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498 Columbia St

Red Hook, Brooklyn, NY
Floors
1
Zoning
C1-3/R-6
Year Constructed
1929

Features

Onsite Parking

About 498 Columbia St

Tenants looking to rent office space in a busy retail environment or a spacious retail unit suitable as a quick-serve restaurant should consider 498 Columbia Street in New York’s Red Hook neighborhood.

The single story shopping center at 498 Columbia Street in New York provides tenants with a new storefront at the intersection of Columbia and Lorraine Streets. The property is located in the heart of the Red Hook community, where Ikea and Fairway supermarket have already settled in.

A new tenant moving into the available unit at 498 Columbia Street would join existing anchor tenants Fine Fare Supermarket, Sovereign Bank and 99 Dreams. This New York shopping complex was originally constructed in 1929, offering a gross leasable retail area of 40,000 square feet and 60,000 square feet of designated parking space.

The available unit comes with a zoning description of C1-3/R-6. This is the only neighborhood center servicing area in a neighborhood buzzing with vehicular and foot traffic from local residents. A bus stop is right outside the center, making it easy to commute.

The shopping center at 498 Columbia Street, New York, boasts colorful signage and a flat roof, large display windows with roll-up shutters and high ceilings.

Internet Providers for 498 Columbia St

Provider Technology Max Download Speed Max Upload Speed
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath Copper Wireline
25 Mb/s
25 Mb/s

The Neighborhood: Red Hook

On average, listings lease in the $50's per square foot per year. The Red Hook region is experiencing a an increase in rates. In the last 3 months, the median rate went up $37 per sqft per year. That's a 233% rise in rent.

Compared to the rest of the New York City market, the Red Hook submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Median Rate Median Size
Red Hook $53
/sqft/yr
5,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,330
sqft

Median Rate over Time in Red Hook