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    987 Flushing Ave Brooklyn, NY 11206

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    For Lease
    $38 SF/Yr ($8,000 /Mo)

    2,500 SF retail space featuring a loft-like layout.

    Property size:
    2,500 SF
    Lot size:
    0.05 Acres

    Property Features for 987 Flushing Ave

    General Information

    Size
    2,500 SF
    Lot size
    0.05 Acres

    Source: DGNY Commercial, LLC Agent Steve Sallion

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

    Overview

    Retail Space with Garden Access

    This 2,500 sq. ft. retail space features an open plan with a loft-like layout and high ceilings. The current configuration consists of two sides. The finished entry side, identified as store # 1, includes bookshelves, shelving, and hardwood floors, with an internal entry to the second side, identified as store #2. The second side is an unfinished, raw space ready for customization. Previously used as an event space, the second side also provides access to an outdoor garden area. This space is suitable for various businesses, including a high-end nail salon, tattoo parlor, or a vintage clothing and household furnishing store.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.93323
    Latitude
    40.703142

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    FAQs

    What type of property is this?
    Retail space - 2,500 SF retail space featuring a loft-like layout.
    Where is this retail space located?
    The property is located at 987 Flushing Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: - 2,500 sq. ft. retail space with open plan and high ceilings.; - Finished retail space with hardwood floors and shelving.; - Second unfinished "raw" space allows for customization.
    (516) 402-3469
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    987 Flushing Ave Brooklyn, NY 11206
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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
    987 Flushing Ave Brooklyn, NY 11206
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