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    261-265 Water St Brooklyn, NY 11201

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    For Lease
    Contact for pricing

    Unique 19,657 SF building in the heart of D.U.M.B.O.

    Property size:
    4,416 SF
    Lot size:
    0.09 Acres

    Property Features for 261-265 Water St

    General Information

    Size
    4,416 SF
    Lot size
    0.09 Acres

    Source: Kalmon Dolgin Affiliates Agent James Dario Jr.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    D.U.M.B.O. Building Leasing Opportunity

    An exclusive leasing opportunity exists for a 19,657 square foot building located in the heart of D.U.M.B.O., near Brooklyn Bridge Park. This two-story building includes cellar and roof rights and features 74 feet of frontage on Water Street. The building is characterized by brick and beam construction and enriched with historical details. The ground floor offers 6,362 square feet of space, while the second floor provides 6,379 square feet. The cellar comprises 4,416 square feet, and the rooftop offers 2,500 square feet. The property is equipped with 400 amps of electric power, gas, and water, making it a versatile and adaptable space for businesses.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.984036
    Latitude
    40.7031

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    FAQs

    What type of property is this?
    Retail space - Unique 19,657 SF building in the heart of D.U.M.B.O.
    Where is this retail space located?
    The property is located at 261-265 Water St Brooklyn, NY.
    What are key features of this property?
    This property features: - Prime D.U.M.B.O. location near Brooklyn Bridge Park.; - Substantial 19,657 sq ft building with cellar and roof rights.; - Prominent 74 feet of frontage on Water Street.
    (718) 388-7700
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    261-265 Water St Brooklyn, NY 11201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    261-265 Water St Brooklyn, NY 11201
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