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Waterfront Two-Story Retail Building
For Lease
Contact for pricing

261-265 Water St, Brooklyn, NY 11201

Two-story retail building with cellar and rooftop rights, plus 400-amp electric service.

Space Size2,500 SF
Days on Market853

Property Features for 261-265 Water St

General Information

Standard status Active
Size 2,500 SF
Property subtype RETAIL

Spaces For Lease

at 261-265 Water St Contact us

261-265 Water St

Floor
2
Size
2,500 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Kalmon dolgin affiliates presents an exclusive leasing opportunity for a unique...
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Listing Agency: Kalmon Dolgin Affiliates
Listed By: James Dario Jr.
Source: Moodyscre
Added: Apr 23, 2024 Changed: Aug 8 Last Checked: Aug 22 at 7:08AM

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.

Rarely does a building like this come available for retailers needing both character and flexibility in DUMBO. The property is a two-story retail building with cellar and rooftop rights, built with brick and beam construction and multiple historical details. It includes a ground floor of 6,362 SF and a second floor of 6,379 SF, along with a 4,416 SF cellar and a 2,500 SF rooftop area, for 19,657 total SF. The site also offers electric service rated at 400 amps, with gas and water available.

The building sits in the heart of DUMBO / Brooklyn Bridge Park, with 74 feet of frontage on Water Street. The combination of water-adjacent frontage and substantial interior space across multiple levels can support a range of retail layouts and back-of-house needs.

Cellar and rooftop rights add additional operating and display possibilities beyond the two main floors, supporting businesses that need more than a standard single-level retail footprint.

Key Highlights

  • 74 feet of frontage on Water Street in DUMBO / Brooklyn Bridge Park
  • Two‑story retail building with cellar and rooftop rights
  • Ground floor: 6,362 SF; second floor: 6,379 SF; cellar: 4,416 SF

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

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

$53.39 /SF/Yr
Avg Asking Price
$8.63–$150 /SF/Yr
Price Range
3,837 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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two-story retail building with cellar and rooftop rights, plus 400-amp electric service.
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: 74 feet of frontage on Water Street in DUMBO / Brooklyn Bridge Park; Two‑story retail building with cellar and rooftop rights; Ground floor: 6,362 SF; second floor: 6,379 SF; cellar: 4,416 SF
(347) 390-1126 Call to check price and availability
More about this property
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