Sell Your Property in Wallabout
We Buy Frame Houses, Row Houses & Industrial Buildings in Wallabout
From the pre-Civil War frame houses on Vanderbilt Avenue to the warehouses and garages along Park and Flushing Avenues by the Brooklyn Navy Yard, we buy Wallabout property directly, with cash and as-is.
- All-cash offers, no financing contingency
- Buy as-is, including landmarked houses
- Off-market and confidential
- Close on your timeline
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Quick Answers
Who Buys Property in Wallabout?
Who buys property in Wallabout, Brooklyn?
Red Hook Development buys property throughout Wallabout, the small neighborhood between the Brooklyn Navy Yard and the Fort Greene and Clinton Hill brownstone blocks, roughly from Navy Street east toward Classon Avenue and from Flushing Avenue south to Myrtle Avenue. We are a Brooklyn developer and direct buyer. We purchase frame houses, row houses, two-families, small walk-ups, mixed-use buildings on Myrtle, and industrial and commercial buildings near the Navy Yard, all with cash and as-is.
Do you buy houses in the Wallabout Historic District?
Yes. The Wallabout Historic District, designated by the Landmarks Preservation Commission in 2011, covers roughly 55 buildings along Vanderbilt Avenue between Myrtle and Park Avenues. Many are wood-frame Greek Revival, Gothic Revival and Italianate houses from the late 1840s and 1850s. Exterior work on these houses requires Landmarks approval, which can make renovation slower and more expensive. We are comfortable buying landmarked houses and handling that process ourselves after closing.
Can I sell a Wallabout frame house that needs major work?
Yes. Wallabout has some of the oldest surviving wood houses in Brooklyn, and after 150-plus years many need structural, foundation, siding, roof and system work. We buy them in their current condition. You do not have to make repairs, file permits or deal with Landmarks before selling. We factor the work into our offer, pay cash and handle the restoration after closing.
Do you buy industrial or commercial buildings near the Navy Yard?
Yes. The blocks along Park Avenue under the BQE and along Flushing Avenue across from the Navy Yard hold garages, warehouses, small manufacturing buildings and commercial lots. We buy these properties, including buildings with complex certificates of occupancy, environmental history or tenants on informal leases. We do our own zoning and use analysis before we make an offer.
How fast can you close on a Wallabout property?
Because we pay cash, we can usually close within a few weeks of clear title. If you need more time for an estate, a move or a family decision, we can set a later date. For landmarked or older properties, title and survey questions sometimes add time. We handle the details and keep you informed throughout.
What We Buy in Wallabout
Wallabout Properties We’re Actively Buying
Pre-Civil War Frame Houses
Wallabout’s signature housing is its mid-nineteenth-century wood houses, built for shipwrights, mariners and tradesmen tied to the Navy Yard. We buy them in any condition, inside or outside the historic district, including houses with sagging floors, failing siding or old additions.
Brick & Brownstone Row Houses
Italianate and neo-Grec brick and stone row houses fill the blocks of Vanderbilt, Clermont, Adelphi and Carlton near Myrtle. We buy single-families, two-families and houses carved into rooming units or small apartments.
Small Walk-Ups & Tenements
Masonry tenements and small apartment buildings sit on Wallabout’s side streets and near Myrtle Avenue. We buy them occupied, with rent-stabilized tenants, informal arrangements or vacant units.
Mixed-Use on Myrtle Avenue
Myrtle Avenue forms Wallabout’s commercial southern edge. We buy storefront buildings with apartments above, whether the retail is leased, vacant or occupied by a longtime business.
Industrial Buildings & Garages
Along Park and Flushing Avenues and near the BQE, older warehouses, auto shops and manufacturing buildings remain. We buy them as-is, including buildings with environmental questions or outdated certificates of occupancy.
Lots & Development Sites
Parking lots, one-story buildings and underbuilt parcels near the Navy Yard can carry real potential, depending on zoning. We buy land and teardowns and do our own feasibility work before making an offer.
Housing Stock
What Wallabout Is Built From
Wallabout takes its name from Wallabout Bay, where Walloon settlers arrived in the seventeenth century. The bay was later largely filled in, and the Brooklyn Navy Yard grew up on its shore. The neighborhood beside it became home to the shipwrights, carpenters, mariners and laborers who built the ships, and much of what they lived in still stands.
