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Brooklyn Mixed-Use Development Retail Space
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241 37th St, Brooklyn, NY

Retail space in a 6,000,000 SF mixed-use Brooklyn development.

Space Size10,246 SF
Lot Size1.66 Acres
Days on Market923

Property Features for 241 37th St

General Information

Standard status Active
Size 10,246 SF
Lot size 1.66 Acres
Property subtype RETAIL

Spaces For Lease

at 241 37th St Contact us

639 2nd St

Floor
2
Size
10,246 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- A 6,000,000 sf mixed-use development, the largest redevelopment project in the...
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Listing Agency: The Shopping Center Group | NYC
Listed By: Chase Welles
Source: Moodyscre
Added: Feb 28, 2024 Changed: Aug 8 Last Checked: Sep 7 at 12:46PM

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 retail space is located within a 6,000,000 square foot mixed-use development, the largest redevelopment project in the Western Hemisphere, situated in Brooklyn's Sunset Park neighborhood. The adaptive reuse development comprises 16 early 20th-century industrial buildings reimagined for 21st-century uses, including creative offices, warehouses, media and production studios, and light manufacturing. The location offers excellent accessibility, being one block away from the NYC Subway (D, N, R trains at 36th Street). The property benefits from a 9,000 average daytime population and 20,000 average weekend visitors. Building 1 retailers have prominent signage visible to over 150,000 cars per day from the Brooklyn-Queens Expressway and over 6.25 million Costco shoppers per year. Innovation Alley, cutting through the center of the campus, serves as a pedestrian pathway and an immersive shopping experience. Building 6 houses over 10 fully operational alcohol production facilities and tasting rooms. Endcap retailers adjacent to the Brooklyn-Queens Expressway and Third Avenue have traditional open floor plates of 10,000 square feet and 200 feet of retail frontage visible from Third Avenue and the BQE. The 39th Street retail arcade, located directly off of BQE Exit 23, is suitable for auto dealerships, product showrooms, and food and beverage retailers.

Key Highlights

  • Largest redevelopment project in the Western Hemisphere: a 6,000,000 sf mixed‑use development.
  • High Visibility & Traffic**: Prominent signage visible to over 150,000 cars per day and over 6.25 million Costco shoppers per year.
  • Excellent Accessibility: One block from the NYC Subway (D, N, R trains at 36th Street).

Property Analytics

Current Use

Allstate Private Car ... Car Rental Facility Rubyzaar Baked Bakery Freelancers Hub Coworking & Hybrid Office fi.d.o (Bike/Boat/Book/etc) Store Ashley Store Furniture & Home Goods

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Acupuncture 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,439
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 43% Shops & Services 39% Groceries 14% Electronics 3%
BP Shops & Services
12,744 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
11,613 visits/mo 0.4 miles
Associated Supermarkets Groceries
6,609 visits/mo 0.2 miles
Dunkin' Donuts Dining
4,595 visits/mo 0.4 miles
PLS Financial Services Shops & Services
3,640 visits/mo 0.5 miles

Market

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
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space in a 6,000,000 SF mixed-use Brooklyn development.
Where is this shopping center located?
The property is located at 241 37th St Brooklyn, NY.
What are key features of this property?
This property features: Largest redevelopment project in the Western Hemisphere: a 6,000,000 sf mixed‑use development.; High Visibility & Traffic**: Prominent signage visible to over 150,000 cars per day and over 6.25 million Costco shoppers per year.; Excellent Accessibility: One block from the NYC Subway (D, N, R trains at 36th Street).
(212) 741-2500 Call to check price and availability
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