Building Details

Year Built 1920

Buildings 1

Stories 4

Listing Agency: n***@cdrenyc.com Show Phone

Listed By: Nicholas Show Phone

Added: Nov 21, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This Brooklyn property offers 6,000 square feet of flex space suitable for office, warehouse, studio, or creative industrial use. The space features a wide-open, flexible layout, high ceilings, and a wall of windows. It also provides good freight access and heavy floor load capacity, making it suitable for a variety of business operations.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Veterinary Clinic

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

$2.55 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

3,641

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 11220, NY

105,797

Population

30,897

Households

3.4

Avg Household Size

35

Median Age

25%

College-Educated

62%

High-School Grad

1.7 sq mi

ZIP Area

62,234

Density / Sq Mi

$64,201

Median Household Income

$31,489

Median Earnings

$1,688

Median Rent

$1,021,200

Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$40.95 /SF/Yr

Avg Asking Price

$9.28–$150 /SF/Yr

Price Range

5,418 SF

Avg Space Size

This space is priced 58% below the average of $40.95 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office space - Great Sunset Park Loft / Office / Creative or Industrial Space + WALL OF WINDOWS

Where is this office space located?

The property is located at 5620-5706 First Ave Brooklyn, NY.

What is the lease rate?

The lease rate is $8,500/Mo.