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Renovated Office Suites with Private Entrance
For Lease
$25,000

405 Gates Avenue, Brooklyn, NY 11216

COMMERCIAL - Brooklyn, NY

Space SizeContact for details
Property Size7,500 SF
Lot Size0.09 Acres
Days on Market523

Property Features for 405 Gates Avenue

General Information

Property type Commercial Lease
Property subtype Other
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

Building Details

Year built 1931
Floors in Building 3
Building materials Brick
Listing Agency: CAPLINE CONSOLIDATED LLC
Listed By: Robert Shiryak · License #NY10491213394
Added: Feb 27, 2025 Changed: Jul 2 Last Checked: Aug 4 at 2:06PM
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.

Investment Insights

Based on property information with market context.

This offering includes 7,500 square feet of combined office space across two floors within the same historic building. The suites have been newly renovated and feature high ceilings and modern finishes, with a private elevator and a private entrance serving the space.

The property is located at 405 Gates Avenue in Brooklyn, NY 11216. In addition to the office space, an adjacent lot/backyard associated with 403 Gates Avenue is available for separate lease, providing an optional exterior component depending on a tenant’s operational needs.

The configuration supports organizations that require a coherent footprint across two levels while maintaining controlled entry and elevator access. The private entrance can be useful for teams that prefer dedicated building access and a more self-contained work environment, while the updated interior finishes help reduce occupancy ramp-up for office users.

Key Highlights

  • 7,500 SF of office space across two floors in the same historic building
  • Newly renovated suites with modern finishes and high ceilings
  • Includes a private elevator and a private entrance

Property 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

Location Intelligence

Trade Area within ½ mile

4,616
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

Market

Lease Benchmarks for Brooklyn, NY

$40.33 /SF/Yr
Avg Asking Price
$9.28–$120 /SF/Yr
Price Range
4,036 SF
Avg Space Size

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Newly renovated two-floor office space with high ceilings, modern finishes, and private access for tenant privacy.
Where is this office units located?
The property is located at 405 Gates Avenue Brooklyn, NY.
What is the lease rate?
The lease rate is $25,000.
What are key features of this property?
This property features: 7,500 SF of office space across two floors in the same historic building; Newly renovated suites with modern finishes and high ceilings; Includes a private elevator and a private entrance
More about this property
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