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    445 Albee Sq Brooklyn, NY 11201

    Sponsored
    For Lease
    Contact for pricing

    Prime Brooklyn retail, multiple suites available

    Lot size:
    1,883,805 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    City Point, located at 445 Albee Square West in Brooklyn, NY 11201, offers a unique opportunity for businesses seeking retail space in a vibrant, high-traffic location. This Kings County property boasts a total of 1,883,805 square feet, encompassing 19 individual suites. The available space ranges from a minimum of 951 square feet to a maximum contiguous space of 17,244 square feet, providing flexibility for various business needs. Currently, 76,246 square feet of retail space is vacant. City Point is the largest food, shopping, and entertainment destination in Downtown Brooklyn, attracting a diverse clientele including families, shoppers, professionals, and the arts community. This prime location offers unparalleled exposure and access to a large and diverse customer base. The property's strategic location within the bustling heart of Downtown Brooklyn ensures high visibility and foot traffic, making it an ideal location for a variety of retail businesses. The diverse community surrounding City Point provides a rich and dynamic market for businesses of all types. This is an exceptional opportunity to establish a presence in one of Brooklyn's most sought-after retail destinations.

    Property Features for 445 Albee Sq

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,883,805 SF

    Unit(s) available at that property

    Space
    Retail 124A
    Size
    951 SF
    Space
    Retail 124B
    Size
    1,062 SF
    Space
    Retail 134A
    Size
    1,542 SF
    Space
    Retail 134B
    Size
    1,144 SF
    Space
    Sapce 132
    Size
    5,016 SF
    Space
    Retail B
    Size
    1,584 SF
    Space
    Retail 114
    Size
    1,605 SF
    Space
    Suite 116
    Size
    998 SF
    Space
    Retail 118
    Size
    1,939 SF
    Space
    Retail 120
    Size
    2,014 SF
    Space
    Retail 122
    Size
    1,151 SF
    Space
    Retail M-106C
    Size
    2,078 SF
    Space
    Retail G102C
    Size
    9,191 SF
    Space
    Retail M-100
    Size
    4,410 SF
    Space
    Retail M-102A
    Size
    1,369 SF
    Space
    Retail M-106B
    Size
    2,548 SF
    Space
    3rd Floor
    Size
    10,000 SF
    Space
    4th Floor Suite 4A
    Size
    17,244 SF
    Space
    4th Floor Suite 4B
    Size
    10,400 SF

    HighLights

    • Downtown Brooklyn location.
    • Retail space available for lease.
    • Urban retail property.
    • 1,883,805 square feet total; 76,246 square feet currently vacant; suites range from 951 to 17,244 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pierogi Boys Polish Restaurant Wiki Wiki Hawaiian Restaurant Eight Turn Crepe Dessert Restaurant Chicks Isan Thai Restaurant The Showroom Bakehouse Bakery

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -73.9833124
    Latitude
    40.6907091

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    FAQs

    What type of property is this?
    Retail property - Prime Brooklyn retail, multiple suites available
    Where is this retail property located?
    The property is located at 445 Albee Sq Brooklyn, NY.
    What are key features of this property?
    This property features: Downtown Brooklyn location.; Retail space available for lease.; Urban retail property.
    Request Owner's contact information
    445 Albee Sq Brooklyn, NY 11201
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    Brooklyn, NY 11201
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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
    445 Albee Sq Brooklyn, NY 11201
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