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Renovated Retail Building in Bushwick
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981 Halsey St, Brooklyn, NY 11207

Fully leased, renovated retail building in prime Bushwick location.

Property Size625 SF
Price / SF$1,760
Days on Market1484

Property Features for 981 Halsey St

General Information

Standard status Active
Size 625 SF
Property subtype Retail
Zoning R6, C1-3
Occupancy 100%
Lease Type Modified Gross
Investment Type Value Add
Net Operating Income $44,992

Building Details

Year Built 1925
Stories 1
Units 2
Listing Agency: Premiere Property Group, LLC
Listed By: Shawn Sadaghati · License #NY
Source: Crexi
Added: Aug 3, 2022 Changed: Aug 23 Last Checked: Aug 23 at 12:05PM

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 Premiere Property Group, LLC

Investment Insights

Based on property information with market context.

The property at 981 Halsey Street in Brooklyn, NY, is a single-story commercial building located in the Bushwick neighborhood. The newly renovated property features two fully leased retail units with a combined size of 625 square feet. One unit is occupied by a hair salon with three years remaining on the lease. The second unit is leased to a convenience store for five years. Both units have undergone extensive renovations, including a new storefront, bathroom, and flooring. The property also features a full basement, a new roof installation, and a freshly painted exterior. Situated in a commercial corridor, the property offers visibility and is located near the J subway station. The location provides access to shopping and dining options on Broadway. The property is intended for commercial use.

Key Highlights

  • Fully leased commercial building with two retail units, providing immediate income.
  • Prime location in the desirable Bushwick neighborhood of Brooklyn, near the J subway station.
  • Newly renovated property including new storefront, bathroom, and flooring in both units.

Property Analytics

Current Use

Samir Hair Braiding Hair Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic 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.

Location Intelligence

Trade Area within ½ mile

3,390
Businesses Nearby
98k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 73% Groceries 21% Electronics 4% Apparel 3%
McDonald's Dining
27,191 visits/mo 0.4 miles
Dunkin' Donuts Dining
23,220 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
13,615 visits/mo 0.1 miles
Key Food Supermarkets Groceries
13,604 visits/mo 0.1 miles
Marketplace of Bushwick Groceries
6,662 visits/mo 0.4 miles

Demographics for 11207, NY

100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Retail space - Fully leased, renovated retail building in prime Bushwick location.
Where is this retail space located?
The property is located at 981 Halsey St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Fully leased commercial building with two retail units, providing immediate income.; Prime location in the desirable Bushwick neighborhood of Brooklyn, near the J subway station.; Newly renovated property including **new storefront, bathroom, and flooring in both units**.
(917) 796-7475 Call to check price and availability
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