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    348 Troutman St Brooklyn, NY 11237

    Sponsored
    For Lease
    $40 SF/Yr

    Two spaces available, 7,791-10,352 sq ft

    Lot size:
    18,143 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Brooklyn retail property, located at 348 Troutman Street and 199 Starr Street, offers two distinct spaces totaling 7,791 to 10,352 square feet, each including a 650-square-foot mezzanine. Boasting 100 feet of frontage on Troutman Street and 86 feet on Starr Street, this block-through retail space provides unparalleled visibility and accessibility. The property features high ceilings, a fully accessible rooftop ideal for private events, and a complete sprinkler system. Logical divisions of the space can be considered to accommodate various tenant needs. This high-traffic location benefits from the proximity to the L train at Wyckoff Avenue, boasting an annual ridership exceeding 3 million. Surrounded by thriving businesses including House of Yes, Brooklyn Made, Union Pizza Works, and many others, this property is perfectly situated for a variety of uses, including food and beverage establishments, entertainment venues, fitness centers, production facilities, and event spaces. Immediate possession is available. Asking rent is available upon request.

    Property Features for 348 Troutman St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,143 SF

    Unit(s) available at that property

    Space
    Space A
    Size
    7,791 SF
    Rate per SF
    $40
    Space
    Space B
    Size
    10,352 SF
    Rate per SF
    $40

    HighLights

    • Exceptional Brooklyn retail property at 348 Troutman Street & 199 Starr Street, offering 7,791‑10,352 square feet total, including two 650 sq ft mezzanines.
    • 100' Troutman Street frontage and 86' Starr Street frontage provide high visibility in a block‑through retail space.
    • Features high ceilings, a fully accessible rooftop, and a complete sprinkler system.
    • High‑traffic location near the L train (Wyckoff Ave. station, >3 million annual ridership), surrounded by thriving businesses.
    • Suitable for various uses including food & beverage, entertainment, fitness, production, and events; immediate possession available; asking rent upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    MaMa Leather Clothing Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market 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
    -73.9240185
    Latitude
    40.7051491

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    FAQs

    What type of property is this?
    Retail property - Two spaces available, 7,791-10,352 sq ft
    Where is this retail property located?
    The property is located at 348 Troutman St Brooklyn, NY.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: Exceptional Brooklyn retail property at 348 Troutman Street & 199 Starr Street, offering 7,791-10,352 square feet total, including two 650 sq ft mezzanines.; 100' Troutman Street frontage and 86' Starr Street frontage provide high visibility in a block-through retail space.; Features high ceilings, a fully accessible rooftop, and a complete sprinkler system.
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    Brooklyn, NY 11237
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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
    348 Troutman St Brooklyn, NY 11237
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