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Ground Floor Retail with Full Basement
For Lease
$3,800/Mo

1191 Atlantic Avenue, Brooklyn, NY 11216

COMMERCIAL - Brooklyn, NY

Space SizeContact for details
Lot Size0.06 Acres
Days on Market97

Property Features for 1191 Atlantic Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning M1-1
Rooms Basement
Basement Finished
Elementary school Ps 93 William H Prescott
Middle school Restoration Academy
High school Bedford Academy High School
Elementary school district Brooklyn 13
Middle school district Brooklyn 13
High school district Brooklyn 13
Standard status Active
APN 01866-0007
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 26688

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1910
Building materials Brick
Listing Agency: New Group Realty Inc
Listed By: Tania Valdez · License #10401307872
Added: May 6 Changed: Aug 4 Last Checked: Aug 10 at 7:06AM
MLS# 996007

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail space includes both the ground floor and full basement, offering flexible rooming for a range of commercial uses. The building is constructed with brick and is supported by public water and public sewer services. Heating is provided via natural gas, with window unit(s) and wall/window unit(s) cooling.

The property is located at 1191 Atlantic Avenue in Brooklyn and is described as benefiting from visibility and steady foot traffic along a busy corridor. Transit access is highlighted near the Nostrand Avenue subway station serving the A/C lines, along with multiple bus routes including B25, B26, B44, B44-SBS, B49, and B65. Easy access to the Nostrand Avenue LIRR station is also noted.

The offering is for a 5-year lease with gross terms.

Key Highlights

  • Ground floor plus full basement retail space
  • 1191 Atlantic Avenue in Brooklyn with strong corridor visibility
  • Zoned M1‑1

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Auto Parts Store Nursing Home

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

6,233
Businesses Nearby
192k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 46% Dining 30% Groceries 16% Apparel 5%
Shell Shops & Services
29,804 visits/mo 0.1 miles
Sunoco Shops & Services
14,076 visits/mo 0.4 miles
7-Eleven Shops & Services
13,294 visits/mo 0.3 miles
Urban Market by Key Food Groceries
13,185 visits/mo 0.3 miles
McDonald's Dining
12,482 visits/mo 0.2 miles

Demographics for 11216, NY

61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$56.71 /SF/Yr
Avg Asking Price
$8.63–$200 /SF/Yr
Price Range
3,737 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 includes the ground floor and full basement in a brick building zoned M1-1 in Brooklyn.
Where is this retail space located?
The property is located at 1191 Atlantic Avenue Brooklyn, NY.
What is the lease rate?
The lease rate is $3,800/Mo.
What are key features of this property?
This property features: Ground floor plus full basement retail space; 1191 Atlantic Avenue in Brooklyn with strong corridor visibility; Zoned M1‑1
More about this property
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