327 Douglass Street – Brooklyn Opportunity Zone Commercial Building

327 Douglass St, Brooklyn, NY 11217

Property Information

  • For Sale $5,200,000/SF
  • Property Type Retail - Street Retail
  • Property Size 6,000 SF
  • Lot Size 0.14 Acre
  • Zoning M1-2
  • # of Floors 1
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1931
  • Date Updated Mar 6, 2026

Description

327 Douglass Street is a vacant commercial building delivered completely empty, with the interior fully demolished and ready for redevelopment. The property spans approximately 6,000 square feet and has no ADA issues. It is located within a federally designated Opportunity Zone, offering qualified buyers potential federal capital gains tax benefits.

 

Formerly occupied by the School of Rock, the single-level building offers a flexible footprint suitable for a wide range of future uses, including retail, showroom, office, creative, or educational use, subject to buyer due diligence. The space previously featured high ceilings, exposed beams, painted brick, wide corridors, oversized entryways, multiple restrooms, and a kitchenette.

 

Located steps from Barclays Center and Atlantic Terminal, 327 Douglass Street benefits from steady pedestrian and vehicle traffic, excellent transit access, and dense surrounding development. Offered for sale directly by the owner, the property is being sold as-is, where-is. Buyer to conduct all due diligence. Caveat emptor.

 

Please reference code S327 for sale inquiries. Email inquiries only. No phone calls.

Contacts

broker
John Pasquale

Location

Located at 327 Douglass St, Brooklyn, NY 11217, this property is part of the Gowanus neighborhood and Brooklyn market.

Contact Listing Broker
broker
John Pasquale
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