1 2nd Pl, Brooklyn, NY 11231

1 Second Place – Free-Market Mixed-Use with Carriage House | Carroll Gardens A one-of-one red-brick corner building on one of Carroll Gardens’ most coveted tree-lined Place blocks. It offers about 7,830 SF with four free-market residences, a hidden carriage house, and a blue-chip commercial tenant on a long-term lease. Brooklyn charm and real cash flow come in one rare package. The Home The building has two gracious 1,250 SF two-bedrooms (one with a home office) and a showstopping 2,400 SF top-floor three-bedroom penthouse with two private outdoor spaces and sweeping skyline views. Tucked behind it all is a private carriage house with its own terrace. Inside are warm hardwood floors, exposed brick, skylights, and sun-drenched rooms throughout. The Upside Freestanding homes almost never come up in Carroll Gardens. The carriage house currently rents as a studio, but it has two stories, a clean cellar with roughly 8-foot ceilings, and a private terrace. It’s a blank canvas for a one-of-a-kind single-family retreat. The Numbers All four residences are free market, with no rent stabilization. Current rents average $7,300/month, leaving meaningful room to grow toward an estimated $11,750 at market rates. The ground-floor commercial lease runs through 2036 with built-in annual increases plus tax and water reimbursements; the retail income alone more than covers the building’s operating expenses. Tax Class 2A status caps how quickly the building’s assessed value can rise, keeping taxes predictable. The Location The property is moments from the buzzing restaurants, cafés, and boutiques of Court and Smith Streets and the F/G trains at Carroll Street. Union Market, Trader Joe’s, and Whole Foods are close by. It is not landmarked, and zoning is R6B.