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Retail Arcade Endcap Shopping Center
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148-168 39th St, Brooklyn, NY 11232

Ground-level endcap retail fronts a pedestrian-focused campus with dedicated retail access off the BQE and nearby subway service.

Property Size1,338 SF
Days on Market886

Property Features for 148-168 39th St

General Information

Standard status Active
Size 1,338 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: The Shopping Center Group | NYC
Listed By: Chase Welles
Source: Moodyscre
Added: Feb 28, 2024 Changed: Jul 30 Last Checked: Aug 1 at 10:30AM

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 The Shopping Center Group | NYC

Investment Insights

Based on property information with market context.

This shopping center offering is part of Industry City, an adaptive reuse campus in Brooklyn’s Sunset Park neighborhood. The mixed-use development includes 16 early 20th century industrial buildings reimagined for creative offices, warehouses, media and production studios, and light manufacturing on upper floors. On the retail side, Building 1 retailers have prominent signage, and endcap retailers feature traditional open floor plates with dedicated retail frontage.

The project provides strong access from the Brooklyn-Queens Expressway and Third Avenue, with endcap retailers visible from the BQE. The 39th Street retail arcade is located directly off BQE Exit 23 and is positioned for auto dealerships, product showrooms, and food and beverage retailers. For transit access, the NYC Subway is about one block away, with the D, N, and R trains at 36th Street.

Visitors come for daily events and programming within Innovation Alley, a pedestrian pathway that runs through the center of the campus.

Key Highlights

  • Endcap retailers offer traditional open floor plates of 10,000 SF
  • Endcaps provide 200’ of retail frontage visible from Third Avenue and the BQE
  • 39th Street retail arcade located directly off BQE Exit 23

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Skin Care Clinic

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,029
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11232, NY

30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Similar Off Market Nearby

  • Liberty View Industrial Plaza — 850 3rd Ave, Brooklyn, NY 11232

Frequently Asked Questions

What type of property is this?
Shopping center - Ground-level endcap retail fronts a pedestrian-focused campus with dedicated retail access off the BQE and nearby subway service.
Where is this shopping center located?
The property is located at 148-168 39th St Brooklyn, NY.
What are key features of this property?
This property features: Endcap retailers offer traditional open floor plates of 10,000 SF; Endcaps provide 200’ of retail frontage visible from Third Avenue and the BQE; 39th Street retail arcade located directly off BQE Exit 23
(212) 741-2500 Call to check price and availability
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