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Retail Storefront with High Ceilings
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111 Lawrence St, Brooklyn, NY 11201

Flexible retail space with high ceilings and minimal columns at the base of a major downtown Brooklyn residential building.

Property Size1,519 SF
Days on Market499

Property Features for 111 Lawrence St

General Information

Standard status Active
Size 1,519 SF
Property subtype RETAIL
Listing Agency: RIPCO Real Estate - Brooklyn
Listed By: Ben Weiner
Source: Moodyscre
Added: Mar 21, 2025 Changed: Jul 28 Last Checked: Jul 31 at 8:58AM

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 RIPCO Real Estate - Brooklyn

Investment Insights

Based on property information with market context.

This retail storefront offers clean market space designed for flexible use, with high ceilings and minimal columns to support a variety of layouts. The space is positioned at the base of one of downtown Brooklyn’s largest residential buildings, creating a steady flow of foot traffic from the building and surrounding area.

The property is described as within walking distance of the MetroTech complex and NYU Tandon School of Engineering. This combination of residential and nearby institutional demand can support retail activity throughout the week.

Key Highlights

  • Flexible retail space at the base of a major downtown Brooklyn residential building
  • High ceilings
  • Minimal columns

Property Analytics

Current Use

Equity Residential Apartment Building The Brooklyner Apartments Apartment Building LC Modern Consulting ... Consultant RUSSELL BROWN & SMITH Law Firm Ariel's Charlotte Fabric ... Home Decor Store

Suggested Use

Top Pick Nursing Home Pet Grooming Service Tanning Salon Clothing & Fashion Store Adult Day Care Butcher

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

14,226
Businesses Nearby
359k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 25% Dining 19% Shops & Services 19% Hotels & Casinos 15%
Trader Joe's Groceries
62,148 visits/mo 0.4 miles
New York Marriott at the Brooklyn Bridge Hotels & Casinos
48,622 visits/mo 0.1 miles
Key Food - Atlantic Avenue Groceries
21,965 visits/mo 0.4 miles
PetSmart Shops & Services
18,203 visits/mo 0.4 miles
Goodwill Apparel
18,116 visits/mo 0.3 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

$56.49 /SF/Yr
Avg Asking Price
$8.63–$200 /SF/Yr
Price Range
1,529 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 - Flexible retail space with high ceilings and minimal columns at the base of a major downtown Brooklyn residential building.
Where is this retail space located?
The property is located at 111 Lawrence St Brooklyn, NY.
What are key features of this property?
This property features: Flexible retail space at the base of a major downtown Brooklyn residential building; High ceilings; Minimal columns
(718) 233-6565 Call to check price and availability
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