SOLD FOR $3,325,000
· Sold at asking price · Closed October 19, 2026
$3,325,000
$1,076 per sq ft
97 Baltic Street
MLS® #RLS20087406
Listing by Compass
8
Bedrooms
4
Baths
3,090
Sq. Ft.
1995
Year Built
Sale Details
Property Summary
Description
Rare Value-Add Opportunity in Columbia Waterfront District Exceptional opportunity to acquire a well-maintained 3-unit multifamily building in the highly sought-after Columbia Waterfront District of Brooklyn. This three-story property with a full basement is fully occupied with tenants, offering immediate cash flow with flexibility for repositioning and unused FAR of 1,087. Investors will benefit from significant upside potential through rental increases and renovation, as well as additional buildable square footage via remaining FAR under R6B zoning. The property also includes two rear parking spaces—an increasingly valuable amenity in the neighborhood. The building can be delivered with tenants in place for immediate income or vacant for a full value-add strategy, making it ideal for both long-term investors and developers seeking growth potential in a prime Brooklyn location.
Property Details
Listing courtesy of Toni M Nicolo at Compass. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.