235 Berry Street
235 Berry Street is a four-story corner loft building in Williamsburg, Brooklyn, offered at $8,500,000. The 16,896 SF structure contains nine residential units across 4,224 SF of land, with an elevator and mixed-income profile: four two-bedroom apartments on the first floor, a vacant floor-through requiring gut renovation on the second floor, two one-bedroom units on the third floor (one renovated free-market, one occupied IMD), and two occupied one-bedroom units on the fourth floor. The property generates $194,590 NOI and is positioned as a value-add opportunity.
The building's 44-foot frontage and corner location provide abundant natural light throughout. Units feature 11-foot ceilings on the upper floors, individual gas and electric metering, and are served by a sprinkler system and two fire escapes. The second floor presents multiple paths: renovation into a large owner-user two-bedroom residence, or conversion to commercial use under R6B zoning, which permits first and second floor commercial conversion. The third-floor free-market unit offers long-term appreciation potential.
The property is located five blocks from the L train at Driggs Avenue and North 7th Street, in the heart of Williamsburg's restaurant and retail district. Current tenants are not paying rent; the new owner would need to complete required legalization work and may need to buy out occupants as part of the redevelopment strategy.
- Nine-unit mixed-income building with elevator in prime Williamsburg corner location
- Second floor vacant floor-through with 11-foot ceilings; owner-user or commercial conversion potential
- R6B zoning permits first and second floor commercial conversion
- Five blocks from L train; surrounded by restaurants and retail
- Value-add opportunity with legalization and renovation upside
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This 44-foot-wide, four-story corner loft building features nine residential units and an elevator, offering a mix of existing income and redevelopment potential. The first floor contains four two-bedroom apartments, while the second floor consists of a vacant floor-through apartment requiring gut renovation and featuring 11-foot ceilings and windows on all sides. The third floor includes two one-bedroom apartments, one renovated vacant free-market unit and one occupied IMD unit, while the fourth floor has two occupied one-bedroom apartments, also with 11-foot ceilings. All units are individually metered for gas and electricity, with tenants responsible for their own heating costs, and the apartments benefit from abundant natural light. The building is equipped with a sprinkler system and two fire escapes. The property offers long-term investment potential, particularly through the free-market third-floor unit, while the zoning permits the first and second floors to be converted to commercial use. The second floor also presents an owner-user opportunity, with potential to create a large two-bedroom floor-through residence following renovation. Located in Williamsburg near a variety of restaurants and retail amenities, the property is approximately five blocks from the L train at Driggs Avenue and North 7th Street. The listing notes that current tenants are not paying rent and that the new owner would need to complete required legalization work, with the potential need to buy out occupants and renovate the building as part of the redevelopment process.
Transit data provided by Google. Times and distances are estimates.