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196 Stanhope St - Stanhope Foundry - RETAIL CONDO 5,452 SF Retail Condo Unit Offered at $2,495,000 in Brooklyn, NY 11237
Executive Summary
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 / horne.team@compass.com with any questions, to set up a showing, or to make an offer.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
1 Unit Available
Unit RETAIL
| Unit Size | 5,452 SF | Condo Use | Retail |
| Price | $2,495,000 | Sale Type | Investment or Owner User |
| Price Per SF | $457.63 | Sale Conditions | Build to Suit |
| Unit Size | 5,452 SF |
| Price | $2,495,000 |
| Price Per SF | $457.63 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Sale Conditions | Build to Suit |
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 / horne.team@compass.com with any questions, to set up a showing, or to make an offer.
Sale Notes
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
+5 More
Exterior Blank - Entrance
Interior White Box1
Rendering - Restaurant - Entrance
Rear Interior to Front
Rendering - Restaurant - Interior
Front Interior to Rear
Rendering - Coffee Shop - Front Interior
Back Interior
Rendering - Record Shop - Rear
Floorplan
Nearby Major Retailers
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196 Stanhope St - Stanhope Foundry - RETAIL CONDO
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