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    5714 1St Ave Brooklyn, NY 11220

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    For Lease
    $867 /Mo ($29 SF/Yr)

    Unique artist spaces with high ceilings and natural light.

    Property size:
    347 SF
    Lot size:
    1.29 Acres

    Property Features for 5714 1St Ave

    General Information

    Size
    347 SF
    Lot size
    1.29 Acres

    Source: Century 21 Commercial Awaye Realty | Brooklyn Agent Arlene Waye

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Creative Artist Spaces For Rent

    Five unique artist spaces are available for rent on a private suite floor. These brand-new spaces start at 347 square feet and offer versatile layouts. The spaces are designed to inspire creativity and productivity. Immediate move-in is available, offering the opportunity to be part of an artistic community. The spaces feature 19-foot-high ceilings, newly installed windows, and an abundance of natural light. These spaces are ideal for artists seeking a bright and open environment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Similar Places Nearby

    Amy's Cookies, Exquisite Event Service, Industry Caterers, LLC, Funny Hibachi Catering

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.023654
    Latitude
    40.646169

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    FAQs

    What type of property is this?
    Flex space - Unique artist spaces with high ceilings and natural light.
    Where is this flex space located?
    The property is located at 5714 1St Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: - Five unique artist spaces available on a private suite floor.; - Brand-new spaces ready for immediate move-in.; - Versatile layouts starting at 347+ square feet.
    (718) 488-0800
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    5714 1St Ave Brooklyn, NY 11220
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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
    5714 1St Ave Brooklyn, NY 11220
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