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Retail Space in Park Slope
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198 5th Ave, Brooklyn, NY

Prime retail space with up to 55 feet of frontage.

Space Size2,000 SF - 4,300 SF
Lot Size0.05 Acres
Days on Market706

Property Features for 198 5th Ave

General Information

Standard status Active
Size 2,000 SF - 4,300 SF
Lot size 0.05 Acres
Property subtype RETAIL

Spaces For Lease

at 198 5th Ave Contact us

198 5th Av AVAILABLE, Now

Floor 1
Size 4,300 SF
Type RETAIL
Rate Contact for pricing
Sublease No
Prime Retail in Park Slope Between Union and Sackett Street Up to 55 feet of frontage Space can be divided into 2,300 sf, 2,000 sf or delivered to one tenant for a total of 4,300 SF. 2,000 sf of retail/ office also available on 2nd floor.
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198 5th Ave AVAILABLE, Now

Floor 2
Size 2,000 SF
Type RETAIL
Rate Contact for pricing
Sublease No
Prime Retail in Park Slope Between Union and Sackett Street Up to 55 feet of frontage Space can be divided into 2,300 sf, 2,000 sf or delivered to one tenant for a total of 4,300 SF. 2,000 sf of retail/ office also available on 2nd floor.
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Listing Agency: The AbeCo Organization
Listed By: Abe Betesh
Source: Moodyscre
Added: Nov 29, 2024 Changed: Oct 25 Last Checked: Nov 3 at 5:44AM

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 The AbeCo Organization

Rey
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Investment Insights

Based on property information with market context.

This retail space is located in Park Slope, between Union and Sackett Street. The space offers up to 55 feet of frontage. It can be divided into 2,300 square feet, 2,000 square feet, or delivered to one tenant for a total of 4,300 square feet. An additional 2,000 square feet of retail or office space is available on the second floor.

Key Highlights

  • Prime retail location in Park Slope.
  • Up to 55 feet of frontage.
  • Divisible space options: 2,300 SF, 2,000 SF, or 4,300 SF total.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Growing Space Acupuncture ... Medical Clinic Grounded Cafe Cafe & Coffee Shop Brooklyn Flow Gym & Fitness Center Dinkam Courier Service

Suggested Use

Top Pick Law Firm Accounting Firm Nursing Home Auto Parts Store Catering Service Adult Day Care

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

8,402
Businesses Nearby
367k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Groceries 33% Shops & Services 23% Office Supplies 5%
Whole Foods Market Groceries
88,654 visits/mo 0.5 miles
Chick-fil-A Dining
35,688 visits/mo 0.5 miles
Key Food Urban Marketplace Groceries
23,386 visits/mo 0.3 miles
Staples Office Supplies
19,418 visits/mo 0.4 miles
Shake Shack Dining
18,217 visits/mo 0.5 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Brooklyn, NY

$55.4 /SF/Yr
Avg Asking Price
$8.57–$230 /SF/Yr
Price Range
3,725 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

Frequently Asked Questions

What type of property is this?
Retail space - Prime retail space with up to 55 feet of frontage.
Where is this retail space located?
The property is located at 198 5th Ave Brooklyn, NY.
What are key features of this property?
This property features: Prime retail location in Park Slope.; Up to 55 feet of frontage.; Divisible space options: 2,300 SF, 2,000 SF, or 4,300 SF total.
(718) 265-1200 · Office Call to check price and availability
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