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Flexible Retail Space in Shopping Center
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25 Navy St, Brooklyn, NY 11205

All uses considered with flexible retail divisions and access to 700 parking spaces across garage and lot.

Property Size1,500 SF - 40,000 SF
Days on Market802

Property Features for 25 Navy St

General Information

Standard status Active
Size 1,500 SF - 40,000 SF
Net Rentable 1,500 SF
Total Parking Spaces 700
Property subtype RETAIL

Space & Availability

Available Space 1,500-40,000 SF
Contiguous Space 40,000 SF
Divisible Yes
Listing Agency: RIPCO Real Estate - Brooklyn
Listed By: Jason Pennington
Source: Moodyscre
Added: May 21, 2024 Changed: Jul 29 Last Checked: Jul 30 at 11:09AM

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 RIPCO Real Estate - Brooklyn

Investment Insights

Based on property information with market context.

This shopping center offers flexible retail space with divisions available from 1,500 SF to 40,000 SF, with all uses considered. Building B is designated for community use, providing additional flexibility for tenant concepts.

The center is anchored by New York City’s first Wegmans Grocery, with 75,000 customers expected per week. The property is projected to sit adjacent to 20,000 workers at Brooklyn Navy Yard, and the overall parking supply totals 700 spaces between the parking garage and parking lot.

Tenancy within the project is designed to accommodate a range of requirements, supported by the combination of flexible unit sizing and on-site parking.

Key Highlights

  • Anchored by New York City’s first Wegmans Grocery; projected 75,000 customers per week
  • Projected 20,000 workers adjacent at Brooklyn Navy Yard
  • Flexible divisions available from 1,500 SF up to 40,000 SF (all uses considered)

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 - All uses considered with flexible retail divisions and access to 700 parking spaces across 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: Anchored by New York City’s first Wegmans Grocery; projected 75,000 customers per week; Projected 20,000 workers adjacent at Brooklyn Navy Yard; Flexible divisions available from 1,500 SF up to 40,000 SF (all uses considered)
(212) 750-6565 Call to check price and availability
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