163 Carlton stands as a distinguished 4-story, 38,000 sqft residential loft building, boasting 19 expansive lofts ranging from 1,239-2,934 SQ FT! Situated in the heart of Fort Greene, Brooklyn, this unique trophy property was once the historic W.W. Debevoise Candy Factory, transformed into residential lofts in 1998. These sophisticated lofts are spacious, unique and highly sought with little to no vacancy. They showcase original features like exposed brick, beams, large windows, high ceilings, and hardwood floors, meticulously preserved over time. Additionally, they have been enhanced with modern upgrades including new kitchens, bathrooms, recessed lighting, and in some cases, Split AC units. There is tremendous upside to the rent roll and add value possibilities. The building offers a passenger elevator, virtual intercom system, garbage chutes, and communal laundry room (with some units equipped with in-unit washer dryer). The roof has potential to be finished as a recreational space and the building presents opportunity for future development as a condominium conversion or potentially converting some units into two due to their large size. With its prime location near Fort Greene Park and convenient access to major train lines, 163 Carlton offers a coveted lifestyle in one of Brooklyn's most desirable neighborhoods. *8 of the 19 units are stabilized due to an expired J-51 tax abatement. These units are stabilized only to the tenant on record and will become free market once these tenants move out. For further details regarding this remarkable property, feel free to reach out to me.