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    142 Montague St Brooklyn, NY 11201

    For Lease
    Contact for pricing

    2,100 SF, Ground Floor Retail/Office

    Lot size:
    2,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2,100 square foot commercial property at 142 Montague Street in Brooklyn, New York, presents a unique investment opportunity. Located in Kings County, zip code 11201, this property offers a versatile space ideal for a variety of businesses. The building features a ground floor retail/office space, perfect for a professional office or high-end retail establishment. The layout is currently configured as a single suite, offering flexibility for a single tenant or potential subdivision. The entire 2,100 square feet is currently vacant, providing immediate occupancy. The property's classification includes retail, office, and restaurant uses, suggesting a wide range of potential applications. The building's address is 142 Montague Street, situated in a vibrant and accessible location within Brooklyn. The property's multiple tenancy designation indicates potential for future expansion or division. Further enhancing its appeal is the inclusion of a second-floor restaurant space with an outdoor patio, adding significant value and potential for additional income streams. This presents a rare chance to acquire a substantial commercial space in a prime Brooklyn location. The property is ready for immediate occupancy and offers significant potential for growth and return on investment.

    Property Features for 142 Montague St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,100 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    2,100 SF

    HighLights

    • 2,100 SF commercial space at 142 Montague Street, Brooklyn, NY 11201.
    • Ground floor retail/office space, currently vacant and ready for immediate occupancy.
    • Versatile space suitable for retail, office, or restaurant use; includes a second‑floor restaurant space with outdoor patio.
    • Located in the heart of historic Montague Street in Brooklyn Heights, experiencing heavy seven‑day‑a‑week foot traffic.
    • Space can be vented for restaurant use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Best Health Insurance ... Health Insurance Agency Don Neo Fusion ... Japanese Restaurant

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery 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
    -73.9936374
    Latitude
    40.6944565

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    FAQs

    What type of property is this?
    Restaurant - 2,100 SF, Ground Floor Retail/Office
    Where is this restaurant located?
    The property is located at 142 Montague St Brooklyn, NY.
    What are key features of this property?
    This property features: 2,100 SF commercial space at 142 Montague Street, Brooklyn, NY 11201.; Ground floor retail/office space, currently vacant and ready for immediate occupancy.; Versatile space suitable for retail, office, or restaurant use; includes a second-floor restaurant space with outdoor patio.
    Request Owner's contact information
    142 Montague St 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
    142 Montague St Brooklyn, NY 11201
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