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Corner Retail Building with Vacant Unit
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1188 President Street, Brooklyn, NY 11225

Five-unit, two-story corner retail building with one vacant unit, situated at President Street and Nostrand Avenue.

Property Size5,558 SF
Lot Size0.06 Acres
Days on Market125

Property Features for 1188 President Street

General Information

Standard status Active
Size 5,558 SF
Lot size 0.06 Acres
Property subtype Retail, Mixed Use
Zoning R6/C1-3
Occupancy 80%

Building Details

Stories 2
Tenancy Multi
Listing Agency: Ariel Property Advisors
Listed By: Sean R. Kelly, Esq. · License #NY 10301203478
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 11:08PM

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 Ariel Property Advisors

Investment Insights

Based on property information with market context.

This five-unit, two-story corner retail building is constructed to the full lot and includes one vacant unit. The property is approximately 27.79’ x 100’ and totals about 5,558 square feet. The building also includes 558.8 square feet of air rights, and the R6/C1-3 zoning permits total as-of-right buildable square feet of 6,113.8.

The property is located on the southwest corner of President Street and Nostrand Avenue. Transit access is nearby, with the 2 and 5 trains across the street and the 3 train approximately two blocks north on Eastern Parkway. The immediacy of the Nostrand Avenue retail environment supports pedestrian traffic.

Current lease information is available in the setup sheet, and proposed development plans are available for review in the data room.

Key Highlights

  • Five‑unit, two‑story corner retail building at 1188 President St / 878 Nostrand Ave in Crown Heights, Brooklyn
  • Approx. 5,558 SF building size (27.79’ x 100’) built to the full lot (27.79’ x 100’)
  • Zoned R6/C1‑3 with total as‑of‑right buildable square feet of 6,113.8 SF

Property Analytics

Current Use

Covenant Keepers Ministries Church Princess Tehillah’s Ministries Church

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Nursing Home Acupuncture

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

80%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,463
Businesses Nearby
140k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Dining 20% Groceries 14% Electronics 2%
BP Shops & Services
16,358 visits/mo 0.4 miles
Chase Bank Shops & Services
15,303 visits/mo 0.3 miles
Urban Market by Key Food Groceries
13,185 visits/mo 0.4 miles
Mobil Shops & Services
12,905 visits/mo 0.3 miles
Burger King Dining
10,911 visits/mo 0.5 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Five-unit, two-story corner retail building with one vacant unit, situated at President Street and Nostrand Avenue.
Where is this retail space located?
The property is located at 1188 President Street Brooklyn, NY.
What are key features of this property?
This property features: Five‑unit, two‑story corner retail building at 1188 President St / 878 Nostrand Ave in Crown Heights, Brooklyn; Approx. 5,558 SF building size (27.79’ x 100’) built to the full lot (27.79’ x 100’); Zoned R6/C1‑3 with total as‑of‑right buildable square feet of 6,113.8 SF
More about this property
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