Steep real estate: How a few steps can cost tens of thousands of dollars on Montague Street

In Brooklyn Heights, the cost of commercial real estate on Montague Street is heavily influenced by a storefront's physical elevation relative to the sidewalk. While street-level shops can command rents as high as $35,000 per month, spaces requiring customers to navigate a flight of stairs often lease for approximately one-third of that price.

Local real estate experts note that this unconventional retail setup makes geometry as important as location. Beyond the height of the entrance, the total square footage remains a secondary factor that can bridge the price gap between accessible and elevated storefronts.

Summary by Dispatch AI — read the full story at Brooklyneagle.