Brooklyn Heights Retail
For Lease
Contact for pricing
116 Montague St, Brooklyn, NY 11201
High-visibility retail space in Brooklyn Heights' busiest commercial corridor.
Space Size1,900 SF
Days on Market1050
Property Features for 116 Montague St
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Retail
Building Details
Tenancy
Multiple
Spaces For Lease
at 116 Montague St Contact us- Size
- 1,900 SF
- Availability
- Active
Ground
Listing Agency:
MOD CRE
Listed By:
Meyer Dagmy · License #NY 10491211186
Source:
Crexi
Added: Oct 25, 2023
Changed: Sep 6
Last Checked: Sep 8 at 5:53AM
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 MOD CRE
Investment Insights
Based on property information with market context.
Located on Montague Street between Henry and Hicks Streets in Brooklyn Heights, this retail space offers a prime opportunity in a high-traffic location. The property features 1,900 square feet on the ground floor, complemented by a full basement with 8-foot ceilings. The ground floor boasts 15-foot high ceilings and 25 feet of prominent frontage. Previously a restaurant and currently operating as a Mattress Firm, the space includes an existing gas line and grease trap. It is fully sprinklered and equipped with HVAC on both floors. The space is suitable for various uses, including food and beverage, fitness, retail, or boutique services. Immediate possession is available. Neighboring tenants include Starbucks, Chipotle, Chase, Kiehl’s, CityMD, Haagen-Dazs, Juice Press, UPS, WundaBar, Key Food, and Chama Mama.
Key Highlights
- High foot traffic location in the heart of Brooklyn Heights' busiest commercial corridor.
- 1,900 SF Ground Floor + Full Basement provides ample space.
- 25 ft of prominent frontage offers excellent visibility.**
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$18.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
11,094
Businesses Nearby
255k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 35%
Dining 25%
Hotels & Casinos 19%
Shops & Services 14%
Trader Joe's
Groceries
62,148 visits/mo
0.4 miles
New York Marriott at the Brooklyn Bridge
Hotels & Casinos
48,622 visits/mo
0.4 miles
Key Food - Atlantic Avenue
Groceries
21,965 visits/mo
0.4 miles
PetSmart
Shops & Services
18,203 visits/mo
0.5 miles
McDonald's
Dining
17,028 visits/mo
0.4 miles
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
$52.11 /SF/Yr
Avg Asking Price
$8.63–$107 /SF/Yr
Price Range
3,891 SF
Avg Space Size
This space is priced 142% above the average of $52.11 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - High-visibility retail space in Brooklyn Heights' busiest commercial corridor.
Where is this retail space located?
The property is located at 116 Montague St Brooklyn, NY.
What is the lease rate?
The lease rate is $126 SF/Yr.
What are key features of this property?
This property features: High foot traffic location in the heart of Brooklyn Heights' busiest commercial corridor.; 1,900 SF Ground Floor + Full Basement provides ample space.; 25 ft of prominent frontage offers excellent visibility.**
