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Corner Commercial Space with Dual Frontage
For Lease
$30,000

59 Avenue U, Brooklyn, NY 11223

Corner commercial space with dual frontage and R5B/C2-3 zoning, suited for retail, medical, office, or mixed-use.

Space SizeContact for details
Days on Market191

Property Features for 59 Avenue U

General Information

Standard status Active
Zoning R5B/C2-3

Taxes and HOA fees

Annual Taxes $53,828
Listing Agency: Tiger Realty
Listed By: Hang (Tyler) Chen · License #HC3855
Source: Exprealty
Added: Feb 27 Changed: Aug 21 Last Checked: Sep 6 at 1:02PM

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 Tiger Realty

Investment Insights

Based on property information with market context.

This corner commercial property offers approximately 8,000 square feet of interior space designed to support a range of retail and professional uses. The offering includes dual street frontage, providing straightforward visibility from two directions and a strong street-presenting configuration for customer-facing businesses.

The building is positioned at an intersection at 59 Avenue U in Brooklyn, NY, where it benefits from an exposed, high-profile corner setting. Zoning is listed as R5B/C2-3, which can support a mix of commercial and residential uses depending on application and approval requirements.

For tenants, the combination of dual frontage and flexible zoning makes the space a practical fit for retail users, medical office operations, and office tenants seeking a prominent street location. It may also be suitable for mixed-use concepts where the business component pairs with the residential potential allowed under the R5B/C2-3 zoning framework. Interested parties should review zoning requirements in detail for their specific intended use.

Key Highlights

  • About 8,000 SF interior corner commercial space for lease
  • Dual street frontage with corner location at a busy intersection
  • Zoned R5B/C2‑3, supporting a range of commercial and residential uses

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Storage Facility Tattoo & Piercing Shop

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

Location Intelligence

Trade Area within ½ mile

3,334
Businesses Nearby
89k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Shops & Services 26% Groceries 26% Electronics 4%
McDonald's Dining
37,271 visits/mo 0.4 miles
Petco Shops & Services
23,136 visits/mo 0.1 miles
Super Foodtown Groceries
19,340 visits/mo 0.2 miles
C-Town Supermarkets Groceries
3,615 visits/mo 0.3 miles
Verizon Electronics
3,608 visits/mo 0.1 miles

Demographics for 11223, NY

83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$51.68 /SF/Yr
Avg Asking Price
$8.63–$150 /SF/Yr
Price Range
3,749 SF
Avg Space Size

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?
Retail space - Corner commercial space with dual frontage and R5B/C2-3 zoning, suited for retail, medical, office, or mixed-use.
Where is this retail space located?
The property is located at 59 Avenue U Brooklyn, NY.
What is the lease rate?
The lease rate is $30,000.
What are key features of this property?
This property features: About 8,000 SF interior corner commercial space for lease; Dual street frontage with corner location at a busy intersection; Zoned R5B/C2‑3, supporting a range of commercial and residential uses
More about this property
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