Fully Leased Corner Retail
For Sale
$4,350,000
1150 Liberty Ave, Brooklyn, NY 11208
Four-tenant corner retail property with ground-floor frontage on Liberty Avenue and second-floor storage/office space.
Property Size5,529 SF
Price / SF$786.76
Days on Market160
Property Features for 1150 Liberty Ave
General Information
Standard status
Active
Size
5,529 SF
Property subtype
Shopping Strip
Occupancy
100%
Additional Details
Cap Rate
6.15%
Amenities
• Fully leased four-tenant retail property with diversified income stream across food, service, and convenience tenants
• Multiple new 10-year leases with 3% annual increases provide long-term stability and built-in rent growth
• Prime corner location with 50 ft frontage on Liberty Ave, benefiting from strong visibility and consistent foot traffic
Building Details
Building Size
5,529 SF
Year Built
1925
Stories
2
Tenancy
Multi
Listed By:
Alex Arustamian · License #License(s): NY: 10401337149
(212) 430-5276
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 17
Last Checked: Sep 9 at 5:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alex Arustamian
Investment Insights
Based on property information with market context.
The offering is a four-tenant corner retail property totaling 5,529 square feet, with 4,360 square feet of ground-floor retail space and 1,169 square feet of second-floor space used by select tenants for storage and office. The building has 50 feet of frontage on Liberty Avenue and is currently 100% occupied.
The property is located at the corner of Liberty Avenue and Sheridan Avenue in East New York, Brooklyn, along the Ozone Park border. The surrounding retail corridor includes a mix of national and local retailers such as Foot Locker, T-Mobile, GameStop, Dunkin’, Burger King, C Town Supermarkets, and Chase Bank.
Tenancy includes Guac Grill with a new 10-year lease through January 2036 featuring a 6% increase in the first year and 3% annual increases, plus a five-year renewal option. Brooklyn Halal Grill has a lease in place through December 2026, and the pizza tenant has a new 10-year lease through April 2035 with 3% annual increases and a five-year renewal option. The convenience store operates under a lease through May 2029 with 3% annual increases.
The property is located at the corner of Liberty Avenue and Sheridan Avenue in East New York, Brooklyn, along the Ozone Park border. The surrounding retail corridor includes a mix of national and local retailers such as Foot Locker, T-Mobile, GameStop, Dunkin’, Burger King, C Town Supermarkets, and Chase Bank.
Tenancy includes Guac Grill with a new 10-year lease through January 2036 featuring a 6% increase in the first year and 3% annual increases, plus a five-year renewal option. Brooklyn Halal Grill has a lease in place through December 2026, and the pizza tenant has a new 10-year lease through April 2035 with 3% annual increases and a five-year renewal option. The convenience store operates under a lease through May 2029 with 3% annual increases.
Key Highlights
- 4,360 SF ground‑floor retail plus 1,169 SF second‑floor storage/office space in a 5,529 SF four‑tenant corner building
- 100% occupied corner retail on Liberty Avenue and Sheridan Avenue in East New York, Brooklyn (Ozone Park border)
- Guac Grill: new 10‑year lease through January 2036 with 6% first‑year increase, then 3% annual increases; one 5‑year renewal option
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,896
Businesses Nearby
206k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Dining 34%
Groceries 9%
Apparel 5%
Golden Farms
Groceries
19,299 visits/mo
0.3 miles
BP
Shops & Services
19,220 visits/mo
0.2 miles
Capital One Bank
Shops & Services
18,839 visits/mo
0.5 miles
Popeyes Louisiana Kitchen
Dining
17,803 visits/mo
0.5 miles
Chase Bank
Shops & Services
17,351 visits/mo
0.1 miles
Demographics for 11208, NY
101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Four-tenant corner retail property with ground-floor frontage on Liberty Avenue and second-floor storage/office space.
Where is this strip mall located?
The property is located at 1150 Liberty Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: 4,360 SF ground‑floor retail plus 1,169 SF second‑floor storage/office space in a 5,529 SF four‑tenant corner building; 100% occupied corner retail on Liberty Avenue and Sheridan Avenue in East New York, Brooklyn (Ozone Park border); Guac Grill: new 10‑year lease through January 2036 with 6% first‑year increase, then 3% annual increases; one 5‑year renewal option
