Retail Space on Prominent Corner with
New
For Lease
Contact for pricing
555-557 Waverly Ave, Brooklyn, NY 11238
Brand-new retail space on a prominent Brooklyn corner with on-site parking and flexible layouts that can be combined.
Property Size3,650 SF
Days on Market6
Property Features for 555-557 Waverly Ave
General Information
Standard status
Active
Size
3,650 SF
Property subtype
RETAIL
Lease Type
SF/mo
Amenities
on-site parking
Listing Agency:
Meridian Capital Group
(212) 468-5960
Listed By:
Jacob Mayer
(212) 468-5926
Source:
Moodyscre
Added: Jul 28
Changed: Jul 31
Last Checked: Aug 2 at 3:26AM
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.
Brand-new retail space at 555–557 Waverly Ave, built on a prominent Brooklyn corner with on-site parking. The space is approximately 3,650 SF and can be combined with adjacent space to support larger uses.
The location benefits from dense residential and daytime population, which supports steady foot and car traffic. It is also in close proximity to Barclays Center, and there is an influx of new residential buildings within a 1-block radius.
The configuration is suited for fitness, medical, and lifestyle uses, with the opportunity to scale within the available combined spaces.
The location benefits from dense residential and daytime population, which supports steady foot and car traffic. It is also in close proximity to Barclays Center, and there is an influx of new residential buildings within a 1-block radius.
The configuration is suited for fitness, medical, and lifestyle uses, with the opportunity to scale within the available combined spaces.
Key Highlights
- Approximately 3,650 SF retail space at 555–557 Waverly Ave
- Brand‑new construction on a prominent Brooklyn corner
- On‑site parking available
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.92 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,899
Businesses Nearby
Explore this area
Business Placement
Demographics for 11238, NY
60,090
Population
29,588
Households
2
Avg Household Size
35
Median Age
71%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
33,383
Density / Sq Mi
$132,957
Median Household Income
$85,179
Median Earnings
$2,511
Median Rent
$1,146,000
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 30% below the average of $56.49 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Brand-new retail space on a prominent Brooklyn corner with on-site parking and flexible layouts that can be combined.
Where is this retail space located?
The property is located at 555-557 Waverly Ave Brooklyn, NY.
What is the lease rate?
The lease rate is $12,000 /Mo.
What are key features of this property?
This property features: Approximately 3,650 SF retail space at 555–557 Waverly Ave; Brand‑new construction on a prominent Brooklyn corner; On‑site parking available