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Williamsburg Renovated Office and Retail
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97 S 3rd St, Brooklyn, NY 11249

Renovated office and retail spaces in Williamsburg, Brooklyn.

Space Size1,855 SF - 2,177 SF
Days on Market954

Property Features for 97 S 3rd St

General Information

Standard status Active
Size 1,855 SF - 2,177 SF
Property subtype Retail

Building Details

Tenancy Multiple

Spaces For Lease

at 97 S 3rd St Contact us

Ground

Size
1,855 SF
Availability
Active
Contact us

Ground

Size
2,177 SF
Availability
Active
Contact us
Listing Agency: MOD CRE
Listed By: Meyer Dagmy · License #NY 10491211186
Source: Crexi
Added: Jan 28, 2024 Changed: Sep 7 Last Checked: Sep 8 at 5:16AM

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 MOD CRE

Investment Insights

Based on property information with market context.

Located at 97-99 South 3rd Street in Brooklyn, this property offers renovated office spaces. The available spaces range from 1,853 to 2,177 square feet. The property is situated steps from the East River and the Williamsburg Bridge. It is ideal for office users, and select retail uses will be considered. The property is reasonably priced.

Key Highlights

  • Renovated office spaces in Williamsburg.
  • Located steps from the East River and Williamsburg Bridge.
  • Sizeable spaces available, ranging from 1,853 – 2,177 SF.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Adult Day Care Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,482
Businesses Nearby

Demographics for 11249, NY

42,024
Population
18,958
Households
2.2
Avg Household Size
31
Median Age
59%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
60,034
Density / Sq Mi
$121,400
Median Household Income
$81,638
Median Earnings
$2,982
Median Rent
$1,326,700
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$40.88 /SF/Yr
Avg Asking Price
$9.28–$150 /SF/Yr
Price Range
4,226 SF
Avg Space Size

This space is priced 2% below the average of $40.88 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Renovated office and retail spaces in Williamsburg, Brooklyn.
Where is this office units located?
The property is located at 97 S 3rd 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: Renovated office spaces in Williamsburg.; Located steps from the East River and Williamsburg Bridge.; Sizeable spaces available, ranging from 1,853 – 2,177 SF.
More about this property
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