Madison Estates has been hired on an exclusive basis to represent a mixed - use building on Court Street in Carroll Gardens. 480 Court Street is a very unique property offering 2 large apartments and a large commercial space. The gross square footage is approximately 4,700 on 3 stories plus a full cellar. Court Street is one of the strongest retail corridors in the city with rents ranging from $80PSF to north of $200PSF. The residential market is equally strong with many rental apartments breaching $60PSF and condo prices averaging at $1200PSF. 480 Court Street offers many possibilities as a rental project, condo conversion or an amazing live/work opportunity for an end user. The property is within walking distance from many larger retailers and surrounded by boutique shopping and upscale restaurants as well as mass transportation (F&G trains or 2,3,4,5, M&R trains at Borough Hall).
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