405 Gates Ave, Brooklyn, NY 11216
For Lease
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This exceptional 2,000-square-foot retail space is ideally situated in the vibrant North Brooklyn submarket of Kings County, at 405-407 Gates Avenue. The property offers a single-tenant occupancy, providing an unparalleled opportunity for a business seeking a prominent location with high visibility. The entire 2,000 square feet is currently vacant and ready for immediate occupancy, allowing for complete customization to suit a tenant's specific needs and brand aesthetic. This presents a blank canvas for a retailer to establish a strong presence in a thriving neighborhood known for its diverse population and high foot traffic. The property's classification as commercial retail ensures its suitability for a wide range of businesses, from boutiques and cafes to service providers and specialty shops. Its location in North Brooklyn offers excellent access to public transportation, making it easily accessible to customers from across the borough and beyond. The single-tenant setup provides privacy and control, eliminating the complexities of multi-tenant management. This is a rare opportunity to secure a substantial retail space in a highly desirable area, offering significant potential for growth and success. Interested parties are encouraged to inquire promptly to secure this exceptional property. The property is available for lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R6A · Brooklyn, NYBrooklyn. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.