$3,350,000
Updated 11 years ago
Off Market

401 State Street

Boerum Hill, Brooklyn | Bond Street & Nevins Street

18,000 Square FeetDevelopment Site

$3,350,000
floors3
Lot Size50'x118'
Built Size50'x118'
ZoneR6B
Building TypeLow-Rise
Price Per SF
$186

Building Amenities

  • Voice Intercom

Property Description for 401 State Street

401 State Street is located in the Boerum Hill neighborhood of Brooklyn on the north side of State Street between Bond and Nevins Streets. The subject property presents the ideal opportunity for a user to operate approximately 18,000 gross square feet. The building is currently configured as office space as it was previously used for meetings and counseling sessions for patients enrolled in the Daytop Rehabilitation Program. The property is being marketed as part of a bankruptcy sale. The organization would also consider structuring a sale/leaseback option with the potential purchasers.

In addition, the subject is located in a R6B zone which presents the opportunity for a development/conversion to residential apartments in the heart of Boerum Hill

The building is conveniently located four blocks from the new Barclays Center and Atlantic Terminal, providing access to the B,Q,2,3,4,5 subway lines and the LIRR. Additionally, the subject property is one block from the A,C, and G subway lines at the Hoyt- Schermerhorn station. For more information or for a full marketing brochure, please contact one of the agents listed below.

Listing History for 401 State Street

Now
12/17/2012
POM by Robert Knakal
Cushman & Wakefield
09/18/2012
$3,350,000
Initial Price by Robert Knakal
Cushman & Wakefield

Building Details for 401 State Street

OwnershipDevelopment Site
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1925
Floors3
Learn More About the Building

Transit and Citi Bike

Subway

Hoyt-Schermerhorn Sts
0.14 miles
Nevins St
0.15 miles
DeKalb Av
0.25 miles
Hoyt St
0.26 miles
Atlantic Av-Barclays Ctr
0.33 miles

Railroad

Atlantic TerminalLong Island Rail Road
0.46 miles

Citi Bike

Nevins St & Schermerhorn St
0.07 miles
Pacific St & Nevins St
0.12 miles

Contact Agents

Contact Agents

Robert Knakal
Cushman & Wakefield
Stephen Palmese
Cushman & Wakefield
Winfield Clifford
Cushman & Wakefield

Boerum Hill | Brooklyn

Quick Profile

Boerum Hill is a tiny, quiet, primarily residential neighborhood in Brooklyn. There are broad tree-lined streets that are filled with elegant three and four-story brownstones and townhouses, mostly built between 1840 and 1870. There is a definite family vibe to the neighborhood, but young professionals are moving in, and with them are coming trendy bars to cater to their desire for some measure of nightlife, without having to linger in Manhattan. These new bars and restaurants are being sandwiched in amongst existing shops on both Atlantic Avenue and Smith Street, which are the main commercial areas in Boerum Hill. 

Boerum Hill offers a convenient location that is still able to maintain its small-neighborhood feel. Shopkeepers value their customers and remember their regulars. It continues to do what it was designed to do, namely provide small-town living in the very shadow of the big city. Boerum Hill is an easy commute to other parts of the city, making it easy to come home every day to the peace and tranquility of Boerum Hill while commuting to a job anywhere in the city.

The neighborhood is quite walkable and you can take the time to catch up with your neighbors while visiting on their stoops. Shopping on Atlantic Avenue is stress-free with no high pressure. You can meet with friends at any of the many coffee shops and while away pleasant hours in conversation. The dining scene on Smith Street is similarly laid-back. Don’t expect that there will be quite as much to see or do as there is in Manhattan, but there are a decent number of interesting bars and restaurants providing a measure of nightlife. The trade-off is worth it, as Boerum Hill provides a quiet, peaceful place to live and raise a family.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 45245TH