Updated 4 years ago
Off Market
164 Dikeman Street
Red Hook, Brooklyn | Van Brunt Street & Conover Street
5,548 Square FeetIncome Property
$4,975,000
floors / apts4 / 8
Lot Size25'x100'
Built Size25'x55'
ZoneM2-1
Building TypeLow-Rise
RE Taxes$12,428
Price Per SF
$897
Building Amenities
- Voice Intercom
Property Description for 164 Dikeman Street
164 Dikeman Street is a 5,500 square foot, eight unit, four-story masonry building located between Conover Street and Ferris Street in prime Red Hook, Brooklyn. The building is 25 ft. x 55 ft. on a 25 ft. x 100 ft. lot, configured with two units per floor accessed by a center staircase. The building is also located in a Qualified Opportunity Zone. Five of the eight units are free market, and have been renovated featuring new finishes and appliances including stack washer and dryer. In addition to rent from the units the building generates income from rooftop Verizon Wireless equipment. New development activity surrounds the property with a 22 unit condominium project under construction at the corner of Dikeman and Conover, new construction townhouses, and large scale investment from UPS, Amazon, and others.
Listing History for 164 Dikeman Street
Now
10/02/2022
Expired by Kyle Egan
Douglas Elliman
04/06/2022
$4,975,000
Initial Price by Kyle Egan
Douglas Elliman
Building Details for 164 Dikeman Street
OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts4/8
Transit and Citi Bike
Citi Bike
Coffey St & Conover St
0.07 miles
Coffey St & Ferris St
0.1 miles
Ferry
Red Hook/Atlantic Basin
0.21 miles
Red Hook | Brooklyn
Quick Profile
Filled with quaint charm and picturesque views, Red Hook is a haven for those seeking a laid-back vibe. The community has weathered many storms both figurative and literal since its settlement in 1836 by Dutch colonists. From being one of the most bustling freight ports in the world in the 1920s to being named one of the worst neighborhoods in America for its crack epidemic in the 1990s, Red Hook has gone through many evolutions to become the dynamic neighborhood it is today.
Rich with creativity, the area is home to many artists specializing in an array of crafts, ranging from furniture design to glassblowing to woodworking. With many art galleries and moderately priced studios and lofts, the neighborhood is teeming with talent attracted by the energy and live/work space concept.
The overall sense of being among a close-knit community is further spurred on by annual events such as the Red Hook Waterfront Arts Festival, as well as a reading series co-hosted by BookCourt once a month at neighborhood staple Sunny’s Bar. The changing shape and infrastructure of Red Hook was thrown for a loop in 2012, with the damaging effects of Hurricane Sandy that left many buildings and businesses in need of repair during resulting closures.
Since its post-Sandy revitalization, the neighborhood has continued to attract many visitors to its unique and eclectic ambience, with ferries from Pier 11 in Manhattan to IKEA that operate daily.
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: 84527TH
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