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Block-Through New Retail Space
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296 Wythe Ave, Brooklyn, NY 11249

New construction block-through retail space offers strong ceiling heights and large-format contiguous area with parking on premises.

Space Size4,300 SF
Days on Market238

Property Features for 296 Wythe Ave

General Information

Standard status Active
Size 4,300 SF
Property subtype RETAIL

Additional Details

Multifamily Units 38

Spaces For Lease

at 296 Wythe Ave
296 Wythe Ave $120/SF/Yr
Floor 1
Size 4,300 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
- Prime retail space at the base of a newly developed 38-unit luxury residential building - In the heart of Williamsburg’s top retail, restaurant, and lifestyle brand corridors - Soaring 14’ ceilings • High visibility and signage opportunity • Located steps from Domino Park and the Domino Sugar re-development - Join in-building tenants Joe & The Juice and Heyday -ogical divisions considered
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Listing Agency: Meridian Capital Group
Listed By: James Famularo
Source: Moodyscre
Added: Mar 3 Changed: Oct 25 Last Checked: Oct 26 at 7:12PM

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 Meridian Capital Group

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Investment Insights

Based on property information with market context.

New construction block-through retail space with excellent ceiling heights and strong frontage, designed to support a range of retail requirements. The offering includes up to 20,913 SF of contiguous space for large-format users, with division considered from 2,000 SF.

Venting is possible and gas is available in the building. Parking is provided on the premises. The space is located at the base of a 38-unit residential building at 296 Wythe Ave, Brooklyn, NY 11249.

Key Highlights

  • Up to 20,913 SF contiguous block‑through new construction retail space for large‑format users
  • Divisions considered from 2,000 SF
  • Excellent ceiling heights

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm Nursing Home Auto Parts Store Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

38
Residential units
NNN (Triple Net)
Lease Type
$18.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,839
Businesses Nearby
52k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 27% Groceries 25% Hotels & Casinos 20% Electronics 11%
C-Town Supermarkets Groceries
13,145 visits/mo 0.4 miles
Moxy Brooklyn Williamsburg Hotels & Casinos
10,345 visits/mo 0.4 miles
T-Mobile Electronics
5,770 visits/mo 0.2 miles
Dos Toros Taqueria Dining
5,518 visits/mo 0.3 miles
Everlane Apparel
4,176 visits/mo 0.2 miles

Demographics for 11249, NY

42,024
Population
18,958
Households
2.2
Avg Household Size
31
Median Age
59%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
60,034
Density / Sq Mi
$121,400
Median Household Income
$81,638
Median Earnings
$2,982
Median Rent
$1,326,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Brooklyn, NY

$53.92 /SF/Yr
Avg Asking Price
$8.57–$230 /SF/Yr
Price Range
3,832 SF
Avg Space Size

This space is priced 123% above the average of $53.92 /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

Frequently Asked Questions

What type of property is this?
Retail space - New construction block-through retail space offers strong ceiling heights and large-format contiguous area with parking on premises.
Where is this retail space located?
The property is located at 296 Wythe Ave Brooklyn, NY.
What is the lease rate?
The lease rate is $120 SF/Yr.
What are key features of this property?
This property features: Up to 20,913 SF contiguous block‑through new construction retail space for large‑format users; Divisions considered from 2,000 SF; Excellent ceiling heights
(212) 468-5960 Call to check price and availability
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