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Flexible Retail Space with Parking
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25 Navy St, Brooklyn, NY 11205

Flexible retail space with divisions from 1,500 to 40,000 SF and 700 parking spaces between garage and lot.

Property Size18,900 SF
Days on Market802

Property Features for 25 Navy St

General Information

Standard status Active
Size 18,900 SF
Total Parking Spaces 700
Property subtype RETAIL

Additional Details

Business Included No
Listing Agency: RIPCO Real Estate - Brooklyn
Listed By: Jason Pennington
Source: Moodyscre
Added: May 21, 2024 Changed: Jul 28 Last Checked: Jul 30 at 2:37PM

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 RIPCO Real Estate - Brooklyn

Investment Insights

Based on property information with market context.

This shopping center offers flexible retail space with divisions from 1,500 SF to 40,000 SF, with all uses considered. Building B is designated for community use, providing options for tenanting plans that require that classification.

The center is anchored by New York City’s first Wegmans Grocery, with expected customer traffic of 75,000 per week. The adjacent Brooklyn Navy Yard is projected to support approximately 20,000 workers.

Parking is available on-site with 700 spaces total between a parking garage and parking lot, supporting day-to-day operations and customer access.

Key Highlights

  • Flexible retail space with potential divisions from 1,500 SF up to 40,000 SF
  • 700 parking spaces available between the parking garage and parking lot
  • Building B designated as community use

Property Analytics

Current Use

Admirals Row E Department Store

Suggested Use

Top Pick Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Tanning Salon Adult Day Care

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

11,785
Businesses Nearby
134k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 41% Apparel 28% Shops & Services 16% Groceries 6%
New York Marriott at the Brooklyn Bridge Hotels & Casinos
48,622 visits/mo 0.4 miles
Goodwill Apparel
18,116 visits/mo 0.4 miles
Mobil Shops & Services
10,567 visits/mo 0.2 miles
The UPS Store Shops & Services
9,497 visits/mo 0.4 miles
Bravo Supermarkets Groceries
7,424 visits/mo 0.3 miles

Demographics for 11205, NY

50,474
Population
19,200
Households
2.6
Avg Household Size
30
Median Age
52%
College-Educated
86%
High-School Grad
1.2 sq mi
ZIP Area
42,062
Density / Sq Mi
$86,753
Median Household Income
$59,901
Median Earnings
$2,307
Median Rent
$892,800
Median Home Value

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 - Flexible retail space with divisions from 1,500 to 40,000 SF and 700 parking spaces between garage and lot.
Where is this shopping center located?
The property is located at 25 Navy St Brooklyn, NY.
What are key features of this property?
This property features: Flexible retail space with potential divisions from 1,500 SF up to 40,000 SF; 700 parking spaces available between the parking garage and parking lot; Building B designated as community use
(212) 750-6565 Call to check price and availability
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