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Flexible Retail Space in Shopping Center
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3 Flushing Ave, Brooklyn, NY 11249

Flexible retail divisions from 1,500 to 40,000 SF with access to 700 parking spaces.

Property Size4,220 SF
Days on Market803

Property Features for 3 Flushing Ave

General Information

Standard status Active
Size 4,220 SF
Total Parking Spaces 700
Property subtype RETAIL
Listing Agency: RIPCO Real Estate - Brooklyn
Listed By: Jason Pennington
Source: Moodyscre
Added: May 20, 2024 Changed: Jul 26 Last Checked: Jul 30 at 9:57AM

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 shopping center offers flexible retail space with divisions sized from 1,500 SF up to 40,000 SF, supporting a wide range of tenant uses. Building B is identified as Community Use, providing an additional configuration option within the property.

Anchors and nearby demand are supported by the presence of New York City’s first Wegmans Grocery, with projected customer volume of 75,000 per week. The center also benefits from proximity to Brooklyn Navy Yard, with projected 20,000 workers adjacent.

Parking availability is positioned to support customer and workforce traffic, with 700 spaces available between an on-site parking garage and parking lot.

Key Highlights

  • Flexible retail/space divisions available from 1,500 SF to 40,000 SF
  • 75,000 customers expected per week anchored by New York City’s first Wegmans Grocery
  • Projected 20,000 workers adjacent at Brooklyn Navy Yard

Property Analytics

Current Use

CityMD Brooklyn Navy ... Medical Clinic Starbucks Cafe & Coffee Shop FreshDirect Wine & Spirits (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Building Supply Spa & Massage Center Dental Office

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

11,970
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 39% Groceries 24% Hotels & Casinos 21% Dining 16%
Mobil Shops & Services
10,567 visits/mo 0.3 miles
Bravo Supermarkets Groceries
7,424 visits/mo 0.4 miles
Sheraton Brooklyn New York Hotel Hotels & Casinos
6,476 visits/mo 0.5 miles
First Wok Dining
3,665 visits/mo 0.4 miles
Extra Space Storage Shops & Services
1,565 visits/mo 0.5 miles

Demographics for 11249, NY

42,024
Population
18,958
Households
2.2
Avg Household Size
31
Median Age
59%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
60,034
Density / Sq Mi
$121,400
Median Household Income
$81,638
Median Earnings
$2,982
Median Rent
$1,326,700
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$56.49 /SF/Yr
Avg Asking Price
$8.63–$200 /SF/Yr
Price Range
1,529 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 - Flexible retail divisions from 1,500 to 40,000 SF with access to 700 parking spaces.
Where is this retail space located?
The property is located at 3 Flushing Ave Brooklyn, NY.
What are key features of this property?
This property features: Flexible retail/space divisions available from 1,500 SF to 40,000 SF; 75,000 customers expected per week anchored by New York City’s first Wegmans Grocery; Projected 20,000 workers adjacent at Brooklyn Navy Yard
(212) 750-6565 Call to check price and availability
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