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Two-Story Retail Building with Roof Rights
For Lease
Contact for pricing

261-265 Water St, Brooklyn, NY 11201

Brick and beam two-story retail building with cellar and roof rights, plus 74 feet of frontage on Water Street.

Space SizeContact for details
Property Size19,657 SF
Days on Market834

Property Features for 261-265 Water St

General Information

Standard status Active
Size 19,657 SF
Property subtype RETAIL

Additional Details

Frontage 74 ft

Building Details

Stories 2
Building Size 19,657 SF
Construction brick and beam
Listing Agency: Kalmon Dolgin Affiliates
Listed By: James Dario Jr.
Source: Moodyscre
Added: Apr 23, 2024 Changed: Jul 29 Last Checked: Aug 3 at 7:46AM

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.

Available for lease is a unique two-story retail building featuring cellar and roof rights, with brick and beam construction and numerous historical details. The building includes ground floor space of 6,362 square feet and second floor space of 6,379 square feet, along with a 4,416 square foot cellar and 2,500 square foot rooftop area.

The property offers 74 feet of frontage on Water Street, and it is described as being located in the heart of D.U.M.B.O. / Brooklyn Bridge Park. Service information provided includes electric with 400 amps, as well as gas and water.

The total building size is 19,657 square feet, configured across four levels to support flexible operational layouts within a single asset.

Key Highlights

  • 19,657 SF brick and beam, two‑story building in d.U.M.B.O. near Brooklyn Bridge Park
  • 74 ft frontage on Water Street
  • Space breakdown: 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

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 - Brick and beam two-story retail building with cellar and roof 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 brick and beam, two‑story building in d.U.M.B.O. near Brooklyn Bridge Park; 74 ft frontage on Water Street; Space breakdown: 6,362 SF ground floor and 6,379 SF second floor
(347) 390-1126 Call to check price and availability
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