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Ground-Floor Retail Space
New
For Lease
$5,700/Mo

385 Nostrand Avenue, Brooklyn, NY 11216

Commercial Lease, BROOKLYN, NY

Space Size1,200 SF
Days on Market2

Property Features for 385 Nostrand Avenue

General Information

Property type Commercial Lease
Property subtype Other
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Subdivision Bedford Stuyvesant
High school district 000000
Standard status Active

Amenities

HVAC system
recessed lighting
finished basement
private backyard
glass storefront

Building Details

Architectural style Other
Listing Agency: Real Street Inc.
Listed By: Sully Klein
Added: Oct 29 Changed: Oct 30 Last Checked: Oct 30 at 9:06AM
MLS# 12049369

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This ground-level retail space at 385 Nostrand Avenue comprises 1,200 SF and is delivered in vanilla-box condition. A glass storefront, HVAC, and recessed lighting are in place. The premises also include a finished basement and a private backyard, extending the available space beyond the main retail floor.

The property sits on Nostrand Avenue between Madison Street and Putnam Avenue in Brooklyn. Nearby businesses include restaurants, cafés, and other local shops, alongside residential buildings. Transit access includes the Nostrand Avenue A/C subway station and the B26, B44, and B52 bus routes.

Key Highlights

  • 1,200 SF of ground‑floor retail space
  • Glass storefront on Nostrand Avenue
  • Finished basement and private backyard

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Havilah Castle Furniture ... Furniture & Home Goods

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Nursing Home Auto Parts Store Skin Care Clinic

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
$8.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,908
Businesses Nearby
217k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 29% Dining 28% Shops & Services 28% Groceries 8%
The Home Depot Home Improvements & Furnishings
63,386 visits/mo 0.4 miles
Shell Shops & Services
29,804 visits/mo 0.5 miles
Chase Bank Shops & Services
13,526 visits/mo 0.4 miles
McDonald's Dining
12,482 visits/mo 0.3 miles
Bravo Supermarkets Groceries
11,307 visits/mo 0.4 miles

Demographics for 11216, NY

61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Brooklyn, NY

$53.92 /SF/Yr
Avg Asking Price
$8.57–$230 /SF/Yr
Price Range
3,832 SF
Avg Space Size

This space is priced 6% above the average of $53.92 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Retail space - Vanilla-box space includes HVAC, a finished basement, and a private backyard.
Where is this retail space located?
The property is located at 385 Nostrand Avenue Brooklyn, NY.
What is the lease rate?
The lease rate is $5,700/Mo.
What are key features of this property?
This property features: 1,200 SF of ground‑floor retail space; Glass storefront on Nostrand Avenue; Finished basement and private backyard
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