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New Construction Office Unit
For Lease
$2,800/Mo

623 Avenue H, Brooklyn, NY 11230

Rental, Brooklyn, NY

Space Size1,000 SF
Days on Market788

Property Features for 623 Avenue H

General Information

Property type Residential
Property subtype Office
Subdivision Kensington
Standard status Active
Size 1,000 SF

Amenities

2 separate entrances
central AC
central heat

Building Details

Number of units 1
Listing Agency: A P Services Inc
Listed By: Aliaksei A. (Alex) Palaukou · License #AP8095
Added: Aug 13, 2024 Changed: Sep 12 Last Checked: Oct 9 at 2:06PM
MLS# 485241

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This new-construction office unit offers approximately 1,000 square feet on the cellar floor and is available for rent. The space includes two separate entrances, elevator service, central AC, and central heat. A built-to-suit approach is also noted, providing flexibility for the planned office configuration. The tenant is responsible for utilities only.

The property is located in Kensington near Ocean Pkwy and Coney Island Ave. Its cellar-floor placement, dedicated access points, and building systems provide a practical setup for office use in a Brooklyn commercial setting.

Key Highlights

  • Approx. 1000 sqft of office space on the cellar floor
  • New construction with built‑to‑suit office configuration
  • Two separate entrances and elevator access

Property Analytics

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Current Use

LASER BY K ... Spa & Massage Center

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Parking Lot & Garage Hair Salon Gym & Fitness Center

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
Utilities to site
NNN (Triple Net)
Lease Type
$5.04 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,456
Businesses Nearby

Demographics for 11230, NY

91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Brooklyn, NY

$40.61 /SF/Yr
Avg Asking Price
$9.28–$150 /SF/Yr
Price Range
3,547 SF
Avg Space Size

This space is priced 17% below the average of $40.61 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Cellar-level office space features elevator access, two entrances, and central heating and air conditioning.
Where is this office units located?
The property is located at 623 Avenue H Brooklyn, NY.
What is the lease rate?
The lease rate is $2,800/Mo.
What are key features of this property?
This property features: Approx. 1000 sqft of office space on the cellar floor; New construction with built‑to‑suit office configuration; Two separate entrances and elevator access
More about this property
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