by RH Advisors

See Home Value
$2,650,000
Multifamily - Off Market

1222 Carroll Street

Brooklyn, NY 11225
bedrooms
7 Beds
bathrooms
6 Baths
square feet
4380 Sqft
$14,398
Estimated Monthly
$0
HOA / Fees
14.77%
Cap Rate

About This Property

OPEN HOUSES ARE BY APPOINTMENT ONLY!

1222 Carroll Street in Crown Heights is a beautifully renovated four-family property, combining modern elegance with classic charm. This income-generating gem, offering two-car parking, will be delivered vacant and boasts an impressive annual projected rent roll of approximately $180,000, yielding a nearly 6% CAP rate. Additionally, with 3,450 SF of unused FAR (per Property Shark), it presents a significant opportunity for expansion (please confirm with your architect). This property is not just a home, but an investment in one of Brooklyn's most vibrant neighborhoods.

KEY FEATURES:

-Building Size: 20' x 55'

-Lot Size: 25' x 127.75'

-Two-car parking with shared driveway access.

-Delivered vacant.

-Original hardwood floors with decorative inlay, mirrors, and fireplaces complement modern updates.

-Split system central heat and AC throughout for year-round comfort.

-Vented washer-dryers in each unit.

-Stunning open kitchens feature Quartz countertops, vented hoods, garbage disposals, and premium stainless steel appliances by Bertazonni, Bosch, and Fisher & Paykel.

-Elegant bathrooms exude spa-like ambiance with Toto and Kohler fixtures; select units feature Zuma soaking tubs and all have pebble-floored tempered glass-enclosed showers.

-A gorgeous steel staircase leading up to the roof presents an excellent opportunity to easily create a stunning common roof deck.

-A stone's throw from Prospect Park, Brooklyn Botanical Garden, and the iconic Brooklyn Museum, this location offers the perfect blend of culture and tranquility. The area is bustling with a diverse array of dining options (including Franklin Avenue's vibrant restaurant scene), chic cocktail bars, and cozy coffee houses, ensuring a rich and varied lifestyle.

-Commuters will delight in the exceptional convenience of the 2, 3, 4, and 5 express trains all within a few minutes walk.

DETAILED UNIT DESCRIPTIONS:

UNIT 1: A two-bedroom, two-bathroom sanctuary featuring a sunlit living room with a south-facing floor-to-ceiling picture window that opens onto a private patio. Dual access from private entrances in the front and directly from the parking area is a convenient feature. The master suite includes a large bedroom with bay windows and an en suite bathroom. An electric outdoor lift in the parking area makes this home ADA accessible.

UNIT 2: The parlor floor residence offers two bedrooms and two baths, with an elegant and spacious entry foyer complete with a coat closet. The living room, with beamed ceilings and an original decorative fireplace, is stunning, bright, and has a separate entrance to the parking area for convenience. The open kitchen, complete with a walnut breakfast bar, separates the living and dining areas. The luxurious front primary bedroom includes an en suite bathroom and bay windows, while the second bedroom is spacious and has an additional entry to the guest hallway bathroom with double sinks. High, nearly 10' ceilings are throughout.

UNIT 3: A cozy two-bedroom, one-bath retreat with lofty 10' ceilings, creating an expansive feel. The kitchen is functional and stylish and is equipped with a walnut breakfast bar. The second bedroom, ideal as a nursery or home office, features window French sliding doors. The generous primary bedroom offers ample space and natural light.

