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Restaurant Ready Corner Location
For Lease
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1977 Ralph Ave, Brooklyn, NY 11234

Restaurant-ready space with 18 parking spaces at a traffic light corner with over 26,000 VPD exposure.

Space Size1,303 SF
Days on Market1164

Property Features for 1977 Ralph Ave

General Information

Standard status Active
Size 1,303 SF
Total Parking Spaces 18
Property subtype RETAIL

Site & Location

Traffic Count 26,000 vehicles/day
Utilities to Site Yes

Additional Details

Space Use Restaurant

Spaces For Lease

at 1977 Ralph Ave Contact us

1977 Ralph Ave

Floor
1
Size
1,303 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 18 Parking spaces - Prime corner location - Over 26,000 VPD - Traffic light intersection -...
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Listing Agency: RIPCO Real Estate - Brooklyn
Listed By: Geoff Bailey
Source: Moodyscre
Added: Jun 13, 2023 Changed: Aug 8 Last Checked: Aug 18 at 11:16AM

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 restaurant-ready commercial space offers a practical setup for food service operations, including an easily vented layout and a 3" gas main for cooking equipment needs. The property includes 1,303 square feet of interior space.

Positioned at a corner traffic light intersection, the site benefits from strong vehicular visibility, with over 26,000 VPD passing the location. On-site parking is available with 18 parking spaces, supporting convenient customer access for dining and takeout traffic.

Key Highlights

  • Over 26,000 VPD at a traffic light corner intersection
  • Restaurant ready with an easily vented setup
  • 18 parking spaces on site

Property Analytics

Current Use

The UPS Store Courier Service Shred Nations Recycling Center Mbele’s Experience Photography Service

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

26,000 VPD
Traffic count
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,961
Businesses Nearby
199k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 30% Groceries 24% Dining 22% Apparel 15%
McDonald's Dining
29,624 visits/mo 0.4 miles
Food Way Groceries
29,449 visits/mo 0.2 miles
Key Food Supermarkets Groceries
17,977 visits/mo 0.4 miles
Five Below Shops & Services
17,012 visits/mo 0.1 miles
MadRag Apparel
15,612 visits/mo 0.2 miles

Demographics for 11234, NY

92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$30.88 /SF/Yr
Avg Asking Price
$26.67–$39.51 /SF/Yr
Price Range
1,863 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant-ready space with 18 parking spaces at a traffic light corner with over 26,000 VPD exposure.
Where is this conventional restaurant located?
The property is located at 1977 Ralph Ave Brooklyn, NY.
What are key features of this property?
This property features: Over 26,000 VPD at a traffic light corner intersection; Restaurant ready with an easily vented setup; 18 parking spaces on site
(718) 233-6565 Call to check price and availability
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