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Renovated Retail or Restaurant Space
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246 Franklin St, Brooklyn, NY

4,500 SF renovated space suitable for retail or restaurant.

Space Size4,500 SF
Lot Size0.11 Acres
Days on Market1010

Property Features for 246 Franklin St

General Information

Standard status Active
Size 4,500 SF
Lot size 0.11 Acres
Property subtype INDUSTRIAL

Spaces For Lease

at 246 Franklin St Contact us

246 Franklin St

Floor
Bldg
Size
4,500 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 4,500 SF of newly renovated space with 50′ of frontage. This space is suitable...
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Listing Agency: Kalmon Dolgin Affiliates
Listed By: Robert Klein · License #30KL0628210
Source: Moodyscre
Added: Dec 4, 2023 Changed: Aug 8 Last Checked: Sep 9 at 5:49AM

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 Kalmon Dolgin Affiliates

Investment Insights

Based on property information with market context.

This is a newly renovated 4,500 square foot space with 50 feet of frontage, suitable for retail, restaurant, or cosmetic services. The open space benefits from abundant natural light and includes a potential area for an outdoor sidewalk cafe. The plot size is 4,500 square feet (45' x 100'). The one-story building measures 50' x 90'. Construction is masonry, concrete, and steel, featuring a clear span building design. The ceiling height is 14 feet. The property includes gas heat and ample electric power, along with one drive-in door and curb cuts. It is zoned C2-4 / R6B. The current tax bill is $19,907.28.

Key Highlights

  • Newly renovated 4,500 SF space suitable for retail, restaurant, or cosmetic services.
  • 50' of frontage with potential for outdoor sidewalk‑café.**
  • Amazing natural light due to open space.

Property Analytics

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Current Use

Gopuff Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Nursing Home Computer & Electronic Repair Accounting Firm Pet Grooming Service Auto Parts Store

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

4,042
Businesses Nearby
120k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 38% Dining 32% Shops & Services 30% Electronics 1%
McDonald's Dining
23,761 visits/mo 0.3 miles
Key Food Groceries
23,341 visits/mo 0.4 miles
BP Shops & Services
20,819 visits/mo 0.4 miles
Associated Supermarkets Groceries
13,420 visits/mo 0.5 miles
C-Town Supermarkets Groceries
8,430 visits/mo 0.2 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Brooklyn, NY

$52.11 /SF/Yr
Avg Asking Price
$8.63–$107 /SF/Yr
Price Range
3,891 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
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Frequently Asked Questions

What type of property is this?
Retail space - 4,500 SF renovated space suitable for retail or restaurant.
Where is this retail space located?
The property is located at 246 Franklin St Brooklyn, NY.
What are key features of this property?
This property features: Newly renovated 4,500 SF space suitable for retail, restaurant, or cosmetic services.; 50' of frontage with potential for outdoor sidewalk‑café.**; Amazing natural light due to open space.
(732) 533-9511 Call to check price and availability
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