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319/415 Broadway
Brooklyn NY 11211 US

$13,000,000

Active Listing ID 11600544
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20 bed
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23.00 Bath (23 Full)
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Other

$13,000,000

Active Listing ID 11600544
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319/415 Broadway Our team has been retained on an exclusive basis to facilitate the sale of 319 Broadway and 415 Broadway, two mixed-use buildings located on Williamsburg s prime Broadway corridor. 319 Broadway is a newly built 11-unit elevator property with 31 years remaining on its 421a tax abatement, while 415 Broadway is a gut-renovated 9-unit mixed-use property designated under protected tax class 2B, ensuring permanently reduced assessments. Together, the properties deliver one of the rarest advantages in New York City multifamily investment decades of predictable, low real estate taxes anchored in one of the fastest-appreciating neighborhoods in the city. 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. Featuring condo-quality finishes, private balconies, and efficient building systems, the assets 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 a rare opportunity to acquire tax-protected, mixed-use assets with stable in-place income and clear upside in one of Brooklyn s strongest submarkets.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 23
  • Exterior Finish: Balcony

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 13000000
  • unparsedaddress: 319/415 Broadway
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11211
  • bathroomsfull: 23
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0
  • lotsizeunits: Acres
  • livingarea: 17239
  • livingareaunits: Square Feet
  • latitude: 40.708188
  • longitude: -73.95685
  • listagentfullname: Nathan Horne
  • listagentemail: nathan.horne@compass.com
  • listagentkey: 3yd-NYSMLS-213331
  • listagentmlsid: 213331
  • listagentpreferredphone: 7062555657
  • listofficekey: 3yd-NYSMLS-4848
  • listofficemlsid: 4848
  • disclaimer: 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.
  • sourcesystemid: NYSMLS
  • listingcontractdate: 2025-11-03
  • countyorparish: Kings
  • elementaryschooldistrict: 000000
  • middleorjuniorschooldistrict: 000000
  • highschooldistrict: 000000
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage
  • waterfrontyn: False
  • exteriorfeatures: Balcony
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.95685, 40.708187
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"nathan.horne@compass.com", "ListBrokerageCity":"New York", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass", "ListBrokeragePhone":null, "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":"3rd floor", "ListBrokerageUnparsedAddress":"90 Fifth Avenue", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"90 Fifth Avenue, 3rd Floor", "ListOfficeAddress2":"3rd floor", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"New York", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"10011", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Building, Low-rise - Brooklyn, NY", "ListingURL":"https://listings.listhub.net/pages/NYSMLS/11600544/?channel=rexren", "MLSModificationTimestamp":"2025-12-16T10:49:23Z", "Neighborhoods":[{"Description":null, "Name":"Williamsburg"}], "PostalCode":null, "RawPropertySubType":"Commercial Building", "RawPropertyType":"Commercial Building", "RoomCount":31, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":0, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/16/2025 5:34:08 PM GMT
Source Updated Date: 12/17/2025 6:45:25 PM GMT

Courtesy of: Nathan Horne, Compass, nathan.horne@compass.com

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.