More than half of the houses in the Wallabout Historic District were built between 1849 and 1855. Many are wood-frame, which makes Wallabout one of the best places in Brooklyn to see what the city looked like before brick and brownstone took over. Alongside them are later brick row houses, masonry tenements, public housing such as the Walt Whitman Houses and Ingersoll Houses, and industrial buildings closer to the Navy Yard.
Look closely at a Wallabout frame house and you often find its history in layers: original clapboard under asbestos shingle or aluminum siding, a Greek Revival doorway behind a later porch, or Queen Anne details added decades after the house was built. Some houses were raised, extended or split into apartments as the Navy Yard workforce grew. That history is part of their value, and it is also why renovating them takes experience and patience.
Common building types in Wallabout
- Greek Revival and Gothic Revival wood-frame houses from the late 1840s and 1850s
- Italianate and neo-Grec brick and brownstone row houses
- Masonry tenements and small walk-ups
- Mixed-use buildings along Myrtle Avenue
- Warehouses, garages and manufacturing buildings near Park and Flushing Avenues
Zoning
Landmarks and Zoning in Wallabout
The Landmarks Preservation Commission designated the Wallabout Historic District in July 2011. It follows Vanderbilt Avenue between Myrtle and Park Avenues and includes about 55 buildings. Exterior alterations there need LPC approval. The area was also listed on the State and National Registers, and a separate Industrial Wallabout district of former factory and warehouse buildings was listed on the National Register in 2012. National Register listing alone does not create the same city review requirements as local designation.
Outside the historic district, zoning in Wallabout is a patchwork. Residential districts cover much of the area near Myrtle, while blocks closer to the Navy Yard, Park Avenue and the BQE include manufacturing zoning. City of Yes for Housing Opportunity, adopted in December 2024, introduced the Universal Affordability Preference, parking changes and accessory dwelling unit rules that may apply to some residential lots.
We analyze zoning and landmark status on every property before we make an offer. Owners should confirm their own situation with a zoning attorney, zoning professional or the Landmarks Preservation Commission.
Regulated Buildings
Rent-Stabilized Buildings in Wallabout
Wallabout is mostly small buildings, but its tenements and small walk-ups built before 1974 with six or more units may be rent-stabilized. Since the 2019 Housing Stability and Tenant Protection Act, owners have fewer ways to raise regulated rents or recover the cost of major work, which matters a great deal in buildings this old.
We buy occupied regulated buildings and take on the tenancies at closing. Our page on selling a rent-stabilized building explains how we approach these sales. If you own a newer building near Myrtle Avenue built under 421-a, see our 421-a page. Confirm any building’s regulatory status with an attorney or the relevant agency.
Where We Buy
Where We Buy in Wallabout
Wallabout is small, and its name is used less often than it once was. Many of its blocks are now described as part of Fort Greene or Clinton Hill. We buy throughout the area.
- Vanderbilt Avenue — the historic district’s frame and brick houses between Myrtle and Park Avenues
- Clermont & Adelphi — row houses and frame houses north of Myrtle
- Carlton Avenue — mixed blocks near the Walt Whitman Houses
- Clinton & Waverly Avenues — row houses, frame houses and small buildings north of Myrtle
- Myrtle Avenue — mixed-use storefront buildings on the southern edge
Navy Yard Area
The northern edge of Wallabout faces the Brooklyn Navy Yard across Flushing Avenue, with the BQE running overhead along Park Avenue. These blocks mix older houses with garages, warehouses, small factories and parking lots. The Navy Yard itself, closed by the Navy in 1966, is now a large industrial park run by the city, with tenants in manufacturing, film and creative industries and buildings like Building 77 and Dock 72. That activity has drawn interest to the surrounding commercial and industrial property. We buy along Flushing Avenue, Park Avenue, Navy Street and the side streets between them, including buildings with industrial uses, auto shops and vacant land.
Why Owners Sell
Why Wallabout Owners Sell to Us
Owning a 170-year-old frame house or a century-old industrial building is a serious responsibility. Many Wallabout owners reach a point where the next round of work is more than they want to take on.
