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183 Concord Street

$3,800,000 ($763 per ft2) | 6+ beds, 3.5 baths | Approx. 4,981 ft2
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49 days on Market

Key Details

  • Listed: Mar 19, 2024
    Days on Market: 49
    Building Type: Townhouse
    Neighborhood: Downtown Brooklyn (Brooklyn)
Monthly Real Estate Taxes: $2,934
Total Taxes & Fees: $2,934 ($0.59/ft2)
Est. Monthly Mortgage: $21,007
Total Est. Monthly Carrying Cost: $23,941 ($4.81/ft2)
Note: the above is based on a down payment of 20% ($760,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Property Size and Potential: This spacious property boasts approximately 4,981 square feet of space, with an additional 3,519 square feet of buildable space, offering potential for expansion and a variety of uses.
  • Versatile Use and Strategic Location: The property is suitable for high-end retail, corporate headquarters, mixed-use occupancy, art gallery and studio, foundation headquarters, private parking facilities, or institutional purposes. It is strategically located at the intersection of the dynamic Dumbo Design District, Vinegar Hill, the Brooklyn Navy Yard, and Fort Greene.
  • Historic Building with Unique Features: Originally constructed in 1874 as the residence of Ladder 103 of the Brooklyn Fire Company, the building features a versatile configuration, a sought-after curb cut, and original architectural details such as exposed brick and pressed tin ceilings.
  • Interior Layout: The ground floor includes a spacious warehouse with 13.5’ high ceilings, a private office, a half bathroom, an indoor loading dock, and an automatic garage door. The second floor consists of two well-lit and distinct loft spaces, one of which features a substantial skylight.
  • Nearby Attractions and Transportation: The property is in close proximity to notable attractions and has convenient access to the A/C/F/R/2/3/Q trains, the B57 bus, and the Brooklyn-Queens Expressway.
  • Ready for Immediate Use or Development: The property can be delivered vacant, ready for immediate use or development. It presents an excellent development/user opportunity with compelling development prospects under its current zoning designation of C4-3 with an R6-B overlay.

Description

FORMER FIREHOUSE FOR SALE - 25’ WIDE WITH CURB CUT IN DOWNTOWN BROOKLYN EXCELLENT DEVELOPMENT/USER OPPORTUNITY We have been exclusively retained to facilitate the sale of the property located at 183 Concord Street. Spanning a depth of 94’, the building offers a total area of approximately 4,981 square feet, with an additional 3,519 square feet of buildable space (subject to independent verification) as of right. This property, which can be delivered vacant, lends itself to various potential uses, including but not limited to high-end retail, a boutique corporate headquarters, mixed-use occupancy with income generation, an art gallery and studio, a foundation headquarters, private parking facilities, or institutional purposes.

It also offers compelling development prospects under its current zoning designation of C4-3 with an R6-B overlay, providing versatility and room for future expansion. Several new residential buildings within a few blocks offer growing foot traffic. Positioned at the intersection of the dynamic Dumbo Design District, Vinegar Hill, the Brooklyn Navy Yard, and Fort Greene, this 25’-wide live/work building enjoys a strategic location. Originally constructed in 1874 as the residence of Ladder 103 of the Brooklyn Fire Company, this historic building features a versatile configuration and a sought-after curb cut.

The ground floor houses a spacious warehouse with impressive 13.5’ high ceilings, a private office, a half bathroom, an indoor loading dock, and an automatic garage door. Additionally, there is a storage basement. The second floor consists of two well-lit and distinct loft spaces, currently utilized as office and creative workspaces. These lofts showcase original architectural details, including exposed brick and pressed tin ceilings.

Notably, one of the lofts boasts a substantial skylight that bathes the center of the space in natural light. Residents and businesses will appreciate the property’s proximity to notable attractions such as Fort Greene Park, the Brooklyn Heights Promenade, and lesser-known gems including the Concord Street Community Garden, McLaughlin Park and Golconda Playground and Skate Park, as well as Wegmans supermarket, DeKalb Market Hall and Trader Joes, all reachable within minutes. With a convenient curb cut, this adaptable live/work building presents endless possibilities. Convenient to the A/C/F/R/2/3/Q trains, the B57 bus, and the Brooklyn-Queens Expressway.

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Listing courtesy of Compass

Pricing History

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Area info for 183 Concord Street

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at Jay 0.22 miles
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at Cadman Plaza West and Cranberry 0.37 miles
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