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    32 5Th Ave Brooklyn, NY 11217

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    For Lease
    Contact for pricing

    Gut-renovated retail space with new utilities near Barclay's Center.

    Property size:
    576 SF
    Lot size:
    0.08 Acres

    Property Features for 32 5Th Ave

    General Information

    Size
    576 SF
    Lot size
    0.08 Acres

    Source: RIPCO Real Estate - Corporate Agent Abraham R. Dayan

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

    Overview

    Renovated Retail Space Near Barclay's

    The property at 32 Fifth Avenue is a fully gut-renovated retail space featuring new structural components and utilities. Located steps away from the Barclay's Center, the space offers 576 square feet. It includes 400A/3PH electric with a direct meter, a 1.5-inch domestic cold water line with a submeter, and a 4-ton Mitsubishi split-system HVAC. The property is fully vented with gas and offers great signage opportunities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Qwench Juice Bar ... Juice Shop Q&RwaterDamage Corporate Office Insomnia Cookies Cookie Shop On Point Termite Treatment ... Pest Control Service

    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
    -73.977098
    Latitude
    40.681795

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    FAQs

    What type of property is this?
    Retail space - Gut-renovated retail space with new utilities near Barclay's Center.
    Where is this retail space located?
    The property is located at 32 5Th Ave Brooklyn, NY.
    What are key features of this property?
    This property features: - Fully vented with gas, ideal for restaurant or food-related businesses.; - Fully gut renovated with new structural components and utilities.; - Benefit from **high-power electrical capacity (400A/3PH Direct Meter)**.
    (212) 750-6565
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    32 5Th Ave Brooklyn, NY 11217
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    Brooklyn, NY 11217
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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
    32 5Th Ave Brooklyn, NY 11217
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