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This exceptional vacant mixed-use building presents a unique repositioning opportunity in the heart of Williamsburg, Brooklyn. Situated at 233 South 3rd Street, this four-story property boasts 5,518 square feet across four units, currently configured as two three-bedroom apartments, a floor-through office, and ground-floor retail space. The building sits on a 1,554 square foot lot, with the ground floor built out to the full lot line and upper floors measuring 1,322 square feet each. Built in 1910, the property benefits from a favorable tax assessment (under $11,000) due to its 2B tax class. An additional 2,100 square feet of air rights are available, offering significant potential for expansion. The property is zoned R6, C1-3, allowing for a variety of uses. Its prime location offers easy access to multiple subway lines (G, L, J, M, Z), the BQE, and the ferry, providing convenient commutes to Manhattan, Queens, and the rest of Brooklyn. The surrounding area is vibrant, with numerous restaurants, shops, and recreational facilities nearby, including Domino Park, McCarren Park, and VITAL Climbing Gym. This is a rare chance to acquire a free-market asset in one of Brooklyn's most desirable neighborhoods. The building's vacant status allows for complete customization and renovation to suit the buyer's vision.
Highlights
Vacant building available for immediate occupancy.
Excellent opportunity in a strong free market.
Four-unit mixed-use building.
5,518 square feet total building area.
Prime Williamsburg location.
Property Details
for 233 3Rd St
Property type
Multifamily properties, Other mixed-use properties
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