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Storefront With Basement
For Lease
$4,000/Mo

551 Knickerbocker Avenue, Brooklyn, NY 11221

Commercial Lease, Brooklyn, NY

Space Size1,100 SF
Lot Size0.04 Acres
Days on Market179

Property Features for 551 Knickerbocker Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning R6
Rooms Basement
Basement Storage Space, Full
Standard status Active
APN 03335-0006
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 10146

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 1931
Floors in Building 3
Flooring type Tile - Ceramic, Brick
Building materials Brick
Listing Agency: E Realty International Corp
Listed By: Hong Qing Lin
Added: Feb 26 Changed: Aug 20 Last Checked: Aug 24 at 11:06PM
MLS# 965003

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick storefront property offers 1,100 square feet at street level, an approximately equal-sized basement, and a backyard. The storefront ceiling exceeds 10 feet, while ceramic tile and brick flooring are present. Electric heating and cooling serve the building, with public water and public sewer available.

Located at 551 Knickerbocker Avenue in Brooklyn, the property is identified as R6-zoned and was built in 1931. The basement provides additional interior area, complementing the street-level commercial space and outdoor area.

Key Highlights

  • 1,100‑square‑foot storefront with an approximately equal‑sized basement
  • Backyard included with the commercial property
  • Storefront ceiling exceeds 10 feet

Property Analytics

Current Use

Beautiful Nails & Hair Hair Salon

Suggested Use

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

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
$6.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,901
Businesses Nearby
382k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 41% Dining 33% Shops & Services 15% Electronics 5%
Food Bazaar Supermarket Groceries
76,560 visits/mo 0.3 miles
Food Bazaar Supermarket Groceries
51,452 visits/mo 0.3 miles
Burger King Dining
36,411 visits/mo 0.2 miles
White Castle Dining
24,528 visits/mo 0.2 miles
Dunkin' Donuts Dining
23,384 visits/mo 0.2 miles

Demographics for 11221, NY

89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$54.44 /SF/Yr
Avg Asking Price
$8.63–$120 /SF/Yr
Price Range
2,585 SF
Avg Space Size

This space is priced 20% below the average of $54.44 /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?
Storefront property - Commercial layout includes a storefront, basement, and backyard within an R6-zoned property.
Where is this storefront property located?
The property is located at 551 Knickerbocker Avenue Brooklyn, NY.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: 1,100‑square‑foot storefront with an approximately equal‑sized basement; Backyard included with the commercial property; Storefront ceiling exceeds 10 feet
More about this property
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