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Retail Space with Large Front Window

1497 Myrtle Avenue, Brooklyn, NY 11237

For Lease
$4,200/Mo

Commercial Lease, Bushwick, NY

Space Size700 SF
Days on Market48

Property Features for 1497 Myrtle Avenue

General Information

Property type Commercial Lease
Property subtype Other
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Subdivision Bushwick
Standard status Active

Amenities

large front window
state of the art split systems for heating and cooling
Listing Agency: EVERGREEN REALTY & INVESTMENTS
Listed By: Emma Barattini
Added: Sep 23 Changed: Nov 6 Last Checked: Nov 9 at 5:06AM
MLS# 11997521

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This approximately 700 SF retail unit has a large street-facing window and basement space. A full interior renovation has been completed, and split systems provide heating and cooling. Dry retail use and light food preparation are noted; major cooking is not suited to the space.

The property is on Myrtle Avenue in Bushwick, within walking distance of the M and L trains. The surrounding corridor is described as commercially active, with pedestrian traffic.

Key Highlights

  • Approximately 700 SF of retail space
  • Basement space available
  • Large front window facing the sidewalk

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Accounting 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
$10.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,940
Businesses Nearby
411k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 42% Dining 31% Shops & Services 16% Apparel 5%
Food Bazaar Supermarket Groceries
76,560 visits/mo 0.3 miles
Food Bazaar Supermarket Groceries
51,452 visits/mo 0.2 miles
Burger King Dining
36,411 visits/mo 0.2 miles
White Castle Dining
24,528 visits/mo 0.1 miles
Dunkin' Donuts Dining
23,384 visits/mo 0.2 miles

Demographics for 11237, NY

49,418
Population
18,801
Households
2.6
Avg Household Size
31
Median Age
41%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
49,418
Density / Sq Mi
$82,570
Median Household Income
$43,421
Median Earnings
$2,109
Median Rent
$1,063,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Brooklyn, NY

$55.4 /SF/Yr
Avg Asking Price
$8.57–$230 /SF/Yr
Price Range
3,725 SF
Avg Space Size

This space is priced 30% above the average of $55.4 /SF/Yr.

Properties on Market for Retail space in Brooklyn

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - The renovated storefront has basement space and split-system heating and cooling.
Where is this retail space located?
The property is located at 1497 Myrtle Avenue Brooklyn, NY.
What is the lease rate?
The lease rate is $4,200/Mo.
What are key features of this property?
This property features: Approximately 700 SF of retail space; Basement space available; Large front window facing the sidewalk
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