Hiram Borrero
Revived Residential
(888) 613-3019
34 Total Sales
2 in Cobble Hill
$380K - $1.7M Price Range
216 Smith St Brooklyn, NY 11201
Cobble Hill NeighborhoodEstimated Value: $2,823,750
Studio
--
Baths
3,300
Sq Ft
$856/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 3-minute walk to Bergen Street (F,G Line)
- 2-minute walk to Boerum Playground
- P.S. 29 John M. Harrigan Rated A
- Heating System Uses Steam
About This Home
As of May 2025I am proud to present a remarkable mixed-use property in the highly sought-after Cobble Hill area, one of Brooklyn's most desirable neighborhoods! This special property features two spacious 2-3 bedroom apartments above a retail store.
Ground Floor Commercial Space: Currently occupied by the popular Italian restaurant, Verde, which offers approximately 1,350 square feet of prime commercial space. The lease for the restaurant has ended, but the tenant is eager to stay and sign a new lease at around $11,000 per month. Alternatively, the space can be delivered vacant, providing a fantastic opportunity for a new venture. Whether you envision a trendy cafe, boutique shop, or modern office, this space is full of potential in a highly coveted location. Additionally, there’s a basement available for extra storage.
Upper Floors Living: Each of the two apartments is generously sized, with 2-3 bedrooms, a bathroom, a large living room, and a well-equipped kitchen. Both apartments are currently vacant, with the potential to lease for approximately $5,000 per month each, offering an exciting opportunity for rental income.
Investment Potential: The building is equipped with three electric meters and three gas meters, ideal for accommodating multiple tenants and businesses. The property measures 20 x 55 feet on a lot of 20 x 80 feet, with an annual property tax of $11,091.
Whether you're an entrepreneur looking for a prime commercial space or an investor aiming to capitalize on Cobble Hill's thriving market, this property offers unparalleled potential. With the option for vacant delivery and attractive leasing opportunities, it promises both immediate returns and long-term growth potential. Seize the opportunity to invest in one of Brooklyn's most vibrant areas!
Call today!!!
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Property Details
Property Type
- Other
Est. Annual Taxes
- $11,091
Lot Details
- 1,600 Sq Ft Lot
- Lot Dimensions are 80 x 20
Home Design
- Mixed Use
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 3,300 Sq Ft Home
- Wood Flooring
- Partial Basement
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 200+ Amp Service
- 110 Volts
- Gas Water Heater
Community Details
Overview
- 2 Units
Building Details
- Fuel Expense $2,500
- Insurance Expense $5,300
- Gross Income $188,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2024
Closed on
May 14, 2025
Sold by
Bernstein Family Trust and Roza Shtelmakher As Trustee
Bought by
Seller's Agent
Angela Staraya
RE/MAX Edge
Buyer's Agent
Angela Staraya
RE/MAX Edge
List Price
$3,397,998
Sold Price
$2,900,000
Premium/Discount to List
-$497,998
-14.66%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,250
Avg. Annual Appreciation
-1.97%
Purchase Details
Closed on
Jun 26, 2006
Sold by
Bernshteyn David and Bernshteyn Fira
Bought by
Bernstein Family Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cobble Hill, NY
-
Hiram Borrero
-
Dominique Jenkins
Dominique Jenkins
KW Hudson Valley United
(855) 693-2210
55 Total Sales
1 in Cobble Hill
$3,813,000 Price
-
Joanna Mayfield Marks
Joanna Mayfield Marks
Brown Harris Stevens Brooklyn LLC
(929) 552-6159
80 Total Sales
3 in Cobble Hill
$829K - $1.5M Price Range
-
Casey Mullin
Casey Mullin
Compass
(866) 502-4282
16 Total Sales
1 in Cobble Hill
$750,000 Price
-
Rachel Wood
Rachel Wood
Brown Harris Stevens Brooklyn LLC
(855) 617-5877
13 Total Sales
1 in Cobble Hill
$845,000 Price
-
Hillel Fried
Hillel Fried
Compass
(929) 930-4815
46 Total Sales
1 in Cobble Hill
$805,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,750,000 | -- | ||
| Bernstein Family Trust | -- | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/14/2025 05/14/25 | Sold | $2,900,000 | -12.1% | $879 / Sq Ft |
| 10/23/2024 10/23/24 | Price Changed | $3,300,000 | -2.9% | $1,000 / Sq Ft |
| 08/20/2024 08/20/24 | For Sale | $3,397,998 | -- | $1,030 / Sq Ft |
| 08/20/2024 08/20/24 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $11,859 | $257,880 | $21,180 | $236,700 |
| 2025 | $10,638 | $239,280 | $21,180 | $218,100 |
| 2024 | $10,638 | $223,800 | $21,180 | $202,620 |
| 2023 | $10,432 | $197,820 | $21,180 | $176,640 |
| 2022 | $9,938 | $155,280 | $21,180 | $134,100 |
| 2021 | $10,356 | $150,660 | $21,180 | $129,480 |
| 2020 | $8,200 | $124,080 | $21,180 | $102,900 |
| 2019 | $7,699 | $107,880 | $21,180 | $86,700 |
| 2018 | $7,120 | $38,162 | $6,369 | $31,793 |
| 2017 | $6,789 | $36,471 | $6,525 | $29,946 |
| 2016 | $6,670 | $36,471 | $7,831 | $28,640 |
| 2015 | $4,150 | $34,879 | $7,985 | $26,894 |
| 2014 | $4,150 | $33,296 | $9,147 | $24,149 |
Source: Public Records
Agents Affiliated with this Home
-
Angela Staraya
AS
Seller's Agent in 2025
Angela Staraya
RE/MAX
(917) 596-3339
1 in this area
170 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 485284
APN: 00402-0045
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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