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Brooklyn Community Facility for Lease
For Lease
$15 SF/Yr

150 S Portland Avenue, Brooklyn, NY 11217

Community facility with elevator, sprinkler, and convenient transportation access.

Space SizeContact for details
Property Size150,000 SF
Days on Market189

Property Features for 150 S Portland Avenue

General Information

Standard status Active
Size 150,000 SF
Property subtype Special Purpose
Listing Agency: Bradford Allen - Corporate
Listed By: Mitzi Flexer
Source: Tcnworldwide
Added: Jan 27 Changed: Jul 10 Last Checked: Aug 4 at 4:53AM

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 Bradford Allen - Corporate

Investment Insights

Based on property information with market context.

This community facility is available for lease and is situated a short walk from the Atlantic Avenue-Barclay Center subway station, which provides access to the 2, 3, 4, 5, B, D, N, Q, and R trains, as well as the LIRR Atlantic Terminal. The G train at the Fulton Street station and the C train at the Lafayette Avenue station are also located nearby to the north. The property features a lower level with approximately 2,500 to 7,800 square feet and a ground floor entrance with full glass frontage. An elevator and sprinkler system are in place. The location is three blocks from Atlantic Terminal Station/Barclays. No real estate taxes are passed through to the tenant. The property size is 150,000 square feet.

Key Highlights

  • Prime location: Just three blocks from Atlantic Terminal/Barclays Center with access to many subway lines and the LIRR.
  • No real estate taxes passed through to tenant.
  • Versatile Space: The Lower Level offers a generous 2,500 - 7,800 SF.

Property Analytics

Current Use

The 7th Scroll Church Hanson Place Seventh ... Food Bank

Suggested Use

Top Pick Auto Parts Store Nursing Home Accounting Firm Home Appliance Store Carpet & Flooring Store Butcher

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

8,878
Businesses Nearby

Demographics for 11217, NY

42,417
Population
21,590
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
60,596
Density / Sq Mi
$158,314
Median Household Income
$95,067
Median Earnings
$2,800
Median Rent
$1,614,200
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$31.58 /SF/Yr
Avg Asking Price
$14.4–$53.6 /SF/Yr
Price Range
9,758 SF
Avg Space Size

This space is priced 53% below the average of $31.58 /SF/Yr.

Properties on Market for Specialty properties in Brooklyn

Feb
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Frequently Asked Questions

What type of property is this?
Specialty property - Community facility with elevator, sprinkler, and convenient transportation access.
Where is this specialty property located?
The property is located at 150 S Portland Avenue Brooklyn, NY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime location: Just three blocks from Atlantic Terminal/Barclays Center with access to many subway lines and the LIRR.; No real estate taxes passed through to tenant.; Versatile Space: The Lower Level offers a generous 2,500 - 7,800 SF.
More about this property
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