238 MELROSE ST, Brooklyn, NY 11206

Building Details

Year Built

1931

Listing office SERHANT

Listing date Jul 7, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of SERHANT

Report an issue

---

Overview

238 Melrose Street is a mixed-use property offering multifamily and retail space within an institutional-scale footprint. The asset totals approximately 22,500 square feet and sits on a 4,792-square-foot lot.

The property is being sold fully vacant at closing, allowing the incoming owner complete control from day one without lease assumptions or holdover considerations. At closing, the space will be delivered with immediate flexibility to renovate, reposition, lease, occupy, or convert.

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Accounting Firm Veterinary Clinic Nursing Home Nursing Home Tanning Salon

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

Location Insight

• Map
• Local Demand

City

Brooklyn

County

Kings

State

New York

Longitude

-73.92988

Latitude

40.701451

Nearby Similar for Sale

• 

  $1,030,000

  2,870 SF

  New Retail Condo with Indoor Parking

  Vacant, newly built retail condo with available indoor parking options for a wide range of businesses.

  268 Bay Ridge Avenue, Brooklyn, NY 11220

  View Details
• 

  $1,390,000

  3,239 SF

  First-Floor and Cellar Commercial Condo

  Modern 2017 mixed-use condo with flexible space for office, medical, fitness, or community uses.

  832 40th Street, Brooklyn, NY 11232

  View Details
• 

  $3,100,000

  6,362 SF

  NNN Retail Strip with Parking

  Modern 2015-built retail strip offers three storefronts and 10 in-door parking spaces for NNN tenants.

  268 Bay Ridge Avenue, Brooklyn, NY 11220

  View Details
• 

  $988,000

  2,292 SF

  Storefront Condo with Parking

  Built in 2015 and currently used as a bakery, with indoor parking available for additional cost.

  268 Bay Ridge Avenue, Brooklyn, NY 11220

  View Details
• 

  $1,680,000

  3,158 SF

  Retail and Office Building

  Modern storefront property with open lobby, multiple rooms, and two bathrooms for flexible retail or office use.

  366 Kings Highway, Brooklyn, NY 11223

  View Details
• 

  $900,000

  29,171 SF

  Corner Medical Suite with Private Entrance

  Ground-floor corner suite zoned for ambulatory or diagnostic care, with waiting area, exam room, and private entry.

  531 5th Street, Brooklyn, NY 11215

  View Details
• 

  $999,000

  15,000 SF

  Turn-Key Supermarket Business Opportunity

  Thriving supermarket business for sale in prime Gravesend location.

  53-65 Quentin Road, Brooklyn, NY 11223

  View Details
• 

  $999,000

  8,820 SF

  Established Supermarket Business For Sale

  High-volume supermarket in Bensonhurst/Gravesend with excellent street exposure.

  65 Quentin Road, Brooklyn, NY 11223

  View Details
• 

  $7,200,000

  23,400 SF

  Brooklyn Mixed-Use Investment Opportunity

  Mixed-use property in Brownsville with diverse income streams.

  340 Junius Street, Brooklyn, NY 11212

  View Details
• 

  $1,200,000

  3,822 SF

  Incomplete Renovation Church Conversion

  In-progress renovation offers flexible space for offices, warehouse, retail, manufacturing, or religious use.

  2769 Stillwell Avenue, Brooklyn, NY 11224

  View Details
• 

  $590,800

  1,200 SF

  Ground-Level Retail Storefront with Parking

  Ground-level retail store built in 2015 with available indoor parking and full possession for a flexible tenant buildout.

  268 Bay Ridge Avenue, Brooklyn, NY 11220

  View Details
• 

  $2,190,000

  3,500 SF

  Luxury Atelier & Designer Showroom

  Turnkey, two-story luxury atelier in Sunset Park, Brooklyn.

  821 39th Street, Brooklyn, NY 11232

  View Details

FAQs

What type of property is this?

Mixed-use property - Institutional-scale mixed-use building with multifamily and retail space, delivered fully vacant at closing.

Where is this mixed-use property located?

The property is located at 238 MELROSE ST Brooklyn, NY.

What is the asking price?

The asking price for this property is $9,500,000.

What are key features of this property?

This property features: Institutional‑scale mixed‑use building with 22,500 SF total space.; Mixed‑use includes multifamily and retail space.; Located on a 4,792 SF lot.