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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
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | Build to Suit, Lease Option |
| Sale Type | Investment or Owner User |
| Sale Conditions | Build to Suit, Lease Option |
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.
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
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
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit RETAIL | 5,452 SF | Retail | $2,495,000 ($457.63/SF) | - |
Unit RETAIL
| Unit Size |
| 5,452 SF |
| Condo Use |
| Retail |
| Price |
| $2,495,000 ($457.63/SF) |
| NOI |
| - |
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Unit RETAIL
| Unit Size | 5,452 SF |
| Condo Use | Retail |
| Price | $2,495,000 ($457.63/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Conditions | Build to Suit, Lease Option |
| 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. <br> <br> 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. <br> <br> 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.<br> <br> 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.</li></ul> | |
| Sale Notes | |
| Build to Suit<br> <br> For Sale or Lease<br> <br> 13’ Ceilings<br> <br> 5,452 SF (2,880 SF above grade)<br> <br> Prime Bushwick Commercial off Knickerbocker<br> <br> $70+ SF Rents in the Area / Projected 7+ Cap<br> <br> New Development</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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196 Stanhope St - Stanhope Foundry - RETAIL CONDO
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