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Two-Story Retail Building with Rooftop
For Lease
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261-265 Water St, Brooklyn, NY 11201

Two-story brick-and-beam retail building with cellar and rooftop rights, plus 74 feet of frontage on Water Street.

Space SizeContact for details
Property Size6,379 SF
Days on Market834

Property Features for 261-265 Water St

General Information

Standard status Active
Size 6,379 SF
Property subtype RETAIL

Site & Location

Road Access Yes
Utilities to Site Yes

Building Details

Stories 2
Construction brick & beam
Listing Agency: Kalmon Dolgin Affiliates
Listed By: James Dario Jr.
Source: Moodyscre
Added: Apr 23, 2024 Changed: Jul 28 Last Checked: Aug 3 at 7:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kalmon Dolgin Affiliates

Investment Insights

Based on property information with market context.

Exclusive leasing opportunity for a distinctive 19,657-square-foot, two-story retail building with cellar and roof rights. The property is built with brick and beam construction and includes numerous historical details. Available space is divided across the ground floor (6,362 sf) and second floor (6,379 sf), with additional cellar space (4,416 sf) and rooftop space (2,500 sf). Utilities include 400 amps electric, along with gas and water.

The building features 74 feet of frontage on Water Street and is described as being situated in the heart of D.U.M.B.O. / Brooklyn Bridge Park.

Lease price is available upon request, and the premises are presented as a versatile option for businesses seeking a robust, adaptable space within this waterfront setting.

Key Highlights

  • 19,657 SF two‑story brick‑and‑beam building with cellar and rooftop rights
  • 74 ft frontage on Water Street in d.U.M.B.O. / Brooklyn Bridge Park
  • Available space: 6,362 SF ground floor and 6,379 SF second floor

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Pet Grooming Service Barber Shop Nursing Home Tanning Salon Restaurant Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

7,841
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 70% Shops & Services 30%
First Wok Dining
3,665 visits/mo 0.1 miles
Extra Space Storage Shops & Services
1,565 visits/mo 0.1 miles

Demographics for 11201, NY

69,703
Population
36,155
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
49,788
Density / Sq Mi
$169,285
Median Household Income
$113,681
Median Earnings
$3,207
Median Rent
$1,131,700
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$56.71 /SF/Yr
Avg Asking Price
$8.63–$200 /SF/Yr
Price Range
3,737 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Two-story brick-and-beam retail building with cellar and rooftop rights, plus 74 feet of frontage on Water Street.
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: 19,657 SF two‑story brick‑and‑beam building with cellar and rooftop rights; 74 ft frontage on Water Street in d.U.M.B.O. / Brooklyn Bridge Park; Available space: 6,362 SF ground floor and 6,379 SF second floor
(347) 390-1126 Call to check price and availability
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