Buy with Yoreevo
$3,736,667
List Price: $3,800,000
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183 Concord Street
House in Downtown Brooklyn •  building info
studio • 3.5ba • 4,981ft² $763 per ft²
Buy with Yoreevo

$3,736,667

List Price

$3,800,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
36
Last price change
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Estimated payment
$24,551
Taxes
Monthly maintenance
N/A
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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History
What it'll cost
Purchase price
$3,800,000
Asking Price: $3,800,000
Term
30 Years
Down Payment
$380,000 (10%)
Min: 10% (380,000)
Rate
6.5 %
Mortgage Amount
$3,420,000
Mortgage Payment
$21,617
Taxes
$2,934
Estimated Yoreevo rebate
$63,333
Estimated closing cost
$145,000
Total monthly cost $24,551
Buy your dream home with us and get an estimated
$63,333 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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