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Ground-Floor Retail Space

5823 Avenue T, Brooklyn, NY 11234

For Lease
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The premises are identified for dance, fitness, Pilates, catering, or educational use.

Space Size2,000 SF
Days on Market12

Property Features for 5823 Avenue T

General Information

Standard status Active
Size 2,000 SF
Net Rentable 2,000 SF
Property subtype Retail, Office

Space & Availability

Available Space 2,000 SF
Contiguous Space 2,000 SF

Additional Details

Highway Access Yes

Spaces For Lease

at 5823 Avenue T
Ground Floor Studio / Retail — 2,000 SF Active
Size 2,000 SF
Contact us
Listing Agency: Commercial Acquisitions
Listed By: Arsen Atbashyan
Source: Crexi
Added: Oct 30 Changed: Nov 8 Last Checked: Nov 10 at 5:35AM

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 Commercial Acquisitions

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Investment Insights

Based on property information with market context.

This 2,000-square-foot retail space occupies the ground floor and has 11-foot ceilings. The stated use possibilities include dance, fitness, Pilates, catering, and education.

At 5823 Avenue T in Brooklyn, the property sits between East 58th and East 59th Streets. Kings Plaza, Home Depot, Lowe’s, and the Avenue U and Flatbush Avenue commercial corridors are nearby. The Belt Parkway and local bus service provide connections across Brooklyn and Queens. The surrounding area includes established residential blocks.

Key Highlights

  • 2,000 SF of ground‑floor retail space
  • 11‑foot ceilings
  • Between East 58th and East 59th Streets on Avenue T

Property Analytics

Current Use

Mill Basin Deli Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Acupuncture Nursing Home

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,280
Businesses Nearby
282k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Home Improvements & Furnishings 39% Groceries 15% Electronics 2%
Lowe's Home Improvements & Furnishings
71,781 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
38,000 visits/mo 0.3 miles
Speedway Shops & Services
24,099 visits/mo 0.5 miles
Key Food Groceries
23,980 visits/mo 0.5 miles
Exxon Shops & Services
23,516 visits/mo 0.2 miles

Demographics for 11234, NY

92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$56.52 /SF/Yr
Avg Asking Price
$8.57–$230 /SF/Yr
Price Range
3,634 SF
Avg Space Size

Properties on Market for Retail space in Brooklyn

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - The premises are identified for dance, fitness, Pilates, catering, or educational use.
Where is this retail space located?
The property is located at 5823 Avenue T Brooklyn, NY.
What are key features of this property?
This property features: 2,000 SF of ground‑floor retail space; 11‑foot ceilings; Between East 58th and East 59th Streets on Avenue T
(917) 939-3760 Call to check price and availability
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