0 Withheld Withheld Rd, Brooklyn, NY 11229
This exceptional 4,480 square foot retail space, located at Withheld Withheld Road in Brooklyn, NY 11229, presents a unique investment opportunity. Situated in a C4-48 zoned area of Kings County, this single-tenant property boasts a prime location. The building, constructed in 1928, features three stories and offers a versatile layout perfect for a variety of uses. The space includes a fully renovated dance studio with hardwood floors, newly painted walls, bright lighting, and two modern bathrooms. A welcoming waiting area is equipped with a modern reception desk and chairs, and a grand piano adds a touch of elegance. Additional amenities include a beautiful balcony/porch area, ideal for outdoor events, and a screen suitable for movie screenings or slideshow presentations. The high ceilings, ranging from 11 to 15 feet, contribute to the spacious feel. An office space is also available, potentially for shared use. The property's ample size makes it suitable for various functions, including children's or adult parties, dance or exercise classes (yoga, ballet, karate), concerts, and large meetings. The entire 4,480 square foot lot is available for lease. Subleasing options are available at hourly rates ranging from $100 to $200. This property offers a rare combination of character, modern amenities, and versatile space in a vibrant Brooklyn neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.