Ariel Property Advisors Lists Historic Brooklyn Bar Association HQ at 123 Remsen St.

Ariel Markets Longtime Brooklyn Bar Association Headquarters
CRE Market Beat Take
A marketed $12 million price point for a long-held institutional Brooklyn Heights asset highlights ongoing investor interest in historically significant office buildings with flexible reuse potential.

Ariel Property Advisors has been engaged to market 123 Remsen St., a French Second Empire building in Brooklyn Heights, for sale. The property is being offered at $12 million and is coming to the open market for the first time in more than a century. It has long served as the headquarters of the Brooklyn Bar Association, which has occupied the building since the early 1900s, giving the asset a long-established institutional pedigree within the neighborhood.

The four-story elevator building, which also includes a basement level, has a 41-foot-wide footprint and offers more than 14,000 gross square feet of space, according to Ariel. Nearly 10,600 square feet of that total is located above grade, providing a substantial amount of usable space across the main floors. Built in the 1870s as the Charles Condon House, the property retains numerous historical architectural details associated with its French Second Empire design, underscoring its period character and long history in Brooklyn Heights.

Ariel notes that the building’s configuration supports a range of potential uses. While its design and scale are expected to be of interest to residential converters, the existing layout is also positioned to accommodate individual owner-users, nonprofit organizations, schools and artistic or cultural groups. This range of possible end-users reflects the building’s long-standing institutional role as a professional association headquarters as well as its underlying residential-era architecture.

The marketing assignment is being led by Ariel partners Michael A. Tortorici and Sean R. Kelly, Esq., with additional support from Nicole Daniggelis, Stephen Vorvolakos and Luke Rizzo. The team is presenting the building as a flexible opportunity for parties seeking a historically significant property with multiple potential paths for future use. Ariel emphasizes that the combination of location in Brooklyn Heights, established institutional history and period architectural detail positions 123 Remsen St. as a distinctive offering within the local commercial real estate market.

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