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Vacant Downtown Brooklyn Mixed-Use Building ,
  • Square Feet 5,358
  • Price/SF 886.52
  • Annual Tax Bill 32,768
$4,750,000
  • Status For Sale
  • Year Built 1900

About This Property

Marcus and Millichap is proud to present 234 Gold Street, a mixed-use building on the corner of Gold & Concord Street in Downtown Brooklyn. The building is comprised of 4 residential units, 1 large commercial space spanning the first floor and part of the cellar, and roughly 1,600 square feet of open rear space used for storage and parking. The 3rd and 4th floor apartments can be easily converted into three-bedroom apartments, with the 2nd floor configured as a one-bedroom apartment offering a large private roof-deck and a renovated studio apartment. Please refer to the certificate of occupancy on Page 10 for the property’s last designated use as of 2003.

The subject property was built in 1900 and measures 25 feet wide with a 14-foot-wide extension on the ground floor by 47 feet deep on a lot that extends 100 feet deep. The property is zoned R6B and has approximately 2,542 square feet of remaining air rights

Property Highlights

  • Downtown Brooklyn Corner Mixed-Use Building with Multiple Investment Scenarios
  • Immense Upside in Under-Market Apartments
  • Possible User, 5-Family Conversion, or Mixed-Use Investment Play with Corner
  • Commercial Space and Ample Parking
  • Owned by the Same Family for 42 Years
  • Large Commercial Space Spanning 1st Floor & Cellar with 1600 Square Feet of Rear
  • Lot Space for Parking or Storage

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