
160 Atlantic Avenue
Prime Brooklyn Heights Retail
Marketing description
Marshall Real Estate LLC (“MRE”) has been exclusively retained to offer for sale the 100% fee simple interest in the Retail Condominium unit located at 160 Atlantic Avenue in the Brooklyn Heights neighborhood of Brooklyn, NY. The Property is currently configured as four separate retail storefronts that sit at the base of a boutique 20-unit condominium building on the corner of Atlantic Avenue and Clinton Street. The retail units are 100% leased to four different tenants with the flexibility to combine or reconfigure layouts in the future. The property offers approximately 2,714 Square Feet on the ground floor with an additional 1,300 square feet of basement space. The four storefronts are primely located in Brooklyn Heights, one of the most sought-after retail corridors for both investors and prospective tenants.
The Property is occupied by 4 different tenants; New Lamp, T Nail Spa, Dean Organik Market Inc., Color Haven and Jackie Demetro Physic Reading making the retail 100% leased to a diverse mix of quality neighborhood retailers. A highly visible corner location, the retail features 125’ of wraparound frontage, five entrances, designated signage and a retail friendly condominium documents that have no use restriction.
The offering features four prime storefronts in the heart of Brooklyn Heights, that sits on the Southeast corner of Atlantic Avenue and Clinton Street. The area encompasses the borough’s allure of best-in-class restaurants and shopping in one of the best retail corridors in Brooklyn. Brooklyn Heights is situated adjacent to Cobble Hill, Boreum Hill and Carroll Gardens, offers a harmonious blend of upscale living and a welcoming warm atmosphere that has attracted a wave of new residents to the area over recent years. Further the property is just a few blocks away from the 2, 3, 4, 5 and R trains at Borough Hall for immediate access to all of NYC. 160 Atlantic Avenue is being offered unencumbered of debt to qualified investors on an “As Is” basis only. All inquiries should be directed to Marshall Real Estate, LLC.
Investment highlights
• Prime Brooklyn Heights corner location
• Multiple storefronts with optionality to combine
• Diverse co-tenancy mix
• No tenant use restrictions
• 125’ of wrap-around frontage
• Accessible subway stations include the 2, 3, 4, 5 and R lines
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