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Retail Space with 800A Electric
New
For Lease
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48 Somers Street, Brooklyn, NY 11233

Newly constructed storefront with high-capacity power and tenant improvement availability.

Space Size1,707 SF
Days on Market7

Property Features for 48 Somers Street

General Information

Standard status Active
Size 1,707 SF
Net Rentable 1,707 SF
Property subtype Retail

Space & Availability

Available Space 1,707 SF
Contiguous Space 1,707 SF
Space Use Retail

Lease Terms

Lease Rate $50 /USD/SF/YR
Monthly Rent $7,112
Rent per SF/Year $50

Additional Details

Utilities to Site Yes

Amenities

800A electric service

Building Details

Building Size 1,707 SF
Tenancy Single

Spaces For Lease

at 48 Somers Street Contact us

Ground Floor

Size
1,707 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: MOD CRE
Listed By: Meyer Dagmy · License #NY 10491211186
Source: Crexi
Added: Aug 27 Changed: Sep 1 Last Checked: Sep 1 at 9:15PM

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.

This 1,707-square-foot retail space occupies a newly constructed building on Fulton Street in Brooklyn’s Bedford-Stuyvesant neighborhood. The premises offer 800A electric service, supporting commercial users with substantial power requirements, and tenant improvements are available for the right tenant.

The storefront is positioned between Lewis Avenue and Marcus Garvey Boulevard along a high-traffic corridor with strong foot traffic. Nearby businesses include Dunkin’, Crown Fried Chicken, Subway, Key Food Supermarket, Fulton Ale House, and Bravo Supermarkets. The location provides exposure within an established retail setting and convenient proximity to neighboring food, grocery, and service-oriented tenants.

Key Highlights

  • 1,707 SF retail space for lease in a newly constructed building
  • 800A electric service for high‑power commercial use
  • Located on Fulton Street between Lewis Avenue and Marcus Garvey Boulevard

Property Analytics

Current Use

Retail space

Suggested Use

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$7.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,271
Businesses Nearby
91k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 51% Dining 22% Groceries 22% Beauty & Spa 2%
Popeyes Louisiana Kitchen Dining
19,139 visits/mo 0.5 miles
America's Food Basket Groceries
13,570 visits/mo 0.2 miles
Family Dollar Shops & Services
11,850 visits/mo 0.5 miles
Shell Shops & Services
8,338 visits/mo 0.4 miles
Family Dollar Shops & Services
7,329 visits/mo 0.2 miles

Demographics for 11233, NY

75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
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
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Frequently Asked Questions

What type of property is this?
Retail space - Newly constructed storefront with high-capacity power and tenant improvement availability.
Where is this retail space located?
The property is located at 48 Somers Street Brooklyn, NY.
What are key features of this property?
This property features: 1,707 SF retail space for lease in a newly constructed building; 800A electric service for high‑power commercial use; Located on Fulton Street between Lewis Avenue and Marcus Garvey Boulevard
More about this property
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