UNIT 4: Luxury is defined in a generously sized one-bedroom format. Large south-facing windows flood the living space with light. The open windowed kitchen overlooks an expansive living area with soaring beamed 10' ceilings, wainscoting, and an original decorative fireplace. The grand living room is complemented by a formal entry foyer with an oversized mirror and several closets. This home features a small terrace.
Unit Size
4,380Ft²
Days on Market
65 days
Land Size
-
Price per sqft
$605
Property Type
Multifamily
Property Taxes
$1,386
HOA Dues
-
Year Built
1901
Last updated: 7 days ago (RLS #COMP-1494296192444598065)

Price History

Date / Event Date Event Price
Mar 27, 2024 Sold $2,650,000
Sold
Feb 14, 2024 In contract -
In contract
Dec 22, 2023 Listed by Compass $2,650,000
Listed by Compass
May 15, 2014 Sold to David Stewart $1,400,000
Sold to David Stewart
Feb 6, 2014 Sold to 1222 Carroll Street Llc $985,000
Sold to 1222 Carroll Street Llc

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1901
  • Building Count: 2
  • Floor Count: 2
  • Total Unit Count: 4
  • Residential Unit Count: 4
  • Basement Type: 0

    Dimensions

  • Lot Area Sqft: 3,194
  • Lot Size Depth Feet: 128
  • Lot Size Frontage Feet: 25
  • Building Depth: 55
  • Building Frontage: 20
  • Gross Building Area: 4,305

    Building Floor Area

  • Residential Building Floor Area: 4,305

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: C3
  • Lot Type: 5
  • Land Use: 02
  • Irregular Lot Code: N
  • Proximity Code: 2

Neighborhood

  • Community District: 309
  • City Council District: 35
  • Police Precinct: 71
  • Fire Company: L132
  • Health Area: 4800
  • Sanitation District Borough: 3
  • Sanitation Subsection: 1A
  • School District: 17

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1290
  • Lot: 27
  • Borough Block Lot: 3012900027

    Address

  • Full Address: 1222 Carroll Street
  • Zip Code: 11225

Valuation

    Assessments Valuation

  • Assessed Total Value: $348,300
  • Assessed Land Value: $72,000

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
6 Beds
5 Baths
4,014 ft²
$675/ft²
$2,708,000 Sep 16, 2022
$2,708,000 Feb 17, 2023
-
Townhouse
6 Beds
4 Baths
3,725 ft²
$591/ft²
$2,200,000 Mar 31, 2022
$2,200,000 Aug 5, 2022
-
Townhouse
6 Beds
4 Baths
3,510 ft²
$654/ft²
$2,295,000 Mar 25, 2020
$2,295,000 Dec 18, 2020
-
Multifamily
6 Beds
4 Baths
3,410 ft²
$792/ft²
$2,701,000 Apr 18, 2023
$2,701,000 Jul 10, 2023
-
Townhouse
6 Beds
3 Baths
3,150 ft²
$683/ft²
$2,150,000 Apr 18, 2021
$2,150,000 Jun 1, 2021
-
Townhouse
6 Beds
5 Baths
2,812 ft²
$859/ft²
$2,415,000 Feb 26, 2021
$2,415,000 May 13, 2021
-
Multifamily
7 Beds
6 Baths
3,000 ft²
$850/ft²
$2,550,000 Mar 15, 2024
-
$716/mo
Townhouse
6 Beds
3 Baths
3,984 ft²
$596/ft²
$2,375,000 Jan 5, 2024
-
$756/mo
Townhouse
6 Beds
4 Baths
3,294 ft²
$713/ft²
$2,350,000 Jan 1, 2024
-
$1,039/mo
Townhouse
5 Beds
4 Baths
4,100 ft²
$646/ft²
$2,650,000 Jan 3, 2024
-
$554/mo
Townhouse
4 Beds
4 Baths
3,905 ft²
$679/ft²
$2,650,000 May 11, 2023
-
$499/mo
Townhouse
9 Beds
5 Baths
3,505 ft²
$713/ft²
$2,500,000 Jan 18, 2024
-
$355/mo

About Central Brooklyn


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Nearby Rentals



Frequently Asked Questions

When was property at 1222 Carroll Street built and last sold?
The property at 1222 Carroll Street was built in 1901 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1222 Carroll Street is $2,676,500.
What are some comparable homes to 1222 Carroll Street?
Homes that are comparable to 1222 Carroll Street include a multifamily property at 1074 Nostrand Avenue, a townhouse property at 51 Rutland Road, 259 New York Avenue.

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