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    81 Prospect St Brooklyn, NY 11201

    Sponsored
    For Lease
    Contact for pricing

    Prime DUMBO retail space, 7,000 sq ft, high ceilings.

    Lot size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 7,000-square-foot retail space at 81 Prospect Street in DUMBO, Brooklyn, presents a unique opportunity for businesses seeking a vibrant and dynamic location. Located in a Class B, nine-story building, this single-tenant property offers a spacious, open floor plan ideal for showrooms, boutiques, galleries, or cafes. The space boasts abundant natural light from large windows, creating an airy and inviting atmosphere. High ceilings further enhance the open feel, while the easily customizable layout allows for flexible adaptation to various business needs. Ground-floor access ensures convenient customer access and high foot traffic. The property's DUMBO location offers unparalleled access to a thriving cultural hub, renowned for its artistic energy, tech scene, and stunning Manhattan skyline views. Nearby attractions include Brooklyn Bridge Park, Jane's Carousel, numerous art galleries, trendy shops, and restaurants. Excellent transportation options include proximity to the F, A/C subway lines, the East River Ferry, and the Brooklyn-Queens Expressway (BQE), ensuring easy commutes for employees and clients. This property is perfect for businesses seeking a blend of historic charm and modern innovation in one of New York City's most sought-after neighborhoods.

    Property Features for 81 Prospect St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF
    Class
    B

    Building Details

    Stories
    9

    Unit(s) available at that property

    Space
    Size
    7,000 SF

    HighLights

    • 7,000 SF retail space at 81 Prospect Street, DUMBO, Brooklyn.
    • Located in a Class B, nine‑story building.
    • Single‑tenant occupancy with open floor plan, ideal for various uses.
    • Abundant natural light and high ceilings.
    • Ground‑floor access with high foot traffic.
    • Prime DUMBO location near transportation (F, A/C subway, East River Ferry, BQE) and attractions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Art First Business ... Business Management Consultant Cohabs Coworking Space GnS Industries Inc. Business Management Consultant AWESTRUCK Marketing Group ... Marketing Agency Entermedia LLC - Brooklyn ... Website Designer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9873638
    Latitude
    40.7008018

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    FAQs

    What type of property is this?
    Retail property - Prime DUMBO retail space, 7,000 sq ft, high ceilings.
    Where is this retail property located?
    The property is located at 81 Prospect St Brooklyn, NY.
    What are key features of this property?
    This property features: 7,000 SF retail space at 81 Prospect Street, DUMBO, Brooklyn.; Located in a Class B, nine-story building.; Single-tenant occupancy with open floor plan, ideal for various uses.
    Request Owner's contact information
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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
    81 Prospect St Brooklyn, NY 11201
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