Closed 03/16/2020

Three-Story Mixed-Use Building in Columbia Waterfront District

203 Columbia Street

Columbia Street Waterfront District

Closed 03/16/2020 at
$2,157,250 | $682 per SF

Cross Streets Degraw + Sackett Street
Residential Units 2
Commercial Units 1
Building SF 3,163 SF
Zoning R6A, C2-4
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Mixed-Use 203 Columbia Street, Columbia Street Waterfront District
Matthew Cosentino
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NOI $97,529
Total Buildable SF 3,818 SF


TerraCRG is pleased to present for sale a 3-story, mixed-use building of approximately 3,163 SF located at 203 Columbia Street, between Degraw Street and Sackett Street, in Brooklyn’s Columbia Street Waterfront District.

The building comprises a ground-floor retail unit of approximately 1,273 SF, which is currently vacant and available for lease, also through TerraCRG. The retail unit also has access to a full basement. The second floor of the building is a 2-bedroom, 1-bathroom apartment of approximately 945 SF, which benefits from a private terrace of approximately 280 SF. On the third floor, there is a second 2-bedroom, 1-bathroom apartment also of approximately 945 SF. Both apartments are free market and currently occupied.


Covering roughly 22 city blocks, Columbia Street Waterfront District is one of Brooklyn’s smallest neighborhoods. The enclave, which borders the river, was created by the expansion of the Brooklyn-Queens Expressway (“BQE”) in the 1950s, which separates it from neighboring Cobble Hill and Carroll Gardens to the East. Columbia Street is the neighborhood’s main thoroughfare and home to many of this close-knit community’s noted restaurants, bars and local shops. The area is located in School District 15, which includes the highly regarded PS 29 elementary school. The quiet streets surrounding the property are lined primarily with townhouses, small multi-family and mixed-use buildings and occasional new developments.

Neighborhood attractions include the Jalopy Theatre and School of Music, the Jalopy Tavern, The Longshoreman modern Italian restaurant, the Brooklyn Collective, a shared space for artists and designers to display and sell their work, Alma, one of Brooklyn’s top Mexican restaurants, Popina restaurant which combines Italian and Southern cuisine, the Freebird Books & Goods independent bookstore and The Hop Shop, a popular local craft beer bar.

The nearest subway station is Carroll Street (the F and G trains). Other transportation options include the South Brooklyn ferry which makes stops in Red Hook, at the Brooklyn Bridge, in DUMBO and at Wall Street. The B61 bus route connects the neighborhood to Downtown Brooklyn, Red Hook, Gowanus and Park Slope. The BQE is accessible from Columbia Street and Atlantic Avenue.

Brooklyn Farmacy
40 Knots Bar
Pioneer Works
and Brooklyn Bridge Park

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