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Retail Space with Two Entrances
For Lease
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1617 Ave M, Brooklyn, NY 11230

Former movie theatre with high ceilings, featuring entrances on Avenue M and East 17th Street.

Space Size3,018 SF
Days on Market885

Property Features for 1617 Ave M

General Information

Standard status Active
Size 3,018 SF
Property subtype RETAIL

Spaces For Lease

at 1617 Ave M Contact us

1617 Ave M

Floor
2
Size
3,018 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- One block from Avenue M subway entrance - Former movie theatre with high ceilings -...
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Listing Agency: RIPCO Real Estate - Brooklyn
Listed By: Richard Senior
Source: Moodyscre
Added: Apr 10, 2024 Changed: Aug 8 Last Checked: Sep 11 at 10:21AM

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 RIPCO Real Estate - Brooklyn

Investment Insights

Based on property information with market context.

This former movie theatre offers high ceilings and a substantial, signage-forward Avenue M facade. The building provides entrances on both Avenue M and East 17th Street, giving customers two points of access.

The property is about one block from an Avenue M subway entrance. It also includes an alley for loading and employee parking on East 17th Street, with a municipal parking lot behind the site on East 17th Street.

With its theater-style volume and street-facing presence, the space is well suited to retail concepts that benefit from strong storefront visibility and convenient, multi-side entry.

Key Highlights

  • Former movie theatre with high ceilings
  • Located about one block from an Avenue M subway entrance
  • Has entrances on both Avenue M and East 17th Street

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Gym & Fitness Center Hotel & Motel Bar & Pub Law Firm

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

Location Intelligence

Trade Area within ½ mile

4,960
Businesses Nearby
197k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Shops & Services 28% Office Supplies 16% Electronics 2%
Raising Cane's Chicken Fingers Dining
75,801 visits/mo 0.4 miles
Staples Office Supplies
31,010 visits/mo 0.4 miles
Citibank Shops & Services
21,126 visits/mo 0.5 miles
7-Eleven Shops & Services
15,354 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
14,183 visits/mo 0.5 miles

Demographics for 11230, NY

91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$52.11 /SF/Yr
Avg Asking Price
$8.63–$107 /SF/Yr
Price Range
3,891 SF
Avg Space Size

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 - Former movie theatre with high ceilings, featuring entrances on Avenue M and East 17th Street.
Where is this retail space located?
The property is located at 1617 Ave M Brooklyn, NY.
What are key features of this property?
This property features: Former movie theatre with high ceilings; Located about one block from an Avenue M subway entrance; Has entrances on both Avenue M and East 17th Street
(718) 233-6565 Call to check price and availability
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