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209 Smith St
Brooklyn, NY 11201
Smith Street Corner Commercial Condo · Multifamily Property For Sale · 1 Unit

EXECUTIVE SUMMARY

TerraCRG has been retained to exclusively represent ownership in the sale of 209 Smith Street, a commercial condo located on the bustling Smith St retail corridor in the Brooklyn neighborhood of Cobble Hill. The retail condo has been occupied since 2019 by My Gym, a children’s fitness and development center with over 600 locations in more than 30 countries.   My Gym Cobble Hill offers a variety of activities/teaching such as independent gymnastics, dance and sports skills as well as the promotion of a healthy lifestyle for children aged 6 weeks to 10 years. Cobble Hill’s strong sense of community and high concentration of young families make it a perfect fit for My Gym, which also specializes in private events.   At the suggested pricing guidance, the roughly 4,233 SF retail condo is being offered at a ~6.3% cap rate and ~$685/SF. 209 Smith is ideally located two blocks from the F & G trains at Bergen St, a few blocks from Carroll Park and in very close proximity to some of the best restaurants and cafes that Brooklyn has to offer.

PROPERTY FACTS

No. Units 1
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.09 AC
Building Size 5,600 SF
No. Stories 2
Year Built 2000
APN / Parcel ID
00403-1101
  • 00403-1102
  • 00403-1107
  • 00403-1110
  • 00403-1111
  • 00403-7504
Zoning R6B, C2-4 - Medium density residential district

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 4 - 928
3+2 2 - 1,253
  • Listing ID: 36110964

  • Date on Market: 6/4/2025

  • Last Updated:

  • Address: 209 Smith St, Brooklyn, NY 11201

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