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    581 5Th Ave Brooklyn, NY 11215

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

    Property size:
    3,200 SF
    Lot size:
    0.08 Acres

    Property Features for 581 5Th Ave

    General Information

    Size
    3,200 SF
    Lot size
    0.08 Acres

    Source: M.C. O’Brien, Inc. Agent William P. O’Brien, SIOR

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

    Overview

    Retail Space on 5th Avenue

    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.
    Insight Report Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.989746
    Latitude
    40.664617

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    FAQs

    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
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    581 5Th Ave Brooklyn, NY 11215
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    Brooklyn, NY 11215
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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
    581 5Th Ave Brooklyn, NY 11215
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