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    OFF-MARKET
    Retail properties & Spaces

    445 Albee Sq, Brooklyn, NY 11201

    1,883,805 SF
    Property ID
    Property summary
    AI-generated overview

    City Point, located at 445 Albee Square West in Brooklyn, NY 11201, offers a unique opportunity for businesses seeking retail space in a vibrant, high-traffic location. This Kings County property boasts a total of 1,883,805 square feet, encompassing 19 individual suites. The available space ranges from a minimum of 951 square feet to a maximum contiguous space of 17,244 square feet, providing flexibility for various business needs. Currently, 76,246 square feet of retail space is vacant. City Point is the largest food, shopping, and entertainment destination in Downtown Brooklyn, attracting a diverse clientele including families, shoppers, professionals, and the arts community. This prime location offers unparalleled exposure and access to a large and diverse customer base. The property's strategic location within the bustling heart of Downtown Brooklyn ensures high visibility and foot traffic, making it an ideal location for a variety of retail businesses. The diverse community surrounding City Point provides a rich and dynamic market for businesses of all types. This is an exceptional opportunity to establish a presence in one of Brooklyn's most sought-after retail destinations.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 1,883,805 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
    • Pierogi Boys Restaurant
    • Wiki Wiki Restaurant
    • Eight Turn Crepe Fast Food Restaurant Ice Cream Shop
    • Chicks Isan Restaurant
    • The Showroom Bakehouse Bakery Specialty Food Shop
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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