Building Details

Tenancy Single

Listing Agency: TerraCRG

Listed By: Nelson Kim · License #10401399342

Source: Crexi

Added: Mar 3 Changed: Aug 8 Last Checked: Aug 10 at 11:47AM

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Investment Insights

Based on property information with market context.

This leasing opportunity features a flexible two-building assemblage with ground and second-floor space. The property includes a large lower level, multiple access points, and potential for a roof deck. It offers views of Manhattan and the bridge. The property is suitable for mixed-use, flex space, industrial, office, and retail purposes.

Key Highlights

• Manhattan and bridge views
• Flexible two‑building assemblage
• Roof deck potential

Property Analytics

Property Profile

Current Use

Flex 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

Explore this area Business Placement

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

$33 /SF/Yr

Avg Asking Price

$32–$35 /SF/Yr

Price Range

7,159 SF

Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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What type of property is this? Where is this mixed-use properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Two-building assemblage with flexible space, roof deck potential, views.

Where is this mixed-use property located?

The property is located at 265 Water St Brooklyn, NY.

What are key features of this property?

This property features: Manhattan and bridge views; Flexible two‑building assemblage; Roof deck potential