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    405 Gates Ave Brooklyn, NY 11216

    New
    For Lease
    $6,500 /Mo ($6 SF/Yr)

    Commercial Lease - Brooklyn, NY

    Property size:
    11,250 SF
    Days on Market:
    5
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 405 Gates Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Kitchen
    Parking features
    Garage
    Basement Y/N
    1
    Size
    11,250 SF

    Building Details

    Year built
    1931
    Year renovated
    1931
    Floors in Building
    3
    Building materials
    Brick
    Architectural style
    Other

    CAPLINE CONSOLIDATED LLC

    Listing agent Robert Shiryak

    Listing date Dec 3, 2025

    MLS# 11440898 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Retail Space in Brooklyn

    Approximately 1,500 square feet of newly renovated ground-floor retail space is available for immediate occupancy. Located in a historic Romanesque Revival building, this space features high ceilings, modern finishes, and excellent street visibility. Additional retail space within the building is deliverable vacant. The property is located in Brooklyn, NY, with a total property size of 11,250 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Noor Brother Deli ... Deli

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.95097
    Latitude
    40.686399

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    FAQs

    What type of property is this?
    Retail space - Newly renovated retail space available for immediate occupancy in Brooklyn.
    Where is this retail space located?
    The property is located at 405 Gates Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Newly renovated 1,500 sq ft ground-floor retail space.; - Located in a historic Romanesque Revival building.; - Excellent street visibility.
    Request Owner's contact information
    405 Gates Ave Brooklyn, NY 11216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    405 Gates Ave Brooklyn, NY 11216
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