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Property profile

0 Withheld Withheld Rd Brooklyn, NY 11229

OFF-MARKET
Retail properties & Spaces
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4,480 SF Built 1928

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1928
Total area 4,480 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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