550 5th Ave, Brooklyn, NY

Listing agent Alex Svetlakou License #NY 10401242416

Listing office RIPCO Real Estate - Brooklyn Show Phone

Listing date Apr 11, 2025

Source Moodyscre

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Overview

This retail condo, totaling 36,500 square feet, includes a 6,900 square foot lower level. The property is currently configured with 3 tenants and generates over $969,000 in net revenue. Located in a major retail corridor in Brooklyn, the property benefits from its proximity to F, G, and R train lines. The surrounding area features a mix of national and local retail tenants. Some in-place rents are below market.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• Rentbrella Station - 124 9th St. — 124 9th St, Brooklyn, NY 11215

Location Insight

• Map
• Local Demand

City

Brooklyn

County

Kings

State

New York

Longitude

-73.9895

Latitude

40.6655

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FAQs

What type of property is this?

Shopping center - 36,500 SF retail condo in a busy Brooklyn corridor.

Where is this shopping center located?

The property is located at 550 5th Ave Brooklyn, NY.

What is the asking price?

The asking price for this property is $16,150,000.

What are key features of this property?

This property features: Generates over $969,000 in net revenue.; Located in a high‑traffic Brooklyn retail corridor.; Value‑add opportunity with below‑market rents.