523 Henry Street presents significant opportunity for a value-add investor or converter in Carroll Gardens, one of Brooklyn's most sought-after and burgeoning residential neighborhoods. The property's current configuration includes 3 floor-through, two or three bedroom apartments above a ground-floor commercial unit. The property benefits from additional features including a private rear garden, approximately 1,800 square feet of available air rights, and a protected tax class status. The 20 foot wide brownstone features 3 free market, floor through, two bedroom apartments in one of the best pockets of Carroll Gardens where residential rents are some of the highest in Brooklyn Immense upside potential on the ground floor space which can be delivered vacant at closing allowing a new owner to occupy the space, re-tenant with a new retail tenant at a considerable rent increase, or convert the floor to residential Sitting on 20 foot by 100 foot lot and zoned R6A, additional 1,800 square feet can be added to the building Potential for the property to be converted from it’s current mixed use status to a single family townhouse or separate condo units where prices in Carroll Gardens are in the $2,000+ per square foot for brand new product