Fully Leased Retail Shopping
For Sale
Contact for pricing
321 Starr St, Brooklyn, NY 11237
Ten retail occupants support a fully leased commercial property with restaurant, fitness, office, and outdoor-use components.
Property Size26,025 SF
Days on Market142
Property Features for 321 Starr St
General Information
Standard status
Active
Size
26,025 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Frontage
235 ft
Corner Location
Yes
Amenities
rooftop outdoor space
ground floor outdoor seating area
Building Details
Year Renovated
2017
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Manhattan
(212) 430-5229
Listed By:
Scott Plasky · License #NY 40PL1176852
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 2:42PM
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 Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
This 26,025 SF retail property contains ten occupied tenant spaces, including eight on the ground floor. The improvements were completely renovated in 2017 and include 7,000 SF of rooftop and outdoor area on the second floor, along with a 321 SF ground-floor outdoor seating area. Tenant uses include a restaurant and bar, a rock-climbing gym, offices, and a cycling studio. The climbing facility occupies 11,871 SF and includes climbing walls with peaks exceeding 50 feet.
The property occupies the corner of Starr Street and Cypress Avenue in Brooklyn’s Bushwick neighborhood, with 235 feet of retail frontage along Starr Street. The restaurant and bar occupies 1,450 SF on the ground floor and 973 SF on the second floor, in addition to the rooftop and outdoor dining areas. Lease terms include annual increases ranging from 2.5% to 3%, with tenants responsible for portions of taxes and CAM. A 25-year ICAP Tax Abatement began in the 2020/2021 Tax Year and continues through the 2045/2046 Tax Year.
The property occupies the corner of Starr Street and Cypress Avenue in Brooklyn’s Bushwick neighborhood, with 235 feet of retail frontage along Starr Street. The restaurant and bar occupies 1,450 SF on the ground floor and 973 SF on the second floor, in addition to the rooftop and outdoor dining areas. Lease terms include annual increases ranging from 2.5% to 3%, with tenants responsible for portions of taxes and CAM. A 25-year ICAP Tax Abatement began in the 2020/2021 Tax Year and continues through the 2045/2046 Tax Year.
Key Highlights
- 26,025 SF retail property with 10 occupied tenant spaces
- 235 feet of retail frontage along Starr Street at Starr Street and Cypress Avenue
- 7,000 SF rooftop/outdoor area plus 321 SF of ground‑floor outdoor seating
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,363
Businesses Nearby
157k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 44%
Shops & Services 26%
Dining 17%
Home Improvements & Furnishings 5%
Western Beef
Groceries
25,623 visits/mo
0.5 miles
Key Food
Groceries
14,926 visits/mo
0.2 miles
Windsor Farms Market
Groceries
14,812 visits/mo
0.4 miles
BP
Shops & Services
14,392 visits/mo
0.5 miles
Bank of America
Shops & Services
12,018 visits/mo
0.5 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
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Shopping center - Ten retail occupants support a fully leased commercial property with restaurant, fitness, office, and outdoor-use components.
Where is this shopping center located?
The property is located at 321 Starr St Brooklyn, NY.
What are key features of this property?
This property features: 26,025 SF retail property with 10 occupied tenant spaces; 235 feet of retail frontage along Starr Street at Starr Street and Cypress Avenue; 7,000 SF rooftop/outdoor area plus 321 SF of ground‑floor outdoor seating
