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117 14th St 6,150 SF 100% Leased Industrial Building Brooklyn, NY 11215 $4,700,000 ($764.23/SF) 2.45% Cap Rate
Executive Summary
117 14th Street presents a rare opportunity to acquire a free-standing, two-story commercial building in the highly sought-after Park Slope / Gowanus corridor, one of Brooklyn’s strongest long-term appreciation markets.
Investment Highlights
• Strategic Location: Situated at the intersection of Park Slope and Gowanus, benefiting from strong residential density, increasing commercial demand, and continued neighborhood revitalization.
• Flexible Commercial Footprint:
• Ground floor: Open layout suitable for retail, showroom, warehouse, light industrial, or creative commercial use.
• Second floor: Office configuration with kitchenette, full bath, and access to a private roof deck, allowing for executive, creative, or mixed commercial use.
• Value-Add Potential: Opportunity to re-tenant, modernize, or reconfigure the space to achieve higher market rents.
• Strong Fundamentals: High visibility on 14th Street, excellent accessibility to major subway lines.
• Long-Term Upside: Located near one of Brooklyn’s most transformative rezoning areas, with continued demand from creative, retail, and professional tenants.
Ideal For
• Commercial investors seeking cash flow with upside
• Owner-users looking for a hybrid investment
• Developers targeting future repositioning or redevelopment
• Investors seeking inflation-resistant assets in core Brooklyn
Investment Highlights
• Strategic Location: Situated at the intersection of Park Slope and Gowanus, benefiting from strong residential density, increasing commercial demand, and continued neighborhood revitalization.
• Flexible Commercial Footprint:
• Ground floor: Open layout suitable for retail, showroom, warehouse, light industrial, or creative commercial use.
• Second floor: Office configuration with kitchenette, full bath, and access to a private roof deck, allowing for executive, creative, or mixed commercial use.
• Value-Add Potential: Opportunity to re-tenant, modernize, or reconfigure the space to achieve higher market rents.
• Strong Fundamentals: High visibility on 14th Street, excellent accessibility to major subway lines.
• Long-Term Upside: Located near one of Brooklyn’s most transformative rezoning areas, with continued demand from creative, retail, and professional tenants.
Ideal For
• Commercial investors seeking cash flow with upside
• Owner-users looking for a hybrid investment
• Developers targeting future repositioning or redevelopment
• Investors seeking inflation-resistant assets in core Brooklyn
Property Facts
Amenities
- Atrium
- Mezzanine
- Skylights
- Roof Terrace
- Storage Space
- Breakroom
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- DBS Iron Works
- Wholesaler
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| DBS Iron Works | Wholesaler | - | - | - |
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Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (91)
Property Taxes
| Parcel Number | 01032-0042 | Improvements Assessment | $320,850 |
| Land Assessment | $29,700 | Total Assessment | $350,550 |
Property Taxes
Parcel Number
01032-0042
Land Assessment
$29,700
Improvements Assessment
$320,850
Total Assessment
$350,550
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Strong Luxury Real Estate Inc
117 14th St
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