Welcome to 512 Court Street, a rare mixed-use opportunity in the heart of Carroll Gardens, Brooklyn. This 3-story brick building features a ground-floor commercial space plus two spacious 3-bedroom residential apartments above, offering excellent income potential for investors or end-users alike. Each unit has separate utilities, and the commercial tenant currently pays approximately half of the annual real estate taxes, as well as half of the water and sewer expenses. Built in 1931, the property measures approximately 20 ft x 50 ft and offers around 3,000 sq ft of interior space, plus an unfinished basement. Situated on a 20 x 80 lot with R6A zoning, this property offers tremendous long-term upside in one of Brooklyn’s most desirable neighborhoods. The commercial space benefits from strong visibility and foot traffic along vibrant Court Street, surrounded by popular restaurants, cafés, boutiques, shopping, and neighborhood amenities. Conveniently located near transportation, dining, and everyday conveniences, 512 Court Street is a turnkey mixed-use asset with endless potential. All interested purchasers are encouraged to conduct their own due diligence regarding building measurements, zoning, and property information. A phenomenal investment opportunity in prime Carroll Gardens — this is a must-see property that will not last!
For sale
Price cut: $50K (8/17)
$2,850,000
512 Court St, Brooklyn, NY 11231
--beds
0baths
3,000sqft
Mixed Use
Built in 1931
1,600 Square Feet Lot
$2,742,000 Zestimate®
$950/sqft
$-- HOA
What's special
Unfinished basement
- 117 days
- 333
- 4
Zillow last checked:
Listing updated:
Listed by:
Ben Bay Realty Co 718-680-6442,
Nicholas Venturini 347-543-2741
Source: BNYMLS,MLS#: 501798
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Natural Gas, Steam/Radiator
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood
- Basement: Cellar
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Parking features: None
Features
- Stories: 3
Lot
- Size: 1,600 Square Feet
- Dimensions: 20x80
- Features: Back Yard
Details
- Foundation area: 1000
- Parcel number: 003790031
- Zoning: R6A
- Special conditions: Arm's Length
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Brick, Block
- Foundation: Block
- Roof: Flat
Condition
- Year built: 1931
Utilities & green energy
- Electric: 200 Amp
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $950/sqft
- Tax assessed value: $2,447,000
- Annual tax amount: $6,727
- Date on market: 5/28/2026
- Cumulative days on market: 118 days
Estimated market value
$2,742,000
$2.60M - $2.88M
$8,491/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Price change | $2,850,000-1.7%$950/sqft |
Source: | ||
| 7/10/2026 | Price change | $2,900,000-3.3%$967/sqft |
Source: | ||
| 5/28/2026 | Listed for sale | $3,000,000$1,000/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,811 +0.6% | $146,820 -0.9% |
| 2024 | $6,771 | $148,080 +1.7% |
| 2023 | -- | $145,620 +2.9% |
| 2022 | -- | $141,480 +5.6% |
| 2021 | -- | $133,980 +26.9% |
| 2020 | $6,054 +1.8% | $105,600 +15% |
| 2019 | $5,946 +24.8% | $91,800 +285.1% |
| 2015 | $4,765 +102.6% | $23,835 +0.6% |
| 2014 | $2,352 | $23,685 |
Find assessor info on the county website






