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The Paramount Theatre is a former movie palace located at 1 University Plaza at the intersection of Flatbush and DeKalb Avenues in downtown Brooklyn, New York. Originally opened in 1928, the building has been owned by Long Island University (LIU) since 1962. Converted for use by LIU as classroom space and a gymnasium, the building retains much of the theater's original decorative detail. Until recently the venue was operated as a 1200-seat multi-purpose arena, formerly home to the Brooklyn Kings basketball team. It is now in the planning stages of a renovation to reopen the theater as a performing arts venue in 2018.

The Paramount Theatre, built in 1928 by Paramount Pictures, was designed by the Chicago theater architect team Rapp and Rapp. A sister Paramount Theatre was located in Times Square, Manhattan. The rococo-designed theater had 4,084 seats covered in burgundy velvet, with a ceiling painted with clouds. A 60-foot stage curtain was decorated with satin-embroidered pheasants, along with huge chandeliers and fountains with goldfish.

According to anthropology professor Michael Hittman, "while the Brooklyn Paramount is remembered as a popular movie house and early home of rock ‘n’ roll, it is a little known fact that it helped introduce Brooklyn to jazz, with artists like Dizzy Gillespie, Ella Fitzgerald and Miles Davis."Duke Ellington first played at the Paramount in 1931. According to the (Dutch) biography 'De Keizer van het Jiddische Lied' it was in 1943 that singer Leo Fuld introduced the Yiddish music on this stage. In the 1950s, Alan Freed’s rock ‘n’ roll shows played at the theater, with acts including Chuck Berry and Fats Domino. Buddy Holly played a show in September 1957.


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