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    1633 16Th St Brooklyn, NY 11229

    For Lease
    Contact for pricing

    8,650 SF Shop, Kings County, NY

    Lot size:
    39,695 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail opportunity presents 8,650 square feet of vacant space within a larger 39,695 square foot building located at 1633 East 16th Street in the vibrant Brooklyn, New York neighborhood. Situated in Kings County, this single-tenant space offers significant potential for a variety of retail businesses. The property's strategic location provides excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and a strong customer base. The building itself boasts a substantial total square footage, indicating a well-established presence within the community. This lease opportunity allows for customization and adaptation to suit the specific needs of a prospective tenant. The address, 1633 East 16th Street, zip code 11229, provides easy access to major transportation routes and local amenities, further enhancing its appeal to both businesses and customers. This is a rare chance to secure a significant retail presence in a thriving Brooklyn location. The property is classified as a retail shop and is currently available for lease. The ample square footage provides flexibility for a wide range of retail concepts. Serious inquiries are encouraged to explore this exciting opportunity. The property is categorized as a single-tenant space, offering a unique and independent retail environment.

    Property Features for 1633 16Th St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    39,695 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    8,650 SF

    HighLights

    • 220 feet of street frontage.
    • Half‑block proximity to the Kings Highway Subway Station.
    • 46‑space private parking garage.
    • Excellent co‑tenancy with Michaels Arts & Crafts and Blink Fitness.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Daughrity LLC Air Conditioning Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9572906
    Latitude
    40.6099386

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    FAQs

    What type of property is this?
    Individual retail property - 8,650 SF Shop, Kings County, NY
    Where is this individual retail property located?
    The property is located at 1633 16Th St Brooklyn, NY.
    What are key features of this property?
    This property features: 220 feet of street frontage.; Half-block proximity to the Kings Highway Subway Station.; 46-space private parking garage.
    Request Owner's contact information
    1633 16Th St Brooklyn, NY 11229
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    Brooklyn, NY 11229
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1633 16Th St Brooklyn, NY 11229
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