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30906860
30051617

196 Stanhope St, Brooklyn, NY 11237

MS
NY 10401386522
Compass
Compass Commercial - The Horne Team
Listed by Compass, Compass Commercial - The Horne Team
$2,495,000
92 days on market
Updated 89 days ago

196 Stanhope St - RETAIL

Details
Property Type Retail
Sub Type Bank, Storefront
Square Footage 2,880
Net Rentable (SqFt) 5,452
Units 1
Tenancy Vacant
Pro-Forma Cap Rate 7.68%
Pro-Forma NOI $1,915,945
Price per SqFt $866
Broker Co-Op Yes
Class A
Year Built 2025
Stories 1
Investment Type Owner/User

Prime Bushwick Retail for Sale or Lease

Marketing description

Compass has been retained on an exclusive basis to facilitate the sale or lease of the retail unit at 196 Stanhope St, a new development condominium located in the heart of Bushwick, Brooklyn. This ground-floor retail condo presents an exceptional opportunity for owner/users or investors to secure a highly visible storefront in one of Bushwick’s most dynamic and vibrant corridors.

Situated steps from the L and M lines with strong pedestrian activity and surrounded by cafes, boutiques, galleries, and neighborhood amenities, the space is ideal for a variety of uses. The offering benefits from flexible build-to-suit options, and direct access to one of Brooklyn’s fast evolving commercial districts.

With limited retail inventory in newly developed mixed-use buildings and growing demand from local operators, this is a rare opportunity to establish a presence in a neighborhood defined by creativity, connectivity, and ongoing investment.

Feel free to reach out to May Ling at 417-684-0391 / [email protected] with any questions, to set up a showing, or to make an offer.


Investment highlights

  • Build to Suit

  • For Sale or Lease

  • 13’ Ceilings

  • 5,452 SF (2,880 SF above grade)

  • Prime Bushwick Commercial off Knickerbocker

  • $70+ SF Rents in the Area / Projected 7+ Cap

  • New Development

Listing Contacts

MS
NY 10401386522
Compass
Compass Commercial - The Horne Team
Listed by Compass, Compass Commercial - The Horne Team

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Additional Information

Name
May Stella
License
10401386522
Brokerage
Compass
Title
Licensed Salesperson
Brokerage Address
10 East 53rd Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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