Search
Ground-Floor Retail Space

1538 Gates Ave, Brooklyn, NY 11237

For Lease
New
Contact for pricing

A basement provides additional storage space beneath the street-level premises.

Space Size1,500 SF
Days on Market7

Property Features for 1538 Gates Ave

General Information

Standard status Active
Size 1,500 SF
Property subtype RETAIL

Additional Details

Space Use Retail

Amenities

Steps from Myrtle-Wyckoff Avenue L & M station

Spaces For Lease

at 1538 Gates Ave
1538 Gates Ave $5,000/Mo
Floor 1
Size 1,500 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
-Ground floor with basement for storage -Steps from Myrtle-Wyckoff Avenue L & M station -All dry F&B and retail uses considered
Contact us
Listing Agency: Meridian Capital Group
Listed By: Noam Aziz
Source: Moodyscre
Added: Nov 4 Last Checked: Nov 10 at 8:09AM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,500-square-foot retail space occupies the ground floor and includes a basement for storage. The configuration provides a separate lower-level area alongside the customer-facing space.

The premises are steps from the Myrtle-Wyckoff Avenue L and M station in Brooklyn. Dry food-and-beverage and retail uses are being considered.

Key Highlights

  • 1,500 square feet of ground‑floor retail space
  • Basement area available for storage
  • Dry food‑and‑beverage and retail uses considered

Property Analytics

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

Current Use

Nouveau Corporation Construction Company New Ridgewood Car ... Courier Service MelDeez3 Restaurant Sugar Barber Shop Barber Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Veterinary 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

NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,882
Businesses Nearby
398k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 38% Dining 36% Shops & Services 16% Apparel 6%
Food Bazaar Supermarket Groceries
76,560 visits/mo 0.2 miles
Food Bazaar Supermarket Groceries
51,452 visits/mo 0.1 miles
Burger King Dining
36,411 visits/mo 0.4 miles
White Castle Dining
24,528 visits/mo 0.1 miles
Dunkin' Donuts Dining
23,384 visits/mo 0.0 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

$56.52 /SF/Yr
Avg Asking Price
$8.57–$230 /SF/Yr
Price Range
3,634 SF
Avg Space Size

This space is priced 29% below the average of $56.52 /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 - A basement provides additional storage space beneath the street-level premises.
Where is this retail space located?
The property is located at 1538 Gates Ave Brooklyn, NY.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: 1,500 square feet of ground‑floor retail space; Basement area available for storage; Dry food‑and‑beverage and retail uses considered
(212) 468-5984 · Office Call to check price and availability
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved