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Versatile Commercial Space Near Prospect Park
For Lease
$23,000

510 Flatbush Avenue, Brooklyn, NY 11225

Adaptable spaces suitable for restaurant, bar, or wellness center.

Space SizeContact for details
Days on Market693

Property Features for 510 Flatbush Avenue

General Information

Standard status Active

Building Details

Year Built 2017
Listing Agency: Brooklyn Heights
Listed By: Danelle Davis · License #10401272365
Source: Corcoran
Added: Oct 10, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 Brooklyn Heights

Investment Insights

Based on property information with market context.

Available for lease are two commercial spaces that can be combined or leased separately, previously used as a restaurant, bar, and wellness center. The spaces are situated within a fully occupied 141-unit residential building in a high-traffic area, one block from Prospect Park and half a block from the B, Q, and S trains. Space A offers 5,245 square feet with an occupancy of 450. It is metered for electric, heat, and AC. The existing bar and kitchen equipment are available for purchase. This space includes eight restrooms. Space B provides 1,600 square feet with an occupancy of 50. It is also metered for electric, heat, and AC. Previously a yoga studio and wellness center, it features a skylight in the yoga area and a custom-built Himalayan salt cave. Items such as an infrared sauna, sauna, and cold plunge may be available for purchase. This space includes one restroom. Both spaces offer up to three months of build-out time and require a minimum five-year lease. Note that loud music, rental space venues, and cannabis shops are not permitted.

Key Highlights

  • Prime location in a high‑traffic area, located within a fully occupied 141‑unit residential building, just one block from Prospect Park and half a block from B/Q/S trains.
  • Versatile spaces: Two spaces (5,245sf and 1,600sf) can be leased together or separately.
  • Space A: Existing bar and kitchen infrastructure in place, with equipment available for purchase.

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Nursing Home Auto Parts Store Pet Grooming Service Tanning Salon Adult Day Care Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

11,936
Businesses Nearby
138k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 40% Apparel 27% Shops & Services 17% Electronics 6%
New York Marriott at the Brooklyn Bridge Hotels & Casinos
48,622 visits/mo 0.5 miles
Goodwill Apparel
18,116 visits/mo 0.3 miles
Mobil Shops & Services
10,567 visits/mo 0.3 miles
The UPS Store Shops & Services
9,497 visits/mo 0.4 miles
Bravo Supermarkets Groceries
7,424 visits/mo 0.4 miles

Demographics for 11225, NY

58,786
Population
26,703
Households
2.2
Avg Household Size
36
Median Age
48%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
65,318
Density / Sq Mi
$85,201
Median Household Income
$54,639
Median Earnings
$1,733
Median Rent
$1,218,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Adaptable spaces suitable for restaurant, bar, or wellness center.
Where is this bar & pub located?
The property is located at 510 Flatbush Avenue Brooklyn, NY.
What is the lease rate?
The lease rate is $23,000.
What are key features of this property?
This property features: Prime location in a high‑traffic area, located within a fully occupied 141‑unit residential building, just one block from Prospect Park and half a block from B/Q/S trains.; Versatile spaces: Two spaces (5,245sf and 1,600sf) can be leased together or separately.; Space A: Existing bar and kitchen infrastructure in place, with equipment available for purchase.
More about this property
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