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Retail Space on 5th Avenue
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581 5th Ave, Brooklyn, NY

3,200 SF retail space with frontage on 5th Avenue.

Space Size3,200 SF
Lot Size0.08 Acres
Days on Market819

Property Features for 581 5th Ave

General Information

Standard status Active
Size 3,200 SF
Lot size 0.08 Acres
Property subtype RETAIL

Spaces For Lease

at 581 5th Ave Contact us

581 5th Ave

Floor
1
Size
3,200 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Ground Floor: 3,200 sq/ft - Basement: Storage Room Available - 40’ of Frontage -...
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Listing Agency: M.C. O’Brien, Inc.
Listed By: William P. O’Brien, SIOR
Source: Moodyscre
Added: Jun 10, 2024 Changed: Aug 8 Last Checked: Sep 5 at 4:45PM

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 M.C. O’Brien, Inc.

Investment Insights

Based on property information with market context.

This retail space offers 3,200 square feet on the ground floor, with an additional storage room available in the basement. It features 40 feet of frontage and a full HVAC system. The property benefits from responsive ownership and the availability of a long-term lease. Situated on Park Slope’s 5th Avenue corridor, the location provides excellent visibility and foot traffic. The property is surrounded by new high-density developments. This space features a rare double storefront.

Key Highlights

  • Rare double storefront on Park Slope’s “hot” 5th Avenue corridor
  • Boasting 40’ of frontage
  • Features a spacious 3,200 sq/ft ground floor

Property Analytics

Current Use

Orthotic & Prostetic Care Orthotics & Prosthetics Service Aqua Physical Therapy Medical Clinic Verrazano Physical Therapy Physician

Suggested Use

Top Pick Law Firm Accounting Firm Nursing Home Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) 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

6,625
Businesses Nearby
168k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 65% Dining 25% Groceries 6% Hotels & Casinos 2%
Dollar Tree Shops & Services
30,894 visits/mo 0.4 miles
Bank of America Shops & Services
13,992 visits/mo 0.2 miles
BP Shops & Services
13,850 visits/mo 0.4 miles
Dunkin' Donuts Dining
13,351 visits/mo 0.4 miles
7-Eleven Shops & Services
10,769 visits/mo 0.2 miles

Market

Lease Benchmarks for Brooklyn, NY

$51.68 /SF/Yr
Avg Asking Price
$8.63–$150 /SF/Yr
Price Range
3,749 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
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Frequently Asked Questions

What type of property is this?
Retail space - 3,200 SF retail space with frontage on 5th Avenue.
Where is this retail space located?
The property is located at 581 5th Ave Brooklyn, NY.
What are key features of this property?
This property features: Rare double storefront on Park Slope’s “hot” 5th Avenue corridor; Boasting 40’ of frontage; Features a spacious 3,200 sq/ft ground floor
(718) 252-9191 Call to check price and availability
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