Retail Space with Medical
5723 5th Ave, Brooklyn, NY 11220
For Lease
New
Contact for pricing
Renovated interior features patient waiting and exam areas, along with a finished basement.
Space Size1,500 SF
Days on Market4
Property Features for 5723 5th Ave
General Information
Standard status
Size
Property subtype
Space & Availability
Space Use
Condition
Additional Details
Utilities to Site
Spaces For Lease
at 5723 5th Ave
5723 5th Ave
$10,500/Mo
Floor
1
Size
1,500 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
-Highly visible corner on Sunset Park’s main 5th Avenue retail corridor
-Gut renovated with electrical service and commercial meters
-Move-in condition including a built-out medical suite with a waiting room and exam rooms
-Includes a finished basement with egress and HVAC in place
Contact us
Listing Agency:
Meridian Capital Group
(212) 972-3600
Listed By:
Noam Aziz
(212) 468-5984
Source:
Moodyscre
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 2:59PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,500-square-foot retail space has a built-out medical suite with a waiting room and exam rooms. Renovation work includes updated electrical service and commercial meters. A finished basement adds usable space, with egress and HVAC already in place.
The property occupies a corner along 5th Avenue in Sunset Park’s retail corridor.
The property occupies a corner along 5th Avenue in Sunset Park’s retail corridor.
Key Highlights
- 1,500‑square‑foot retail space with a built‑out medical suite
- Waiting room and exam rooms in place
- Finished basement with egress and HVAC
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$12.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
7,216
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Brooklyn, NY
$55.4 /SF/Yr
Avg Asking Price
$8.57–$230 /SF/Yr
Price Range
3,725 SF
Avg Space Size
This space is priced 52% above the average of $55.4 /SF/Yr.
Properties on Market for Retail space in Brooklyn
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Renovated interior features patient waiting and exam areas, along with a finished basement.
Where is this retail space located?
The property is located at 5723 5th Ave Brooklyn, NY.
What is the lease rate?
The lease rate is $10,500/Mo.
What are key features of this property?
This property features: 1,500‑square‑foot retail space with a built‑out medical suite; Waiting room and exam rooms in place; Finished basement with egress and HVAC
