429 Warren St
Brooklyn, NY 11217
Retail Property For Sale

RIPCO Investment Sales has been exclusively retained to arrange for the sale of 191 Bond Street in the Gowanus neighborhood of Brooklyn, NY.
The property comprises a three-story 3,220 GSF brick mixed-use building on the corner of Bond and Warren Street. The building is configured as two (2) free-market apartments above a ground floor retail space, plus a rear garage extension with a curb cut on Bond Street.
The property carries considerable value-add potential as units are renovated and brought to market rate upon turnover. This could potentially yield an asset with a gross revenue north of $191,000 per year. The property’s current Tax Class 1 designation limits future tax increases.
191 Bond is in an unbeatable central location. The shops and train station at Atlantic Terminal / Barclay Center are just 8 blocks away, while the F and G train at Bergen St is just 3 block away.
The property is in the heart of unprecedented development activity in Gowanus, where dozens of new developments and a growing variety of shops, bars, restaurants and other amenities are coming to the immediate neighborhood.
191 Bond Street is an excellent owner/operator asset with tremendous value-add potential in a market undergoing rapid transformation.