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Renovated Fully Occupied Retail Property
For Sale
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627 Blake Ave, Brooklyn, NY 11207

Recently renovated retail building is fully occupied and offers value-add potential tied to below-market rents.

Property SizeContact for details
Days on Market120

Property Features for 627 Blake Ave

General Information

Standard status Active
Property subtype Mixed Use
Listing Agency: Alpha Realty NY
Listed By: Lev Mavashev · License #NY 10351208812
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 4:15PM

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 Alpha Realty NY

Investment Insights

Based on property information with market context.

This retail property is fully occupied and was recently renovated. The current configuration supports an income-producing retail use while offering value-add potential attributed to below-market rents.

The property is located at 627 Blake Ave in Brooklyn, New York. It is presented for sale on a for-sale basis.

According to the public remarks, the building is positioned as 100% free-market and includes the recent renovation completed during the current period of ownership.

Key Highlights

  • Retail building was recently renovated
  • Property is fully occupied
  • Value‑add potential noted due to below‑market rents

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,148
Businesses Nearby
101k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 59% Shops & Services 35% Dining 3% Home Improvements & Furnishings 2%
Food Bazaar Supermarket Groceries
50,102 visits/mo 0.4 miles
Family Dollar Shops & Services
13,890 visits/mo 0.4 miles
Dollar Tree Shops & Services
11,270 visits/mo 0.4 miles
C-Town Supermarkets Groceries
6,380 visits/mo 0.3 miles
Advance Auto Parts Shops & Services
5,958 visits/mo 0.5 miles

Demographics for 11207, NY

100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value

Market

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 - Recently renovated retail building is fully occupied and offers value-add potential tied to below-market rents.
Where is this retail space located?
The property is located at 627 Blake Ave Brooklyn, NY.
What are key features of this property?
This property features: Retail building was recently renovated; Property is fully occupied; Value‑add potential noted due to below‑market rents
More about this property
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