116 Montague St Brooklyn, NY 11201
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 116 Montague St
- Property type
- Retail properties
Description
This exceptional retail space, located on Montague Street between Henry and Hicks Streets in Brooklyn Heights, offers 1,900 square feet of prime commercial real estate. Currently occupied by Mattress Firm, the property boasts a rich history as a former restaurant, complete with an existing gas line and grease trap, making it ideal for a variety of food-related businesses. The space features high ceilings (15 feet on the ground floor and 8 feet in the full basement), a functional HVAC system on both levels, and a sprinkler system, ensuring safety and comfort. With a prominent 25-foot frontage, this location benefits from the high foot traffic characteristic of this vibrant Brooklyn Heights corridor. Surrounding businesses include well-known brands such as Starbucks, Chase, Chipotle, Kiehl's, and many others, creating a strong and established commercial environment. The asking rent is $20,000 per month, and immediate possession is available. All uses will be considered. The basement adds significant additional square footage to this already impressive offering.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9949
- Latitude
- 40.6947
