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New York Brooklyn 11231 Gowanus
425 Hoyt Street, #BLDG #BLDG
$13,837,872*
Commercial - Off Market

425 Hoyt Street, #BLDG #BLDG

Brooklyn, NY 11231
bedrooms
Studio
bathrooms
6 Baths, 6 Half Baths
square feet
19250 Sqft
$9,810,000 - $11,990,000
Reference Base Price*
26.95%
Since Mar 1, 2021
NY-New York
Primary Model

About This Property

At the crossroads of Carroll Gardens and Gowanus is 425 Hoyt Street, a 19,250 sf industrial warehouse with a 2,700 sf dry basement (not included in the overall square footage) that has been transformed for today's commercial needs.  Built in 1931 and recently renovated, this 3 story, corner brick building is the hot property in the area.  425 Hoyt Street is a stunning transformation that has been outfitted with all new mechanicals, oversized casement windows, and a large steel case passenger elevator.  There is a large loading dock on the Hoyt Street side with an overhead door, and a large drive in garage on 4th Street.  The building's new roof offers panoramic views of Brooklyn, the Gowanus Canal, and the large new Gowanus Park located a stone's throw from the Hoyt Street side of the property.  Poured concrete floors and a mixture of the buildings industrial past and new sleek renovations fuse the old and new seamlessly.  New oversized skylights flood the interior with light.  In addition to the expansive roof of the building there is a large second floor outdoor space framed by huge steel case windows.  A new large capacity passenger elevator connects all floors.   The property is an ideal fit for film and tv production, and is easily accessible by train and highway.  Smith Street is only 1 block away which has a great mix of all the types of business that make Brooklyn what it is today.  Because of its size, the building would work well for high end office space, film and tv production, a school, or a high end manufacturing operation with a retail component.   Shown by appointment. Broker's welcome.

The manager has listed the unit size as 19250 square feet.
Unit Size
19,250Ft²
Days on Market
-
Land Size
-
Price per sqft
$566
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1931

Price History

Date / Event Date Event Price
Feb 2, 2021 No longer available -
No longer available
Dec 2, 2020 Price Decreased $10,900,000
↓ $535K (4.7%)
Price Decreased
Nov 8, 2020 Relisted $11,435,000
Relisted
Nov 6, 2020 No longer available -
No longer available
Oct 24, 2020 Price Decreased $11,435,000
↓ $405K (3.4%)
Price Decreased
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Property Highlights

With View


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200918 Unit BLDG
09/18/2020
Loft
6 Bath
19250 ft²
$11,840,000
bedrooms
Loft
bathrooms
6 Bath
square feet
19250 ft²
-
-
-
Jason Larusso
Brick & Mortar LLC

Building Info

425 Hoyt Street 425 Hoyt Street, Brooklyn, NY 11231
  • 2 Units
More about this Building
425 Hoyt Street
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