160 Imlay Street

Our team has been retained on an exclusive basis to solicit the sale or lease of five large retail condos at 160 Imlay Street on the burgeoning Red Hook Waterfront. Featuring 12' to 16' ceilings throughout, stunning skyline and water views, floor-to-ceiling windows, and multiple potential configurations, these wide-open spaces range from 1,412 to 8,242 SF and can be bought as a package of 15,656 SF of above-grade retail. 160 Imlay underwent a residential conversion on the third through sixth floors with all 70 residential units having sold quickly, underscoring demand for the area. With the recent announcement of the "Harbor of the Future," a massive mixed-use development of the contiguous 122-acre Brooklyn Marine Terminal, Red Hook and 160 imlay in particular is on its way to be one of the premier destinations in New York City. There are multiple uses that would work well here depending on how much space you need, ranging from classic retail on the smaller spaces, large-scale class-based activities such as a school, yoga studio, or gym, as well as event-oriented concepts that would benefit from the open layouts and striking views. Note that the retail could also be combined with the seven office condos on the second floor that are potentially going to be converted to residential and total 20,810 SF (36,466 SF between both floors) as well as 21 parking spaces. Feel free to reach out with any questions, to set up a showing, or to make an offer.

Courtesy of Compass

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