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512 Court St, Brooklyn, NY, 11231

--beds
0baths
3,000sqft
$2,900,000
$967price/sqft
$16,986/moest. monthly cost
$679,440/yrincome needed

About This Home

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!

Getting Around

93
WalkingWalker's Paradise
0
TransitVery Limited Transit
91
BikeBiker's Paradise

Schools

Construction

Condition

  • Year built: 1931

Materials

  • Foundation: Block
  • Roof: Flat
  • Construction materials: Brick,Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Cellar

Features

  • Flooring: Hardwood

Heating

  • Heating features: Natural Gas,Steam/Radiator

Interior Area

  • Total structure area: 3,000
  • Total interior livable area: 3,000 sqft

Property

Details

  • Parcel number: 003790031
  • Attached to another structure: Yes
  • Zoning: R6A
  • Special condition: Arm's Length
  • Foundation area: 1000

Features

  • Stories: 3

Lot

  • Lot size: 1,600 sqft
  • Features: Back Yard
  • Lot size dimensions: 20x80

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $14,663$175,956
Home Insurance *$475$5,700
Property Taxes $1,353$16,236
Electricity $495$5,949
Total$16,986$203,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$582,377/yr
40% on housing$509,580/yr
45% on housing$452,960/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$967This listing

vs Other Active Listings

Avg $/sqft

ZIP 11231$1,277
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11231$1,605
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-17Price change$2,850,000
2026-07-10Price change$2,900,000
2026-05-28Listed for sale$3,000,000

For Sale by Agent

AgentNicholas Venturini
BrokerageBen Bay Realty Co

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