Retail Condo on Smith Street Corner
209 Smith Street
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TerraCRG has been retained to exclusively represent ownership in the sale of the retail condo at 209 Smith Street in Cobble Hill.
The vacant space offers investors and tenants the opportunity to acquire 40 feet of frontage on the corner of Smith Street and Baltic Street, a prime location for commuter and residential traffic.
Totaling 5,600 SF, the retail condo offers 2,400 SF of above grade space, 800 SF of enclosed seating and a 2,400 SF basement.
This property offers a unique opportunity to acquire prime frontage in the heart of Cobble Hill bordered by Carroll Gardens, Brooklyn Heights, Boerum Hill and Downtown Brooklyn.
Smith Street is one of Brooklyn’s most heavily trafficked retail corridors with retail rents achieving between $150/SF to $200/SF. Nearby national tenants include Barney’s, Barnes & Noble, Urban Outfitters and Trader Joe’s.
The property is located three blocks from the F and G subway lines at Bergen Street and within walking distance of the 2, 3, 4, 5, and R trains at the Borough Hall/Court Street stations.