Two-Level Retail
For Sale
Contact for pricing
Pending
587 Manhattan Avenue, Brooklyn, NY 11222
Retail condo with nearly 15-foot ground-floor ceilings and roughly 35 feet of high-visibility frontage on Manhattan Avenue.
Days on Market112
Property Features for 587 Manhattan Avenue
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Clear Height
15 ft
Listing Agency:
JLL - New York City, New York
(212) 376-5449
Listed By:
Brendan Maddigan · License #NY 10301206472
Source:
Crexi
Added: Apr 10
Changed: Jul 20
Last Checked: Jul 29 at 2:54PM
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 JLL - New York City, New York
Investment Insights
Based on property information with market context.
The property is a retail condominium within a brand new luxury development, configured over two levels. The ground floor features nearly 15-foot ceilings, and the space offers approximately 35 feet of high-visibility frontage on Manhattan Avenue.
The retail condo is leased to a wine bar under a 10-year term with a 5-year option. The ground-floor presentation and frontage align well with storefront-based concepts seeking a prominent street presence.
The asset sits on Greenpoint’s main retail corridor along Manhattan Avenue, with the Nassau Avenue G train station located on the same block. Several CitiBike locations are also in the immediate vicinity, supporting steady pedestrian activity in the surrounding restaurant and bar scene.
The retail condo is leased to a wine bar under a 10-year term with a 5-year option. The ground-floor presentation and frontage align well with storefront-based concepts seeking a prominent street presence.
The asset sits on Greenpoint’s main retail corridor along Manhattan Avenue, with the Nassau Avenue G train station located on the same block. Several CitiBike locations are also in the immediate vicinity, supporting steady pedestrian activity in the surrounding restaurant and bar scene.
Key Highlights
- Retail condo with roughly 35 ft of high‑visibility frontage on Manhattan Avenue, Greenpoint’s main retail corridor
- Nearly 15‑foot ceilings on the ground floor
- Condo spans two levels in a brand new luxury development
Property Analytics
Current Use
Lease Details
15 ft
Clear height
Location Intelligence
Trade Area within ½ mile
8,110
Businesses Nearby
85k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Groceries 23%
Dining 22%
Electronics 8%
Associated Supermarkets
Groceries
13,420 visits/mo
0.5 miles
TD Bank
Shops & Services
10,699 visits/mo
0.4 miles
Bank of America
Shops & Services
7,343 visits/mo
0.5 miles
Conoco
Shops & Services
6,819 visits/mo
0.5 miles
Chase Bank
Shops & Services
6,689 visits/mo
0.4 miles
Demographics for 11222, NY
41,957
Population
21,917
Households
1.9
Avg Household Size
35
Median Age
65%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
27,971
Density / Sq Mi
$123,963
Median Household Income
$74,237
Median Earnings
$2,595
Median Rent
$1,245,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail condo with nearly 15-foot ground-floor ceilings and roughly 35 feet of high-visibility frontage on Manhattan Avenue.
Where is this storefront property located?
The property is located at 587 Manhattan Avenue Brooklyn, NY.
What are key features of this property?
This property features: Retail condo with roughly 35 ft of high‑visibility frontage on Manhattan Avenue, Greenpoint’s main retail corridor; Nearly 15‑foot ceilings on the ground floor; Condo spans two levels in a brand new luxury development
