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Net-Leased Single-Story Retail
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452 Rockaway Ave, Brooklyn, NY 11212

C4-3 zoning supports additional development potential on the built-out site.

Property Size2,500 SF
Lot Size0.06 Acres
Days on Market143

Property Features for 452 Rockaway Ave

General Information

Standard status Active
Size 2,500 SF
Lot size 0.06 Acres
Property subtype Retail
Zoning C4-3
Occupancy 100%

Additional Details

Cap Rate 6%

Building Details

Buildings 1
Stories 1
Tenancy Single
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Scott Plasky · License #NY 40PL1176852
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:24AM

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 Marcus & Millichap - Manhattan

Investment Insights

Based on property information with market context.

This single-story retail building contains 2,500 square feet on a fully built 2,500 SF lot. The property is occupied by Silk Road Fabrics, which has operated at the site since 2019. The current ten-year lease extends through 2029 and includes 3% annual increases, with no extension options. The lease structure is true NN: the tenant pays operating expenses directly, while the landlord retains responsibility for roof and structural repairs. Tax reimbursements above the 2018/2019 base year are also provided. The offering reflects a 6% CAP rate.

Located at 452 Rockaway Avenue between Pitkin Avenue and Sutter Avenue, the property is surrounded by residential, commercial, and recreational uses. Nearby retailers and services include Chase Bank, Planet Fitness, McDonald’s, McDonald’s, Taco Bell, T-Mobile, Rite Aid, Foot Locker, GameStop, and Domino’s. C4-3 zoning allows an additional 6,000 SF of construction.

Key Highlights

  • 2,500 square‑foot single‑story retail building on a 2,500 SF lot
  • Ten‑year lease runs through 2029 with no options to extend
  • 3% annual rent increases

Property Analytics

Current Use

99 Cents Department Store Silk Road Fabrics ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Parking Lot & Garage Gym & Fitness Center

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,615
Businesses Nearby
111k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Apparel 25% Groceries 24% Beauty & Spa 2%
BP Shops & Services
17,847 visits/mo 0.4 miles
Shoppers World Apparel
14,472 visits/mo 0.2 miles
America's Food Basket Groceries
13,570 visits/mo 0.5 miles
Dollar Tree Shops & Services
10,409 visits/mo 0.1 miles
Family Dollar Shops & Services
9,850 visits/mo 0.2 miles

Demographics for 11212, NY

91,574
Population
34,782
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
61,049
Density / Sq Mi
$40,060
Median Household Income
$32,553
Median Earnings
$1,231
Median Rent
$549,400
Median Home Value

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - C4-3 zoning supports additional development potential on the built-out site.
Where is this nnn property located?
The property is located at 452 Rockaway Ave Brooklyn, NY.
What are key features of this property?
This property features: 2,500 square‑foot single‑story retail building on a 2,500 SF lot; Ten‑year lease runs through 2029 with no options to extend; 3% annual rent increases
(212) 430-5229 Call to check price and availability
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