me."
- ARTS
- Resident
- 4y ago
"The community is great; the annual block party is a good time. My daughter can play outside with our neighbors."
- MARIKA L.
- Resident
- 4y ago
"Great restaurants, great bars, great parks, and great schools. Generally safe and friendly! Housing is outrageous but you pay for what you get!"
- Anthony R.
- Resident
- 4y ago
"Easy, when the F train isn’t too crowded. Easy walk down Smith street with access to lower NYC in just 4 stops. "
- Tamara F.
- Resident
- 4y ago
"Fantastic neighborhood to live in: great restaurants, a park, lots of coffee shops. Too bad rent is so high here. "
- Paul
- Resident
- 5y ago
"Easy access to F train for Manhattan and the G train for Greenpoint and Queens. Trains run every few minutes and are reliable"
- Anthony R.
- Resident
- 5y ago
"Great parks all very walkable. Excellent mix of families and young folk with great restaurants and character, diversity and grit. "
- Anthony R.
- Resident
- 5y ago
"Events at Carroll Park, local businesses hosting functions and a Halloween. Lots of great things for neighborhood kids. "
- Markhealy22
- Resident
- 5y ago
"Good community of dog walkers and nice neighbors, lots of dogs and dog lovers. But there aren’t a ton of dog runs."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Michael Salvatico - Licensed Associate Real Estate Broker, Marcus & Millichap Real Estate Investment Services Inc
84 1st Pl, Brooklyn, NY 11231 is a 15 bedroom, 6,480 sqft multi-family built in 1910. 84 1st Pl is located in Carroll Gardens, Brooklyn. This property is currently available for sale and was listed by StreetEasy on Jan 16, 2024.