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Retail Space in Bushwick
For Lease
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48 Cypress Ave, Brooklyn, NY 11237

Versatile space suitable for retail or creative use.

Space Size1,200 SF
Days on Market649

Property Features for 48 Cypress Ave

General Information

Standard status Active
Size 1,200 SF
Property subtype Retail

Building Details

Tenancy Multiple

Spaces For Lease

at 48 Cypress Ave Contact us

Ground

Size
1,200 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: MOD CRE
Listed By: Meyer Dagmy · License #NY 10491211186
Source: Crexi
Added: Nov 22, 2024 Changed: Aug 25 Last Checked: Aug 31 at 11:12PM

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 MOD CRE

Investment Insights

Based on property information with market context.

Located at 48 Cypress Avenue in Brooklyn, this retail space in Bushwick is available for rent. The space is suitable for retail or creative use.

Key Highlights

  • Prime retail space in Bushwick, perfect for your business.
  • Versatile space ideal for retail or creative use.
  • Located at 48 Cypress Avenue, Brooklyn.

Property Analytics

Current Use

Empanada City Restaurant Vacations BK Bar & Pub Runaway Diner Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Accounting Firm Nursing Home Acupuncture

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
$7.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,363
Businesses Nearby
157k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 44% Shops & Services 26% Dining 17% Home Improvements & Furnishings 5%
Western Beef Groceries
25,623 visits/mo 0.5 miles
Key Food Groceries
14,926 visits/mo 0.2 miles
Windsor Farms Market Groceries
14,812 visits/mo 0.4 miles
BP Shops & Services
14,392 visits/mo 0.5 miles
Bank of America Shops & Services
12,018 visits/mo 0.5 miles

Demographics for 11237, NY

49,418
Population
18,801
Households
2.6
Avg Household Size
31
Median Age
41%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
49,418
Density / Sq Mi
$82,570
Median Household Income
$43,421
Median Earnings
$2,109
Median Rent
$1,063,700
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

This space is priced 3% below the average of $51.68 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Versatile space suitable for retail or creative use.
Where is this retail space located?
The property is located at 48 Cypress Ave Brooklyn, NY.
What is the lease rate?
The lease rate is $50 SF/Yr.
What are key features of this property?
This property features: Prime retail space in Bushwick, perfect for your business.; Versatile space ideal for retail or creative use.; Located at 48 Cypress Avenue, Brooklyn.
More about this property
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