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    389 Gateway Dr Brooklyn, NY 11239

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    For Lease
    Contact for pricing

    High-traffic retail space in a successful power center.

    Property size:
    7,000 SF
    Lot size:
    0.95 Acres

    Property Features for 389 Gateway Dr

    General Information

    Size
    7,000 SF
    Lot size
    0.95 Acres

    Source: RIPCO Real Estate - Long Island Agent Brian Schuster

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

    Overview

    Prime Retail Space in Brooklyn

    This retail space is located within Gateway Center, a 1.3 million square foot power center comprising Gateway North and Gateway South. The center features a variety of leading national retailers and is recognized as a prominent and successful retail destination. The location offers urban accessibility with suburban amenities, including complimentary at-grade parking. The property benefits from convenient access via Exit 15 of the Belt Parkway. Furthermore, the immediate area is experiencing residential growth, with 2,100 new residential units either built or planned.
    Location Intelligence

    Current Use by Public Records

    Famous Footwear Shoe Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Spring Creek Shopping Centrt, Gateway Center

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.87155
    Latitude
    40.652015

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    FAQs

    What type of property is this?
    Shopping center - High-traffic retail space in a successful power center.
    Where is this shopping center located?
    The property is located at 389 Gateway Dr Brooklyn, NY.
    What are key features of this property?
    This property features: - Strongest and most successful power center in New York (possibly the entire country).; - Boasting 1.3 Million Square Feet of retail space.; - Includes many leading national retailers.
    (516) 933-8880
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    389 Gateway Dr Brooklyn, NY 11239
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    Brooklyn, NY 11239
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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
    389 Gateway Dr Brooklyn, NY 11239
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