$3,999,000
0.05 Acres
128 N 1st Street
Brooklyn, NY 11249
Listed with Douglas Elliman Real Estate
$4,500,000
Est. $30,581/moBrooklyn, NY 11226 · Brooklyn
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A prime commercial opportunity in the heart of Brooklyn. This versatile property is currently configured as an event venue and offers multiple levels of usable space, making it ideal for investors or business owners seeking a turnkey or adaptable commercial asset. The property features two full floors plus a basement, allowing for flexible use such as event hosting, lounge, retail, office, or mixed-use operations. Each level provides open space potential, with the layout supporting high-capacity gatherings and multiple revenue streams. Located on a highly trafficked corridor, the property benefits from strong visibility, steady foot traffic, and convenient access to public transportation, making it an excellent location for continued venue use or redevelopment. This is a rare opportunity to acquire a well-positioned commercial property in a growing Brooklyn market.
Listed with Developing Dreams Realty USA · Mathew Klein · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 6:08 PM ET. ©2026 One Key MLS.
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Market Insights
Current Listings
New in the last 30 days
218
Sep 2026
Average Price
Active listings
$1,286,329
Sep 2026
Average Days on Market
Active listings
176 days
Sep 2026
Computed from 1,572 active OneKey MLS listings in Brooklyn, NY.