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Retail Space Near Subway Station
For Lease
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445 5th Ave, Brooklyn, NY 11215

Retail opportunity in a new development with neighboring Chipotle and Panda Express and direct proximity to a subway station.

Space Size6,000 SF
Days on Market747

Property Features for 445 5th Ave

General Information

Standard status Active
Size 6,000 SF
Property subtype RETAIL

Spaces For Lease

at 445 5th Ave Contact us

453 5th Ave

Floor
1
Size
6,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Join Chipotle & Panda Express in rare, brand-new development - ICAP tax abatement...
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Listing Agency: Kassin Sabbagh Realty (KSR)
Listed By: George Skaliarinis
Source: Moodyscre
Added: Aug 20, 2024 Changed: Aug 31 Last Checked: Sep 4 at 5:32PM

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 Kassin Sabbagh Realty (KSR)

Investment Insights

Based on property information with market context.

This 6,000-square-foot retail space is located at 445 5th Ave in Brooklyn. The property is part of a brand-new development with Chipotle and Panda Express as neighboring food-service tenants.

The space is adjacent to the 4th Ave/9th St/7th Ave subway station, providing immediate access to subway transportation. An ICAP tax abatement is in place for the property.

Key Highlights

  • 6,000‑square‑foot retail space
  • Brand‑new development with Chipotle and Panda Express
  • Adjacent to the 4th Ave/9th St/7th Ave subway station

Property Analytics

Current Use

Halal cart Restaurant

Suggested Use

Top Pick Law Firm Accounting Firm Hair Salon Nursing Home Nail Salon (Bike/Boat/Book/etc) Store

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

7,969
Businesses Nearby
300k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 39% Groceries 33% Dining 20% Office Supplies 6%
Whole Foods Market Groceries
88,654 visits/mo 0.4 miles
Barnes & Noble Shops & Services
34,907 visits/mo 0.3 miles
Staples Office Supplies
19,418 visits/mo 0.4 miles
Bank of America Shops & Services
13,992 visits/mo 0.2 miles
BP Shops & Services
13,850 visits/mo 0.4 miles

Demographics for 11215, NY

67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$51.68 /SF/Yr
Avg Asking Price
$8.63–$150 /SF/Yr
Price Range
3,749 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail opportunity in a new development with neighboring Chipotle and Panda Express and direct proximity to a subway station.
Where is this retail space located?
The property is located at 445 5th Ave Brooklyn, NY.
What are key features of this property?
This property features: 6,000‑square‑foot retail space; Brand‑new development with Chipotle and Panda Express; Adjacent to the 4th Ave/9th St/7th Ave subway station
(917) 991-1539 Call to check price and availability
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