181 Montague Street offers the rare opportunity to own stabilized cash-flowing retail in a landmarked
building located along the historic Montague Street Bank Row in Brooklyn Heights. The Property is located
on the north side of Montague Street, in between Clinton Street and Court Street. 181 Montague Street is net
leased to the national credit tenant TD Bank and totals ~10,000 SF. The Property is perfectly located along
the most trafficked area of the Montague Street retail corridor which services the surrounding neighborhood
as well as Downtown Brooklyn. Brooklyn Heights has emerged as one of the top neighborhoods in all of
NYC. Transportation access, neighborhood feel, and Manhattan-like amenities are just a few reasons for
this surge in demand. As overall popularity has grown in Brooklyn Heights, so has the residential and retail
market, with per foot rentals in the residential market leasing north of $100 / SF and luxury condos selling
above $2,000 SF. Neighborhood retail favorites in Brooklyn Heights include Felice, Ingas Bar, Dellarocco’s,
and L’Appartement 4F. Adjacent tenants to the Property (between Clinton Street and Court Street) include
Gregory’s Coffee, Barry’s Fitness, Flushing Bank, Santander Bank, Chipotle, Citizens Bank, and Chase Bank
As demographics within the neighborhood continue to strengthen, so will the migration of retailers, as it has
already become a top retail market in all of New York City.