Updated 4 hours ago
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Stanhope Foundry

196 Stanhope Street, RETAIL

Bushwick, Brooklyn | Park Ave & Myrtle Ave

Studio 1 Bath5,452 Square FeetCondo

$2,250,000
RE Taxes$1,125
Price Per SF
$413

Listing Features

  • Washer / Dryer
  • Convection Oven
  • Dishwasher
  • Open Kitchen
  • Heated Floors
  • Soaking Tub

Building Amenities

  • Virtual Doorman
  • Elevator
  • Playroom
  • Roof Deck
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok
  • No Smoking

Property Description for 196 Stanhope Street, RETAIL

New development condominium located in the heart of Bushwick, Brooklyn. This ground-floor retail condo presents an exceptional opportunity for owner/users or investors to secure a highly visible storefront in one of Bushwick’s most dynamic and vibrant corridors.  Situated steps from the L and M lines with strong pedestrian activity and surrounded by cafes, boutiques, galleries, and neighborhood amenities, the space is ideal for a variety of uses. The offering benefits from flexible build-to-suit options, and direct access to one of Brooklyn’s fast evolving commercial districts.  With limited retail inventory in newly developed mixed-use buildings and growing demand from local operators, this is a rare opportunity to establish a presence in a neighborhood defined by creativity, connectivity, and ongoing investment.

Listing History for 196 Stanhope Street, RETAIL

Now
10/26/2026
$2,250,000
Initial Price by May Ling Stella
Compass
Launch

Building Details for 196 Stanhope Street

OwnershipCondo
Building TypeLow-Rise
Service LevelVirtual Doorman
AgePost-War
AccessElevator
Year Built2026
Financing Allowed90%
Floors/Apts5/10
Learn More About the Building

Transit and Citi Bike

Subway

Knickerbocker Av
0.1 miles
DeKalb Av
0.31 miles
Central Av
0.36 miles
Myrtle-Wyckoff Avs
0.46 miles
Jefferson St
0.48 miles

Citi Bike

Stockholm St & Wilson Ave
0.11 miles
Greene Ave & Myrtle Ave
0.14 miles

Building Availability

APPSF
Median
Average
$944
$799,000
$1,063,800
Last 12 months
$1,110
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-

Studio in Bushwick

APPSF
Median
Average
$746
$450,000
$826,400
$944
$436,500
$436,500

Bushwick | Brooklyn

Quick Profile

As one of the most diverse neighborhoods in New York, Bushwick offers a perfect snapshot of just how multicultural the city is. Long-established as an amalgam of cultures and ethnicities, a wave of varying types of immigrants trickled in from the seventeenth to twentieth centuries, with Bushwick largely becoming a home to Hispanics of Puerto Rican and Dominican backgrounds by the latter part of the twentieth century. 

With the Bushwick Initiative of the mid-00s that aided in revitalization, it became an attractive area to young professionals and artists. And even now, Bushwick has sustained affordable rent prices where other North Brooklyn counterparts, like Williamsburg and Greenpoint, have become more expensive. Priding itself on the weird and the wacky, numerous art collectives thrive in this part of Brooklyn, once famously named the seventh coolest neighborhood in the world by Vogue. 

Though it has drawn in many tourists in recent years (there’s even a graffiti tour you can take from the Bushwick Collective), the neighborhood remains very much community-oriented, and has not been subject to quite the same sort of corporate infiltration phenomenon of its nearby Williamsburg environs. 

But yes, of course, Bushwick has come a very long way from its 80s and 90s reputation as being “The Well,” a nickname given to it for its free-flowing and widely available amount of drugs (quantity over quality being the cliche applied here). 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 2210324