Retail Storefront with Parking
For Lease
Contact for pricing
123 Melrose St, Brooklyn, NY 11206
Retail storefront with direct access to a monthly/transient parking garage at the base of a 911-unit building.
Property Size2,077 SF
Days on Market500
Property Features for 123 Melrose St
General Information
Standard status
Active
Size
2,077 SF
Property subtype
RETAIL
Amenities
parking garage
Listing Agency:
Meridian Capital Group
(212) 612-0224
Listed By:
Sam Tucker
Source:
Moodyscre
Added: Mar 18, 2025
Changed: Jul 26
Last Checked: Jul 30 at 12:12PM
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 Meridian Capital Group
Investment Insights
Based on property information with market context.
This retail storefront is positioned at the base of The Denizen, a 911-unit residential building. The space benefits from a strong retail setting within the property, including a brand-new 14,000 SF Foodtown anchor.
The location provides direct access to the monthly/transient parking garage, supporting convenient customer arrival. An institutional ownership group is offering build-out contributions for F&B operators, which can help support early improvements for food and beverage use.
Located in the heart of the rapidly growing area of Bushwick, the property is well suited for retailers looking for street-level access combined with nearby parking convenience.
The location provides direct access to the monthly/transient parking garage, supporting convenient customer arrival. An institutional ownership group is offering build-out contributions for F&B operators, which can help support early improvements for food and beverage use.
Located in the heart of the rapidly growing area of Bushwick, the property is well suited for retailers looking for street-level access combined with nearby parking convenience.
Key Highlights
- Retail storefront at the base of a 911‑unit residential building
- Anchored by a new 14,000 SF Foodtown
- Direct access to a monthly/transient parking garage
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
6,584
Businesses Nearby
326k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Groceries 23%
Shops & Services 14%
Electronics 11%
Food Bazaar Supermarket
Groceries
41,952 visits/mo
0.3 miles
McDonald's
Dining
37,292 visits/mo
0.5 miles
Dunkin' Donuts
Dining
35,295 visits/mo
0.2 miles
Shoppers World
Apparel
16,961 visits/mo
0.5 miles
BP
Shops & Services
15,657 visits/mo
0.2 miles
Demographics for 11206, NY
91,549
Population
34,838
Households
2.6
Avg Household Size
30
Median Age
36%
College-Educated
77%
High-School Grad
1.4 sq mi
ZIP Area
65,392
Density / Sq Mi
$57,280
Median Household Income
$44,145
Median Earnings
$1,558
Median Rent
$822,100
Median Home Value
Market
Lease Benchmarks for Brooklyn, NY
$62.95 /SF/Yr
Avg Asking Price
$21–$200 /SF/Yr
Price Range
1,308 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront with direct access to a monthly/transient parking garage at the base of a 911-unit building.
Where is this storefront property located?
The property is located at 123 Melrose St Brooklyn, NY.
What are key features of this property?
This property features: Retail storefront at the base of a 911‑unit residential building; Anchored by a new 14,000 SF Foodtown; Direct access to a monthly/transient parking garage