- Inherited a family house and the heirs want a fair, simple resolution
- A frame house that needs foundation, siding or structural work
- Landmarks review makes the renovation you need slow or costly
- Rent-stabilized tenants and rising taxes in an older walk-up
- An industrial building with an outdated certificate of occupancy
- Retiring or relocating without a long listing process
We buy as-is. Visit sell your property to learn how it works.
Potential
What We See in Wallabout
Wallabout sits between two of Brooklyn’s most sought-after brownstone neighborhoods and one of its largest employment centers. The G train at Flushing Avenue and Myrtle-Willoughby Avenues serves the eastern side, and the Fort Greene and Clinton Hill amenities are a short walk south.
That location supports careful restoration of historic houses and, on industrial and underbuilt lots, new construction where zoning allows. As a developer, we plan for both and can make offers on buildings that need long-term vision and capital.
On a landmarked Vanderbilt Avenue house, that may mean restoring original clapboard and window patterns while modernizing the interior. On a garage or warehouse near Park Avenue, it may mean a new use that fits current zoning. Either way, we take on the planning, approvals and construction so you do not have to.
Your Options
Your Options for Selling a Wallabout Property
Listing with a broker
A broker listing can work for a restored, vacant house. For a frame house that needs structural work, a landmarked property with open questions or an industrial building, expect a longer process, lender hesitation and renegotiation after inspections.
Renovating or developing yourself
Restoring a historic frame house or redeveloping an industrial lot can create value, but it requires architects, Landmarks or DOB approvals, contractors and significant capital and time.
Selling directly to Red Hook Development
A direct sale gives you a cash offer, no repairs, no showings and a closing date you choose. We take on the restoration, Landmarks process and development risk. See what we buy for more.
How It Works
How Selling Your Wallabout Property Works
- Tell us about the property — address, building type, condition and any tenants
- We review it — zoning, landmark status, city records and violations
- We walk the property — one visit at a time that works for you
- You get a cash offer — clear terms and no financing contingency
- We close — through attorneys, on your timeline
There is no cost and no obligation. If the offer does not suit you, you are free to choose another path.
Market Context
The Wallabout Market Today
Wallabout’s supply of historic frame houses is tiny and cannot be replaced, and the Navy Yard’s growth keeps attention on the surrounding blocks. At the same time, the cost and complexity of restoring old wood houses and reusing industrial buildings narrow the pool of buyers.
We are a Brooklyn developer that takes on exactly those challenges. If you own property in Wallabout, reach out. We also buy across neighboring Fort Greene, Clinton Hill and the wider Brownstone Brooklyn and Downtown area.
FAQ
Wallabout Seller Questions
Is Wallabout part of Fort Greene or Clinton Hill?
Wallabout is a historic neighborhood in its own right, but its blocks are often described today as part of Fort Greene, Clinton Hill or Bedford-Stuyvesant, depending on location. Your property may be listed under any of those names. We buy across all of them.
Does National Register listing restrict what I can do?
National Register listing on its own generally does not limit what a private owner can do with their own money. City landmark designation does require LPC approval for exterior work. Confirm your property’s status with LPC or an attorney.
Do you buy houses with wood siding that needs replacement?
Yes. Many Wallabout frame houses have deteriorated clapboard, asbestos shingles or aluminum siding over the original wood. We buy them as they are and handle the restoration ourselves.
Can I sell a property on Flushing Avenue across from the Navy Yard?
Yes. We buy residential, commercial and industrial buildings along Flushing Avenue and Park Avenue, including garages, auto shops and vacant lots near the Navy Yard.
What if my house has a small rear building or carriage house?
Some older Wallabout lots have rear structures. We buy properties with rear buildings, unusual lot shapes or shared driveways and sort out the legal and physical questions after closing.
Do you buy near the Walt Whitman and Ingersoll Houses?
Yes. We buy privately owned houses, walk-ups and mixed-use buildings on the blocks surrounding the public housing campuses, including along Myrtle Avenue and Park Avenue.
Other Neighborhoods
We Also Buy Nearby
We also buy frame houses, row houses and development sites in the neighborhoods surrounding Wallabout.
Own Property in Wallabout?
Find out what a developer will pay — privately, with no obligation. Call 718-500-3423 or email bklyn@redhookdevelopment.com.