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Restaurant Space with Built Kitchen
For Lease
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254 5th Ave, Brooklyn, NY 11215

Restaurant space features extra-wide frontage, three storefronts, and a built kitchen with venting plus HVAC.

Space Size5,040 SF
Days on Market121

Property Features for 254 5th Ave

General Information

Standard status Active
Size 5,040 SF
Property subtype RETAIL

Amenities

Extra-wide Frontage
3 Storefronts
High Ceilings
Lower-Level Storage
Built Kitchen w/ Venting
HVAC
Walk in Freezers

Spaces For Lease

at 254 5th Ave Contact us

254 5th Ave

Floor
1
Size
5,040 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Nestled in the heart of Park Slope, this 5,040 SF restaurant space offers outstanding...
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Listing Agency: TerraCRG Commercial Realty Group
Listed By: Peter Schubert
Source: Moodyscre
Added: May 8 Changed: Aug 23 Last Checked: Sep 5 at 2:38PM

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 Commercial Realty Group

Investment Insights

Based on property information with market context.

This restaurant space offers three storefronts and extra-wide frontage with high ceilings for an open street-facing presentation. The space includes a built kitchen with venting, HVAC, and walk-in freezers, along with 3,500 SF of lower-level storage.

Located along Fifth Avenue in Park Slope, the property is described as being just off Carroll Street and within walking distance of Barclays Center and Union Street Station.

The space also notes an active liquor license, supporting full-service restaurant operations. The layout includes both street-level dining and substantial lower-level storage for day-to-day use.

Key Highlights

  • 5,040 SF restaurant space on Fifth Avenue with extra‑wide frontage and 3 storefronts
  • Formerly Negril BK; active liquor license included
  • Built kitchen with venting plus HVAC

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Accounting Firm Nursing Home Catering Service Auto Parts Store 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

8,826
Businesses Nearby
288k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 43% Shops & Services 30% Dining 16% Office Supplies 7%
Whole Foods Market Groceries
88,654 visits/mo 0.3 miles
Key Food Urban Marketplace Groceries
23,386 visits/mo 0.4 miles
Shell Shops & Services
22,155 visits/mo 0.5 miles
Staples Office Supplies
19,418 visits/mo 0.2 miles
Dinosaur Bar-B-Que Dining
9,469 visits/mo 0.1 miles

Demographics for 11215, NY

67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$30.88 /SF/Yr
Avg Asking Price
$26.67–$39.51 /SF/Yr
Price Range
1,904 SF
Avg Space Size

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space features extra-wide frontage, three storefronts, and a built kitchen with venting plus HVAC.
Where is this conventional restaurant located?
The property is located at 254 5th Ave Brooklyn, NY.
What are key features of this property?
This property features: 5,040 SF restaurant space on Fifth Avenue with extra‑wide frontage and 3 storefronts; Formerly Negril BK; active liquor license included; Built kitchen with venting plus HVAC
(718) 705-4461 Call to check price and availability
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