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    FOR LEASE
    Retail residential properties

    170 Marcy Ave, Brooklyn, NY 11211

    6,652 SF 0.05 ac lot Built 2022
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US63-2020579
    Property summary
    AI-generated overview

    This exceptional 4,000-square-foot commercial space is situated in a brand-new building at 170 Marcy Avenue, Brooklyn, NY 11211. Located in the heart of Williamsburg, this single-tenant property offers unparalleled flexibility. The space is suitable for a variety of uses, including retail, traditional office, or even a creative studio. Its modern construction boasts high-end finishes, creating a sophisticated and inviting environment. The 4,000 square feet can be divided to accommodate specific business needs, offering a customizable layout to perfectly suit your operational requirements. Williamsburg's vibrant culture, thriving culinary scene, and bustling retail landscape provide an ideal backdrop for any business seeking a high-profile location. This property presents a unique opportunity to establish a presence in one of Brooklyn's most sought-after neighborhoods. The address is easily accessible, benefiting from excellent visibility and convenient transportation links. This is a rare chance to secure a first-level space in a newly constructed building within this dynamic area. The property's size and adaptability make it an attractive option for businesses of various scales and industries.

    Property profile
    Verified
    Property type Retail residential properties
    Use group STORES & APARTMENTS
    Year built 2022
    Total area 6,652 SF
    Lot 0.05 ac (2,081 SF)
    Zoning code C4-3
    APN 02460-0027
    UPID US63-2020579
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.82M
    Owner & transaction history
    170 Marcy Ave LLC · 7 yrs held
    170 Marcy Ave LLC
    since 2019
    4 recorded transactions
    2019
    1969
    1969
    1969
    Zoning & alternative use
    C4-3 · Brooklyn, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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