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Mixed-Use

182-188 Duffield Street

182 Duffield St, Brooklyn, NY 11201

Listing Price: Request For Offer

Lot Size
0.23 acres
Land Type
Land

Investment Overview

Marcus & Millichap presents the fee-simple interest in 182-188 Duffield Street, Brooklyn NY 11201. The Property is a 98.4’ x 100.0’ parcel steps from Borough Hall in Downtown Brooklyn. The site is the location of the historic and landmarked Johnson Street Houses, four contiguous two- and three-story buildings from the early nineteenth century. In 1990, the houses were relocated from Johnson Street to Duffield Street to accommodate the development of MetroTech Center. Thus, the buildings are historically significant, but the location is not. It is feasible that the Johnson Street Houses can be relocated again. This is a unique opportunity for a creative buyer who can choose to plan to relocate the historic houses, incorporate them into a new development or benefit from their standalone potential. The buyer could be acquiring a 98,650+ square foot development in the heart of Downtown Brooklyn. This is an opportunity to capitalize on a historically strong residential market (for both condominiums and rentals) just as pipeline inventory is expected to decline with the expiration of the 421a program in June 2022. The property is steps from Borough Hall, the MetroTech Center, numerous universities and hospitals, community staples such as Target and Trader Joes and 11 subway lines. Downtown Brooklyn is a premier New York City live-work-play neighborhood with every nearby amenity to make this an attractive residential or commercial location.

Investment Highlights

  • Mixed-Use Development Site in Prime Downtown Brooklyn near to Borough Hall
  • Site includes four contiguous buildings from the early 19th century
  • Close proximity to Manhattan and various modes of transportation

Exclusively Listed By

Mixed-Use

182-188 Duffield Street

Listing Price: Request For Offer

Lot Size
0.23 acres
Land Type
Land

Investment Highlights

  • Mixed-Use Development Site in Prime Downtown Brooklyn near to Borough Hall
  • Site includes four contiguous buildings from the early 19th century
  • Close proximity to Manhattan and various modes of transportation

Investment Overview

Marcus & Millichap presents the fee-simple interest in 182-188 Duffield Street, Brooklyn NY 11201. The Property is a 98.4’ x 100.0’ parcel steps from Borough Hall in Downtown Brooklyn. The site is the location of the historic and landmarked Johnson Street Houses, four contiguous two- and three-story buildings from the early nineteenth century. In 1990, the houses were relocated from Johnson Street to Duffield Street to accommodate the development of MetroTech Center. Thus, the buildings are historically significant, but the location is not. It is feasible that the Johnson Street Houses can be relocated again. This is a unique opportunity for a creative buyer who can choose to plan to relocate the historic houses, incorporate them into a new development or benefit from their standalone potential. The buyer could be acquiring a 98,650+ square foot development in the heart of Downtown Brooklyn. This is an opportunity to capitalize on a historically strong residential market (for both condominiums and rentals) just as pipeline inventory is expected to decline with the expiration of the 421a program in June 2022. The property is steps from Borough Hall, the MetroTech Center, numerous universities and hospitals, community staples such as Target and Trader Joes and 11 subway lines. Downtown Brooklyn is a premier New York City live-work-play neighborhood with every nearby amenity to make this an attractive residential or commercial location.

Exclusively Listed By

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