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Vented Retail Storefront
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2938 W 16th St, Brooklyn, NY 11224

Vented retail storefront offered for lease with proximity to major Brooklyn attractions and transit.

Property Size2,867 SF
Days on Market159

Property Features for 2938 W 16th St

General Information

Standard status Active
Size 2,867 SF
Property subtype RETAIL
Listing Agency: Newmark - Corporate
Listed By: Aric Trakhtenberg
Source: Moodyscre
Added: Feb 25 Changed: Jul 28 Last Checked: Aug 2 at 1:12PM

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.

Offered for lease, this retail storefront includes venting capability for prepared-food concepts or other vented uses. The space is sized at 2,867 square feet.

Located on W 16th St in Brooklyn, the property is in close proximity to the New York Aquarium and across from Luna Park. It is also about a half block from subway lines, with an annual ridership of 4,579,191. The MCU, home of the New York Mets Minor League Brooklyn Cyclones, draws approximately 280,000 visitors annually.

This combination of vented capability and foot-traffic drivers may fit well for retailers seeking visibility near high-demand destinations.

Key Highlights

  • Vented retail storefront offered for lease
  • Close proximity to the New York Aquarium and across from Luna Park
  • About one half block from nearby subway lines

Property Analytics

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

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

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

Lease Benchmarks for Brooklyn, NY

$56.49 /SF/Yr
Avg Asking Price
$8.63–$200 /SF/Yr
Price Range
1,529 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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Frequently Asked Questions

What type of property is this?
Retail space - Vented retail storefront offered for lease with proximity to major Brooklyn attractions and transit.
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: Vented retail storefront offered for lease; Close proximity to the New York Aquarium and across from Luna Park; About one half block from nearby subway lines
(212) 916-3386 Call to check price and availability
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