Retail Space with Office
389 Nostrand Ave, Brooklyn, NY 11216
For Lease
New
Contact for pricing
The existing interior is configured for office use, and gas is available in the building.
Space Size1,200 SF
Days on Market7
Property Features for 389 Nostrand Ave
General Information
Standard status
Size
Property subtype
Additional Details
Space Use
Utilities to Site
Spaces For Lease
at 389 Nostrand Ave
389 Nostrand Ave
$6,000/Mo
Floor
1
Size
1,200 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
-Highly visible location on Nostrand Avenue with strong co-tenancy surrounding
-Currently built-out as an office space
-Gas in the building
-High foot traffic provided by local residents, restaurants, and other neighborhood-friendly concepts
-All uses considered
Contact us
Listing Agency:
Meridian Capital Group
(212) 972-3600
Listed By:
Jacob Mayer
(212) 468-5926
Source:
Moodyscre
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 8 at 7:09AM
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 Meridian Capital Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,200-square-foot retail space at 389 Nostrand Avenue in Brooklyn has an existing office configuration. Gas is present in the building.
Key Highlights
- 1,200 square feet of retail space
- Existing interior buildout configured for office use
- Gas in the building
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$9.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,956
Businesses Nearby
164k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 40%
Groceries 11%
Apparel 6%
Shell
Shops & Services
29,804 visits/mo
0.3 miles
7-Eleven
Shops & Services
13,294 visits/mo
0.5 miles
McDonald's
Dining
12,482 visits/mo
0.2 miles
Bravo Supermarkets
Groceries
11,307 visits/mo
0.2 miles
Dunkin' Donuts
Dining
9,793 visits/mo
0.3 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
View Realmo Analytics
Market
Lease Benchmarks for Brooklyn, NY
$56.52 /SF/Yr
Avg Asking Price
$8.57–$230 /SF/Yr
Price Range
3,634 SF
Avg Space Size
This space is priced 6% above the average of $56.52 /SF/Yr.
Properties on Market for Retail space in Brooklyn
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - The existing interior is configured for office use, and gas is available in the building.
Where is this retail space located?
The property is located at 389 Nostrand Ave Brooklyn, NY.
What is the lease rate?
The lease rate is $6,000/Mo.
What are key features of this property?
This property features: 1,200 square feet of retail space; Existing interior buildout configured for office use; Gas in the building
