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Storefront Retail Suite Near Subway
For Lease
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545-555 Broadway, Brooklyn, NY 11206

Retail storefront space located at the base of Lorimer House, immediately adjacent to the Broadway-Lorimer subway station.

Property Size500 SF
Days on Market9

Property Features for 545-555 Broadway

General Information

Standard status Active
Size 500 SF
Property subtype RETAIL
Lease Type SF/mo
Listing Agency: Meridian Capital Group
Listed By: Jordan Langer
Source: Moodyscre
Added: Jul 22 Changed: Jul 29 Last Checked: Jul 29 at 6:11AM

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 Meridian Capital Group

Investment Insights

Based on property information with market context.

This retail storefront space is positioned at the base of “Lorimer House,” a newly developed 270-unit residential building. The suite is sized at 500 square feet and is presented for lease.

According to the property remarks, the space offers strong commuter access and visibility due to its immediate adjacency to the Broadway-Lorimer subway station. The layout and street-facing retail character make it a fit for a range of service and specialty uses, including medical, wellness, beauty, fitness, boutique retail, showroom, office, and service-oriented concepts.

Key Highlights

  • Retail storefront space at the base of Lorimer House, immediately adjacent to the Broadway–Lorimer subway station
  • Located in a newly developed 270‑unit luxury building (Lorimer House)
  • Suitable for medical, wellness, beauty, fitness, boutique retail, showroom, office, and service‑oriented uses

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Nursing Home Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Adult Day Care

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
$8.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,376
Businesses Nearby
345k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 36% Dining 24% Shops & Services 22% Electronics 10%
Food Bazaar Supermarket Groceries
102,163 visits/mo 0.1 miles
McDonald's Dining
37,292 visits/mo 0.1 miles
Shoppers World Apparel
16,961 visits/mo 0.1 miles
BP Shops & Services
16,590 visits/mo 0.2 miles
BP Shops & Services
15,657 visits/mo 0.4 miles

Demographics for 11206, NY

91,549
Population
34,838
Households
2.6
Avg Household Size
30
Median Age
36%
College-Educated
77%
High-School Grad
1.4 sq mi
ZIP Area
65,392
Density / Sq Mi
$57,280
Median Household Income
$44,145
Median Earnings
$1,558
Median Rent
$822,100
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$56.49 /SF/Yr
Avg Asking Price
$8.63–$200 /SF/Yr
Price Range
1,529 SF
Avg Space Size

This space is priced 4% below the average of $56.49 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail storefront space located at the base of Lorimer House, immediately adjacent to the Broadway-Lorimer subway station.
Where is this retail space located?
The property is located at 545-555 Broadway Brooklyn, NY.
What is the lease rate?
The lease rate is $2,250 /Mo.
What are key features of this property?
This property features: Retail storefront space at the base of Lorimer House, immediately adjacent to the Broadway–Lorimer subway station; Located in a newly developed 270‑unit luxury building (Lorimer House); Suitable for medical, wellness, beauty, fitness, boutique retail, showroom, office, and service‑oriented uses
(212) 468-5960 Call to check price and availability
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