Listing Agency: Newmark - Corporate a***@nmrk.com Show Phone

Listed By: Aric Trakhtenberg

Source: Moodyscre

Added: Nov 24, 2025 Changed: Jul 10 Last Checked: Jul 21 at 6:17AM

Report an Issue

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 Newmark - Corporate

Investment Insights

Based on property information with market context.

This property is a brand new retail development available for rent. The space features high ceilings and glass frontage. The property size is 3,000 square feet and is located at 2938 W 16th St, Brooklyn, NY.

Key Highlights

• Brand new development
• High ceilings
• Glass frontage

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

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

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

1,939

Businesses Nearby

315k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 41% Home Improvements & Furnishings 32% Shops & Services 15% Groceries 11%

The Home Depot Home Improvements & Furnishings

96,609 visits/mo 0.4 miles

McDonald's Dining

37,003 visits/mo 0.5 miles

Food Bazaar Supermarket Groceries

29,874 visits/mo 0.4 miles

Starbucks Dining

19,964 visits/mo 0.3 miles

Citgo Shops & Services

17,956 visits/mo 0.4 miles

Market

Lease Benchmarks for Brooklyn, NY

$56.71 /SF/Yr

Avg Asking Price

$8.63–$200 /SF/Yr

Price Range

3,737 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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Rent Nearby

Medical Office with Exam Rooms

1749 E 16th Street, Brooklyn, NY 11229

$10,000/Mo

4,600 sqft

View details

Office Space in Elevator Building

6402 8th Avenue, Brooklyn, NY 11220

$3,000/Mo

500 sqft

View details

Office Suite with Reception

314 Kings Highway, Brooklyn, NY 11223

$6,000/Mo

1,300 sqft

View details

Previously Medical Clinic Office Suite

6805 4th Avenue, Brooklyn, NY 11214

$5,000/Mo

1,600 sqft

View details

Office Units with Mezzanine Level

663 3rd Avenue, Brooklyn, NY 11232

$6,900/Mo

2,700 sqft

View details

First-Floor Medical Office Suite

2292 Ralph Avenue, Brooklyn, NY 11234

$3,500/Mo

722 sqft

View details

Standalone Storefront with Basement

Brooklyn, NY 11237

$3,495/Mo

400 sqft

View details

Open-Layout Retail Space

1366 Flatbush Avenue, Brooklyn, NY 11210

$4,200/Mo

1,800 sqft

View details

Newly Renovated Medical Office

1046 E 15th Street, Brooklyn, NY 11230

$6,200/Mo

2,600 sqft

View details

Two-Storefront Retail Property

986 Gates Ave, Brooklyn, NY 11221

$4,500/Mo

1,300 sqft

View details

Ground-Floor Retail and Medical Storefront

322 Myrtle Ave, Brooklyn, NY 11205

$7,000/Mo

1,640 sqft

View details

Community Facility Space in New Building

101 Oriental Boulevard, Brooklyn, NY 11235

$19,800/Mo

4,433 sqft

View details

Frequently Asked Questions

What type of property is this?

Retail space - Brand new retail space with high ceilings and glass frontage.

Where is this retail space located?

The property is located at 2938 W 16th St Brooklyn, NY.

What are key features of this property?

This property features: Brand new development; High ceilings; Glass frontage