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Retail Space in Bushwick Brooklyn
For Lease
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123 Melrose St, Brooklyn, NY

Retail space for lease in a rapidly growing Bushwick area.

Space Size1,887 SF - 10,355 SF
Lot Size3.67 Acres
Days on Market543

Property Features for 123 Melrose St

General Information

Standard status Active
Size 1,887 SF - 10,355 SF
Lot size 3.67 Acres
Property subtype RETAIL

Spaces For Lease

at 123 Melrose St Contact us

123 Melrose St

Floor
1
Size
1,887 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- At the base of The Denizen, a 911-unit residential building - Institutional ownership...
show more
Contact us

123 Melrose St

Floor
1
Size
2,077 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- At the base of The Denizen, a 911-unit residential building - Institutional ownership...
show more
Contact us

123 Melrose St

Floor
Lower Level
Size
10,355 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- At the base of The Denizen, a 911-unit residential building - Institutional ownership...
show more
Contact us
Listing Agency: Meridian Capital Group
Listed By: Sam Tucker
Source: Moodyscre
Added: Mar 18, 2025 Changed: Sep 8 Last Checked: Sep 10 at 9:33AM

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 Meridian Capital Group

Investment Insights

Based on property information with market context.

This retail space is located at the base of The Denizen, a 911-unit residential building, in the rapidly growing area of Bushwick. The property is anchored by a brand-new 14,000 square foot Foodtown. It offers direct access to a monthly/transient parking garage. The landlord is willing to contribute to build-out for food and beverage operators. The property has institutional ownership.

Key Highlights

  • Located in the heart of the rapidly growing area of Bushwick
  • Anchored by brand‑new 14,000 SF Foodtown
  • Landlord is willing to contribute for build‑out for F&B operators

Property Analytics

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Current Use

All Used Cars ... Car Dealership Express Production Facility rubius mi casita Hotel & Motel LYFE Hair Savior Hair Salon BB Wellness Services Gym & Fitness Center

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Accounting Firm

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

6,584
Businesses Nearby
326k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Groceries 23% Shops & Services 14% Electronics 11%
Food Bazaar Supermarket Groceries
41,952 visits/mo 0.3 miles
McDonald's Dining
37,292 visits/mo 0.5 miles
Dunkin' Donuts Dining
35,295 visits/mo 0.2 miles
Shoppers World Apparel
16,961 visits/mo 0.5 miles
BP Shops & Services
15,657 visits/mo 0.2 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Brooklyn, NY

$52.11 /SF/Yr
Avg Asking Price
$8.63–$107 /SF/Yr
Price Range
3,891 SF
Avg Space Size

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space for lease in a rapidly growing Bushwick area.
Where is this retail space located?
The property is located at 123 Melrose St Brooklyn, NY.
What are key features of this property?
This property features: Located in the heart of the rapidly growing area of Bushwick; Anchored by brand‑new 14,000 SF Foodtown; Landlord is willing to contribute for build‑out for F&B operators
(212) 612-0224 Call to check price and availability
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