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Retail Storefront with Venting
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61 4th Ave, Brooklyn, NY 11217

Retail storefront available with venting possible and approximately 2,450 square feet of space.

Property Size2,450 SF
Days on Market9

Property Features for 61 4th Ave

General Information

Standard status Active
Size 2,450 SF
Property subtype RETAIL
Lease Type SF/yr
Listing Agency: Meridian Capital Group
Listed By: Noam Aziz
Source: Moodyscre
Added: Jul 22 Changed: Jul 27 Last Checked: Jul 29 at 4:09PM

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.

Retail storefront space currently operating as “Happy Bowls,” offering approximately 2,450 square feet and the potential for venting.

Located at 61 4th Ave in Brooklyn, the property is described as being on the cusp of Union Square and the East Village, with neighborhood retail and dining in the surrounding area. The current presentation supports food and beverage concepts, and dry uses are preferred per the remarks.

Key Highlights

  • Retail storefront available with approximately 2,450 sq ft of space
  • Venting possible
  • Currently operating as “Happy Bowls”

Property Analytics

Current Use

4th Avenue Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Nursing Home Building Supply Carpet & Flooring Store Adult Day Care Pet Grooming Service

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
$3,525.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

9,658
Businesses Nearby
196k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Shops & Services 26% Apparel 11% Groceries 6%
Chick-fil-A Dining
35,688 visits/mo 0.2 miles
Shell Shops & Services
22,155 visits/mo 0.1 miles
Shake Shack Dining
18,217 visits/mo 0.2 miles
Goodwill Apparel
18,116 visits/mo 0.4 miles
TD Bank Shops & Services
15,811 visits/mo 0.3 miles

Demographics for 11217, NY

42,417
Population
21,590
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
60,596
Density / Sq Mi
$158,314
Median Household Income
$95,067
Median Earnings
$2,800
Median Rent
$1,614,200
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$62.95 /SF/Yr
Avg Asking Price
$21–$200 /SF/Yr
Price Range
1,308 SF
Avg Space Size

This space is priced 37232% above the average of $62.95 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Storefront property - Retail storefront available with venting possible and approximately 2,450 square feet of space.
Where is this storefront property located?
The property is located at 61 4th Ave Brooklyn, NY.
What is the lease rate?
The lease rate is $23,500.
What are key features of this property?
This property features: Retail storefront available with approximately 2,450 sq ft of space; Venting possible; Currently operating as “Happy Bowls”
(212) 468-5984 Call to check price and availability
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