$7,270,034*
●
Commercial -
Off Market
102 Commerce Street
Brooklyn, NY 11231
Studio
14 Baths,
7
Half Baths
10500 Sqft
$4,455,000 - $5,445,000
Reference Base Price*
46.87%
Since Apr 1, 2019
NY-New York
Primary Model
About This Property
PRICE REDUCED TO $4,950,000. Commercial property zoned M2-1 located
in Red Hook, Brooklyn. TOTAL ALLOWABLE: 10,500 square feet. AS
BUILT: 8,800 square feet.The current net operating income (NOI) is
$224k. With additional space added on, NOI is projected to increase
to $275k. Building can be delivered vacant.Just one block off Van
Brunt Street and only two blocks from the entrance to the Brooklyn
Battery Tunnel, the building presently enjoys a strong location.
The recent redevelopment of the New York Dock Building on Imlay
Street into residential condominium space provides a clearer vision
of the area's future and the unlimited potential that will be
realized as the area continues its transformation.
The manager has listed the unit size as 10500 square feet.
The manager has listed the unit size as 10500 square feet.
Unit Size
10,500Ft²
Days on Market
-
Land Size
-
Price per sqft
$471
Property Type
Commercial
Property Taxes
$3,107
HOA Dues
-
Year Built
1922
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 5, 2020 | Sold to 102 Commerce Street Brk Llc | $3,800,000 | |
| Sold to 102 Commerce Street Brk Llc | |||
| Mar 25, 2019 | No longer available | - | |
| No longer available | |||
| Jan 27, 2019 | Price Decreased |
$4,950,000
↓ $800K
(13.9%)
|
|
| Price Decreased | |||
| Jan 11, 2019 | Price Decreased |
$5,750,000
↓ $750K
(11.5%)
|
|
| Price Decreased | |||
| Dec 1, 2018 | Price Decreased |
$6,500,000
↓ $2M
(18.8%)
|
|
| Price Decreased | |||
Show More
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
Stu
4
Baths
4,500 ft²
$889/ft²
$4,000,000
Oct 12, 2015
$4,000,000
Mar 15, 2016
-
Townhouse
Stu
-
-
$5,200,000
Jul 8, 2020
$5,200,000
Aug 16, 2021
-
Sold
Townhouse
8
Beds
4
Baths
5,400 ft²
$917/ft²
$4,950,000
Oct 20, 2023
$4,950,000
Feb 17, 2024
$1,050/mo
House
4
Beds
5
Baths
3,557 ft²
$1,123/ft²
$3,995,000
Dec 1, 2022
$3,995,000
Sep 6, 2023
-
Active
Townhouse
8
Beds
5
Baths
4,400 ft²
$1,114/ft²
$4,900,000
Feb 16, 2024
-
$893/mo
In Contract
Townhouse
6
Beds
4
Baths
3,960 ft²
$1,009/ft²
$3,995,000
Sep 6, 2023
-
$1,012/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
08/20/2018
|
|
Studio
|
14 Bath
|
10500 ft²
|
$7,999,988
Studio
14 Bath
10500 ft²
|
-
-
|
-
|
John Kemp
Keller Williams Realty Empire
|
Building Info
