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L-Shaped Retail Storefront
For Sale
Contact for pricing
Pending

2711 Mermaid Ave, Brooklyn, NY 11224

Retail space with central air, new lighting, shelving, gates, and storefront improvements.

Property SizeContact for details
Days on Market143

Property Features for 2711 Mermaid Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Century 21 Mizrahi Realty
Listed By: Samuel Mizrahi · License #NY
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 31 at 5:08AM

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 Century 21 Mizrahi Realty

Investment Insights

Based on property information with market context.

This L-shaped retail storefront at 2711 Mermaid Ave provides 5,000 square feet with 28 feet of frontage and a 140-foot depth. The space includes central air conditioning, two gas blowers, and one bathroom. Improvements include a new storefront, lighting, security gates, and shelving.

The property is associated with a retail business operating for over 35 years. Lease terms include a 5-year lease and a 5-year option, structured as a gross lease.

Key Highlights

  • 5,000 SF L‑shaped retail storefront
  • 28‑foot frontage with 140‑foot depth
  • Central air conditioning and 2 gas blowers

Property Analytics

Current Use

Mg Bargain Discount Store

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,443
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 52% Shops & Services 26% Electronics 20% Apparel 2%
Dunkin' Donuts Dining
4,418 visits/mo 0.2 miles
T-Mobile Electronics
3,630 visits/mo 0.3 miles
Papa John's Pizza Dining
3,569 visits/mo 0.2 miles
Citibank Shops & Services
3,370 visits/mo 0.2 miles
CubeSmart Self Storage Shops & Services
3,274 visits/mo 0.5 miles

Demographics for 11224, NY

46,019
Population
21,354
Households
2.2
Avg Household Size
46
Median Age
33%
College-Educated
82%
High-School Grad
1.6 sq mi
ZIP Area
28,762
Density / Sq Mi
$41,449
Median Household Income
$41,233
Median Earnings
$905
Median Rent
$512,900
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
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Similar Off Market Nearby

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  • M&J Wholesale Flowers 2567 Stillwell Ave 2nd Floor, Brooklyn, NY 11223

Frequently Asked Questions

What type of property is this?
Storefront property - Retail space with central air, new lighting, shelving, gates, and storefront improvements.
Where is this storefront property located?
The property is located at 2711 Mermaid Ave Brooklyn, NY.
What are key features of this property?
This property features: 5,000 SF L‑shaped retail storefront; 28‑foot frontage with 140‑foot depth; Central air conditioning and 2 gas blowers
(718) 998-5700 Call to check price and availability
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