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Retail Space
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510 5th Ave, Brooklyn, NY 11215

Flexible commercial space where all proposed uses will be considered.

Space Size5,000 SF
Days on Market668

Property Features for 510 5th Ave

General Information

Standard status Active
Size 5,000 SF
Property subtype RETAIL

Spaces For Lease

at 510 5th Ave Contact us

510 5th Ave

Floor
Bldg
Size
5,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Among the highest household incomes in NYC - Competitively priced space in proven...
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Listing Agency: RIPCO Real Estate - Brooklyn
Listed By: Jake Carnabuci · License #10401366764
Source: Moodyscre
Added: Nov 6, 2024 Changed: Aug 8 Last Checked: Sep 5 at 12:33PM

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 RIPCO Real Estate - Brooklyn

Investment Insights

Based on property information with market context.

This 5000-square-foot retail space is available for commercial occupancy at 510 5th Ave in Brooklyn, NY 11215. The property is being offered with flexibility regarding prospective uses, supporting consideration of a broad range of business concepts.

Key Highlights

  • 5000 square feet of retail space
  • All uses considered
  • Located at 510 5th Ave, Brooklyn, NY 11215

Property Analytics

Current Use

Pro Electric Electrical Service Suheily’s Pet’s (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Accounting Firm Nursing Home Catering Service Barber Shop (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

7,490
Businesses Nearby
312k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 43% Shops & Services 37% Dining 16% Groceries 3%
The Home Depot Home Improvements & Furnishings
70,488 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
61,501 visits/mo 0.5 miles
Dollar Tree Shops & Services
30,894 visits/mo 0.4 miles
Bank of America Shops & Services
13,992 visits/mo 0.0 miles
BP Shops & Services
13,850 visits/mo 0.3 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 - Flexible commercial space where all proposed uses will be considered.
Where is this retail space located?
The property is located at 510 5th Ave Brooklyn, NY.
What are key features of this property?
This property features: 5000 square feet of retail space; All uses considered; Located at 510 5th Ave, Brooklyn, NY 11215
(646) 914-9489 Call to check price and availability
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