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Property profile

22 Old Fulton St Brooklyn, NY 11201

OFF-MARKET
Retail properties & Spaces
View Sample
1,850 SF

Property summary

AI-generated overview

This exceptional retail property in the vibrant Dumbo neighborhood of Brooklyn, New York offers 1,850 square feet of space, ideally suited for a restaurant or similar establishment. Located at 22 Old Fulton Street, zip code 11201, this Kings County property features two available suites, providing flexibility for various business needs. The minimum divisible space is 500 square feet, while the maximum contiguous space available is 1,350 square feet. Currently, the entire 1,850 square feet is vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for two separate businesses to lease individual suites. The property's prime location in Dumbo ensures high visibility and foot traffic, making it an attractive proposition for businesses seeking a thriving commercial environment. This is a rare opportunity to establish a presence in one of Brooklyn's most sought-after neighborhoods. The property is classified as retail, with a restaurant subtype, and is situated in a dynamic area with excellent access to transportation and amenities. The building's total square footage is 1,850 square feet, divided into two suites. This property is available for lease.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,850 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

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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