Two-Floor Office
For Lease
$25,000/Mo
405 Gates Avenue, Brooklyn, NY 11216
Commercial Sale, Brooklyn, NY
Space Size7,500 SF
Lot Size0.09 Acres
Days on Market587
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 #NY10491213394
(347) 908-7623
Added: Feb 27, 2025
Changed: Oct 1
Last Checked: Oct 7 at 5:06AM
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.
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
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,908
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Brooklyn, NY
$40.61 /SF/Yr
Avg Asking Price
$9.28–$150 /SF/Yr
Price Range
3,547 SF
Avg Space Size
This space is priced 2% below the average of $40.61 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Recently updated suites occupy two levels of a historic brick building and include a private entrance and elevator.
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/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
