161 12Th StBrooklyn, NY 11215
- Retail properties
- 484 SF
Property Details for 161 12Th St
- Property size (Sq ft)
- 484 SF
- Property type
- Retail properties
- Property subtype
- Office properties
Description
This exceptional 484-square-foot commercial condo in Brooklyn's Gowanus neighborhood presents a unique investment opportunity. Located on a bustling corner, this newly constructed property boasts 50 feet of street frontage and oversized windows, maximizing visibility and natural light. The sleek, contemporary design features imported custom cabinetry, custom lighting, and polished flooring. The interior includes a fully equipped kitchen and bathroom, along with WiFi, cameras, and an alarm system. This six-story building sits on a 3,000-square-foot lot, with 8-10 foot ceilings. The property is conveniently located near multiple subway and bus lines, Atlantic Terminal, Union Market, and Grand Army Plaza, ensuring high foot traffic and strong rental potential. Previously used as an art gallery and event space, it can be delivered vacant. Low common charges of $181 per month further enhance its appeal. This is an ideal property for both investors and business owners seeking a prime location in a thriving Brooklyn neighborhood, offering a potential cap rate exceeding 7%. The asking price is $598,000.
Location Insight
- City
- Brooklyn
- County
- Kings (Brooklyn)
- State
- New York
- Latitude
- 40.6696
- Longitude
- -73.9922
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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