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Two-Floor Office Space

405 Gates Avenue, Brooklyn, NY 11216

For Lease
$25,000/Mo

Commercial Sale, Brooklyn, NY

Space Size7,500 SF
Lot Size0.09 Acres
Days on Market626

Property Features for 405 Gates Avenue

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Security features Security System
Subdivision Bedford-Stuyvesant
Lot features Corner Lot
View City
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 82281

Amenities

high ceilings
modern finishes
private entrance

Building Details

Year built 1931
Floors in Building 3
Building materials Brick
Listing Agency: CAPLINE CONSOLIDATED LLC
Listed By: Robert Shiryak · License NY #10491213394
Added: Feb 27, 2025 Changed: Oct 1 Last Checked: Nov 14 at 2:06AM
MLS# 11440910

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.

Office suites totaling 7,500 square feet span two floors within a brick building constructed in 1931. The space features high ceilings, modern finishes, a private elevator, and a separate entrance. The suites are identified as newly renovated, while the property condition is also listed as under construction.

Key Highlights

  • 7,500 square feet of office space across two floors
  • Private elevator and dedicated entrance
  • Brick building constructed in 1931

Property Analytics

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

Current Use

Noor Brother Deli ... Food Market

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Nursing Home Auto Parts Store Real Estate Agency

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
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,908
Businesses Nearby

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

$39.99 /SF/Yr
Avg Asking Price
$7.5–$90 /SF/Yr
Price Range
3,323 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Brooklyn, NY

$40.5 Jul
$39.64 Aug
$40.43 Sep
$38.43 Oct

Properties on Market for Office Units in Brooklyn

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Recently updated suites occupy two levels of a historic brick building and include a private entrance and elevator.
Where is this office unit located?
The property is located at 405 Gates Avenue Brooklyn, NY.
What is the lease rate?
The lease rate is $25,000/Mo.
What are key features of this property?
This property features: 7,500 square feet of office space across two floors; Private elevator and dedicated entrance; Brick building constructed in 1931
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