Retail Frontage
For Sale
Contact for pricing
Pending
151-155 Atlantic Avenue, Brooklyn, NY 11201
Two restaurant storefronts provide 50 ft of frontage and 7,708 SF on Atlantic Avenue, each under an active lease.
Property Size7,708 SF
Days on Market128
Property Features for 151-155 Atlantic Avenue
General Information
Standard status
Pending
Size
7,708 SF
Property subtype
Retail, Multifamily, Land
Additional Details
Cap Rate
4.65%
Listing Agency:
TerraCRG
Listed By:
Dan Marks · License #NY 10301207091
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Aug 14 at 7:44AM
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 TerraCRG
Investment Insights
Based on property information with market context.
The offering consists of two properties at 151 and 155 Atlantic Avenue, providing 50 ft of frontage and 7,708 SF total. 151 Atlantic Avenue is occupied by Beasts & Bottles, with a lease expiring in November 2020 and one five-year renewal option. 155 Atlantic Avenue is occupied by Brando Thin Crust, with a lease expiring in 2026.
These properties are located on Atlantic Avenue between Henry Street and Clinton Street. Public remarks indicate the asset is priced to reflect a 4.65% cap rate at the asking price and may appeal to 1031 or value-add buyers.
These properties are located on Atlantic Avenue between Henry Street and Clinton Street. Public remarks indicate the asset is priced to reflect a 4.65% cap rate at the asking price and may appeal to 1031 or value-add buyers.
Key Highlights
- Two restaurant storefronts on Atlantic Avenue with 50 ft of frontage and 7,708 SF total
- 151 Atlantic Avenue is occupied by Beasts & Bottles; lease expires November 2020 with one five‑year renewal option
- 155 Atlantic Avenue is occupied by Brando Thin Crust; lease expires in 2026
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7,596
Businesses Nearby
213k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 42%
Dining 30%
Shops & Services 19%
Home Improvements & Furnishings 4%
Trader Joe's
Groceries
62,148 visits/mo
0.4 miles
Key Food - Atlantic Avenue
Groceries
21,965 visits/mo
0.3 miles
PetSmart
Shops & Services
18,203 visits/mo
0.5 miles
McDonald's
Dining
17,028 visits/mo
0.4 miles
Barnes & Noble
Shops & Services
16,512 visits/mo
0.4 miles
Demographics for 11201, NY
69,703
Population
36,155
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
49,788
Density / Sq Mi
$169,285
Median Household Income
$113,681
Median Earnings
$3,207
Median Rent
$1,131,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Two restaurant storefronts provide 50 ft of frontage and 7,708 SF on Atlantic Avenue, each under an active lease.
Where is this storefront property located?
The property is located at 151-155 Atlantic Avenue Brooklyn, NY.
What are key features of this property?
This property features: Two restaurant storefronts on Atlantic Avenue with 50 ft of frontage and 7,708 SF total; 151 Atlantic Avenue is occupied by Beasts & Bottles; lease expires November 2020 with one five‑year renewal option; 155 Atlantic Avenue is occupied by Brando Thin Crust; lease expires in 2026
