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    319/415 Broadway Brooklyn, NY 11211

    New
    For Sale
    $13,000,000

    Commercial Building, Low-rise - Brooklyn, NY

    Property size:
    17,239 SF
    Days on Market:
    5
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 319/415 Broadway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    20
    Bathrooms
    23
    Parking features
    Garage
    Exterior features
    Balcony
    Size
    17,239 SF

    Building Details

    Architectural style
    Other

    Compass

    Listing agent Nathan Horne

    Listing date Dec 2, 2025

    MLS# 11600544 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Williamsburg Mixed-Use Buildings For Sale

    Located on Williamsburg's prime Broadway corridor, 319 Broadway and 415 Broadway are two mixed-use buildings. 319 Broadway is a newly built 11-unit elevator property with 31 years remaining on its 421a tax abatement. 415 Broadway is a gut-renovated 9-unit mixed-use property designated under protected tax class 2B, ensuring permanently reduced assessments. Together, the properties offer decades of predictable, low real estate taxes. The portfolio generates a current NOI of approximately $681K annually, with upside to nearly $790K through the natural lease turnover of below-market apartments and optimization of the commercial spaces. The assets feature condo-quality finishes, private balconies, and efficient building systems. The properties are low-maintenance and well positioned to capture Williamsburg's ongoing rent growth. Located steps from the J/M/Z subway and the Williamsburg Bridge, 319 and 415 Broadway present an opportunity to acquire tax-protected, mixed-use assets with stable in-place income and clear upside in one of Brooklyn's strongest submarkets. The property is located in Brooklyn, NY 11211 and has a total size of 17239 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.95685
    Latitude
    40.708188

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    FAQs

    What type of property is this?
    Mixed-use property - Two mixed-use buildings in prime Williamsburg corridor with tax benefits.
    Where is this mixed-use property located?
    The property is located at 319/415 Broadway Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $13,000,000.
    What are key features of this property?
    This property features: - Decades of predictable, low real estate taxes due to 421a tax abatement (31 years remaining on 319 Broadway) and protected tax class 2B designation (415 Broadway).; - Significant NOI with current annual income of approximately $681K, and potential upside to nearly $790K.; - Located in Williamsburg's prime Broadway corridor, one of Brooklyn's strongest submarkets.
    (706) 255-5657
    Request Owner's contact information
    319/415 Broadway Brooklyn, NY 11211
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    Brooklyn, NY 11211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    319/415 Broadway Brooklyn, NY 11211
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