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    OFF-MARKET
    Retail properties & Spaces

    161 12Th St, Brooklyn, NY 11215

    484 SF Built 2019
    Property ID
    Property summary
    AI-generated overview

    This exceptional 484-square-foot commercial condo, built in 2019, presents a unique investment opportunity in the thriving Gowanus, Brooklyn neighborhood. Located on a bustling corner, this single-tenant space boasts 50 feet of prime street frontage, ensuring maximum visibility for your business. The ground-floor unit is part of a newly constructed building and features a sleek, contemporary design with an impressive facade and oversized windows that bathe the interior in natural light. The interior is thoughtfully appointed with custom cabinetry, custom lighting, a fully equipped kitchen, and a bathroom. Modern amenities include WiFi, security cameras, and an alarm system. The high ceilings, ranging from 8 to 10 feet, add to the spacious feel. The property sits on a 3,000-square-foot lot and is conveniently located near various subway and bus lines, guaranteeing excellent accessibility and foot traffic. Its proximity to landmarks like Atlantic Terminal, Union Market, and Grand Army Plaza further enhances its appeal. Previously used as an art gallery and event space, this versatile property is available vacant and is ideal for a variety of retail or office uses. This is a rare chance to own a stylish and functional commercial space in one of Brooklyn's most dynamic areas.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2019
    Total area 484 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Gowanus Gallery by Larisa Art Studio Art Gallery
    • 161 12th Street Condominium Complex
    • Gowanus Gallery by Larisa - CERAMICS Studio Art Gallery Art Studio
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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