Property profile

172 Van Dyke St Brooklyn, NY 11231

OFF-MARKET
Retail properties & Spaces
27,000 SF Built 1949
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Property summary

AI-generated overview

This exceptional 3,000 square foot ground floor space, located at 172 Van Dyke Street in the vibrant Red Hook neighborhood of Brooklyn, Kings County, is now available for lease. Recently renovated in 2024, this property offers a unique blend of modern amenities and historical charm. The building, originally constructed in 1949, boasts a stunning high-end renovation, showcasing exposed brick, 19-foot ceilings, and an expansive all-glass and steel storefront. The space is incredibly versatile, suitable for a wide range of uses including retail, office, creative warehouse, venue, studio, or flex space. Multiple tenants are possible within the larger 27,000 square foot building. Its prime location in Red Hook, near Conover Street, places it within one of Brooklyn's most sought-after and dynamic areas. This is an unparalleled opportunity to secure a remarkable space in a thriving community. The property is classified as Retail, Office, and Industrial, with a Creative Office and Studio subtype.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1949
Total area 27,000 SF

Cap rate & NOI

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

Location

172 Van Dyke St Brooklyn, NY 11231
Brooklyn metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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