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    166 Smith St Brooklyn, NY 11201

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    For Lease
    Contact for pricing

    2,700 SF Street Retail in Brooklyn

    Lot size:
    2,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,700 square foot retail space, located at 166 Smith Street in the vibrant heart of Brooklyn, New York, presents a unique opportunity for a single tenant. Situated in Kings County, this property offers a versatile layout ideal for a variety of retail or medical uses. The entire space is currently vacant, providing immediate occupancy for a prospective business. The address, 166 Smith Street, boasts high visibility and foot traffic, ensuring maximum exposure for your enterprise. The property's classification as "Street Retail" and "Medical" indicates its suitability for a broad range of businesses, from boutiques and cafes to medical offices and clinics. With its convenient location in the 11201 zip code, this property benefits from excellent accessibility and proximity to various amenities and transportation options. The single-tenant occupancy ensures complete control and customization of the space to perfectly suit your business needs. This is a rare opportunity to secure a prominent retail location in a thriving Brooklyn neighborhood. The property's size and location make it an attractive investment for businesses seeking a high-impact presence in a dynamic market. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 166 Smith St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,700 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    2,700 SF

    HighLights

    • High‑profile corner location on Smith Street's vibrant restaurant and boutique corridor.
    • 120‑foot wraparound street frontage.
    • Suitable for a variety of high‑quality, non‑food uses.
    • Dispensaries are not permitted.
    Property Profile Location Intelligence

    Current Use by Public Records

    Glowbar Cobble Hill Facial Spa

    Suggested Use

    Law Firm Restaurant 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
    -73.9912212
    Latitude
    40.6860196

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    FAQs

    What type of property is this?
    Individual retail property - 2,700 SF Street Retail in Brooklyn
    Where is this individual retail property located?
    The property is located at 166 Smith St Brooklyn, NY.
    What are key features of this property?
    This property features: High-profile corner location on Smith Street's vibrant restaurant and boutique corridor.; 120-foot wraparound street frontage.; Suitable for a variety of high-quality, non-food uses.
    Request Owner's contact information
    166 Smith 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
    166 Smith St Brooklyn, NY 11201
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