Fully Leased Corner Retail
1150 Liberty Ave Brooklyn, NY 11208
For Sale
$4,350,000
Four-tenant corner retail property with ground-floor frontage on Liberty Avenue and second-floor storage/office space.
Property Size5,529 SF
Price / SF$786.76
Days on Market112
Property Features for 1150 Liberty Ave
General Information
- Standard status
- Active
- Size
- 5,529 SF
- Property subtype
- Shopping Strip
Building Details
- Year Built
- 1925
Listing Agency:
New York City Office
(212) 430-5276
Listed By:
Alexander Arustamian · License #NY: 10401337149
(212) 430-5276
Source:
Marcusmillichap
Added: Apr 3
Changed: Jul 22
Last Checked: Jul 23 at 2:40AM
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 New York City Office
Investment Insights
Based on property information with market context.
The offering is a four-tenant corner retail property totaling 5,529 square feet, with 4,360 square feet of ground-floor retail space and 1,169 square feet of second-floor space used by select tenants for storage and office. The building has 50 feet of frontage on Liberty Avenue and is currently 100% occupied.
The property is located at the corner of Liberty Avenue and Sheridan Avenue in East New York, Brooklyn, along the Ozone Park border. The surrounding retail corridor includes a mix of national and local retailers such as Foot Locker, T-Mobile, GameStop, Dunkin’, Burger King, C Town Supermarkets, and Chase Bank.
Tenancy includes Guac Grill with a new 10-year lease through January 2036 featuring a 6% increase in the first year and 3% annual increases, plus a five-year renewal option. Brooklyn Halal Grill has a lease in place through December 2026, and the pizza tenant has a new 10-year lease through April 2035 with 3% annual increases and a five-year renewal option. The convenience store operates under a lease through May 2029 with 3% annual increases.
The property is located at the corner of Liberty Avenue and Sheridan Avenue in East New York, Brooklyn, along the Ozone Park border. The surrounding retail corridor includes a mix of national and local retailers such as Foot Locker, T-Mobile, GameStop, Dunkin’, Burger King, C Town Supermarkets, and Chase Bank.
Tenancy includes Guac Grill with a new 10-year lease through January 2036 featuring a 6% increase in the first year and 3% annual increases, plus a five-year renewal option. Brooklyn Halal Grill has a lease in place through December 2026, and the pizza tenant has a new 10-year lease through April 2035 with 3% annual increases and a five-year renewal option. The convenience store operates under a lease through May 2029 with 3% annual increases.
Key Highlights
- 4,360 SF ground‑floor retail plus 1,169 SF second‑floor storage/office space in a 5,529 SF four‑tenant corner building
- 100% occupied corner retail on Liberty Avenue and Sheridan Avenue in East New York, Brooklyn (Ozone Park border)
- Guac Grill: new 10‑year lease through January 2036 with 6% first‑year increase, then 3% annual increases; one 5‑year renewal option
Property Analytics
Location Intelligence
Current Use by Public Records
Family Wellness Program
Home Health Care Service
Liberty Smoke Shop
(Bike/Boat/Book/etc) Store
Dada Home Care
Home Health Care Service
FAQs
What type of property is this?
Strip mall - Four-tenant corner retail property with ground-floor frontage on Liberty Avenue and second-floor storage/office space.
Where is this strip mall located?
The property is located at 1150 Liberty Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: 4,360 SF ground‑floor retail plus 1,169 SF second‑floor storage/office space in a 5,529 SF four‑tenant corner building; 100% occupied corner retail on Liberty Avenue and Sheridan Avenue in East New York, Brooklyn (Ozone Park border); Guac Grill: new 10‑year lease through January 2036 with 6% first‑year increase, then 3% annual increases; one 5‑year renewal option
