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Ground-Floor Retail Condo
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196 Stanhope St, Brooklyn, NY 11237

Ground-floor retail condo with 13’ ceilings and 25’ frontage expanding to 40’, extending 97’ deep.

Space Size5,452 SF
Days on Market178

Property Features for 196 Stanhope St

General Information

Standard status Active
Size 5,452 SF
Property subtype Retail

Building Details

Building Size 5,452 SF
Year Built 2025
Tenancy Single

Spaces For Lease

at 196 Stanhope St Contact us

Space 1

Size
5,452 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Compass
Listed By: May Stella · License #10401386522
Source: Crexi
Added: Mar 13 Changed: Aug 26 Last Checked: Sep 5 at 2:50PM

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 Compass

Investment Insights

Based on property information with market context.

196 Stanhope St in Brooklyn presents a ground-floor retail condo within a new development condominium. The unit offers 13’ ceilings, with 25’ of frontage that expands to approximately 40’ wide, and extends about 97’ deep. The space is built-to-suit, with the sponsor able to deliver the unit configured to meet an end-user’s requirements.

The storefront is described as being steps from the L and M lines, and the surrounding area is identified as a retail corridor with local neighborhood amenities.

For prospective tenants and investors, the property is positioned as a highly visible retail option in newly developed mixed-use condominium construction, with the unit available for lease.

Key Highlights

  • New development ground‑floor retail condominium (Year Built: 2025)
  • 13’ ceilings with 25’ frontage that expands to 40’ wide
  • Retail depth of 97’

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Accounting Firm Acupuncture Travel Agency

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
$9.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,126
Businesses Nearby
265k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 46% Shops & Services 20% Groceries 19% Apparel 6%
Burger King Dining
36,411 visits/mo 0.2 miles
White Castle Dining
24,528 visits/mo 0.5 miles
BP Shops & Services
22,327 visits/mo 0.4 miles
Key Food Groceries
14,926 visits/mo 0.3 miles
Windsor Farms Market Groceries
14,812 visits/mo 0.3 miles

Demographics for 11237, NY

49,418
Population
18,801
Households
2.6
Avg Household Size
31
Median Age
41%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
49,418
Density / Sq Mi
$82,570
Median Household Income
$43,421
Median Earnings
$2,109
Median Rent
$1,063,700
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$53.77 /SF/Yr
Avg Asking Price
$8.63–$120 /SF/Yr
Price Range
2,491 SF
Avg Space Size

This space is priced 21% above the average of $53.77 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Ground-floor retail condo with 13’ ceilings and 25’ frontage expanding to 40’, extending 97’ deep.
Where is this storefront property located?
The property is located at 196 Stanhope St Brooklyn, NY.
What is the lease rate?
The lease rate is $65 SF/Yr.
What are key features of this property?
This property features: New development ground‑floor retail condominium (Year Built: 2025); 13’ ceilings with 25’ frontage that expands to 40’ wide; Retail depth of 97’
(417) 684-0391 Call to check price and availability
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