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    1 Flushing Ave Brooklyn, NY 11205

    For Lease
    Contact for pricing

    Retail space available near Wegmans Grocery with parking.

    Property size:
    7,500 SF
    Lot size:
    6.29 Acres

    Property Features for 1 Flushing Ave

    General Information

    Size
    7,500 SF
    Lot size
    6.29 Acres

    Source: RIPCO Real Estate - Brooklyn Agent Jason Pennington

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

    Overview

    Retail Space Near Wegmans Grocery

    This retail space is anchored by New York City’s first Wegmans Grocery, which is expected to attract 75,000 customers per week. The location is adjacent to the Brooklyn Navy Yard, with a projected 20,000 workers nearby. Flexible divisions are available, ranging from 1,500 to 40,000 square feet. The property offers 700 parking spaces in a parking garage and parking lot. All uses are considered for Building B, which is designated for Community Use. The property size is 7,500 square feet.
    Location Intelligence

    Current Use by Public Records

    The Peli Firm LLC Accounting Firm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Access Computer Kiosks, Chusen Shtreimel, Right Click, LeeWork, The W Mall & Business Center

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.965958
    Latitude
    40.699586

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    FAQs

    What type of property is this?
    Shopping center - Retail space available near Wegmans Grocery with parking.
    Where is this shopping center located?
    The property is located at 1 Flushing Ave Brooklyn, NY.
    What are key features of this property?
    This property features: - Anchored by New York City’s first Wegmans Grocery, expected to draw **75,000 customers per week**; - Projected **20,000 workers adjacent** at Brooklyn Navy Yard; - Flexible divisions from 1,500 SF to 40,000 SF
    (718) 233-6565
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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
    1 Flushing Ave Brooklyn, NY 11205
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