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Storefront Property with Expansion Potential
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6402 7th Avenue, Brooklyn, NY 11220

Existing storefront asset with additional commercial development capacity and unused floor area ratio.

Property SizeContact for details
Days on Market19

Property Features for 6402 7th Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: Keller Williams Realty Staten Island
Listed By: Jillian Abbadessa · License #10401330886
Source: Crexi
Added: Sep 9 Changed: Sep 14 Last Checked: Sep 26 at 6:51AM

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 Keller Williams Realty Staten Island

Investment Insights

Based on property information with market context.

Located at 6402 7th Avenue in Brooklyn, NY 11220, this storefront property offers an existing commercial asset with measurable expansion capacity. The current FAR is 0.43, compared with a maximum commercial FAR of 1.0, leaving unused development allowance within the property’s commercial framework.

The property is identified with 6,520 buildable square feet and presents options for expansion or repositioning. Its storefront classification and available development capacity support consideration by purchasers evaluating an existing retail-oriented property with additional buildable area.

Key Highlights

  • 6,520 buildable square feet
  • Existing FAR of 0.43
  • Maximum commercial FAR of 1.0

Property Analytics

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Current Use

Flaming Mountain Hot ... Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Repair Shop Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,634
Businesses Nearby
120k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 77% Groceries 13% Dining 6% Home Improvements & Furnishings 2%
BP Shops & Services
17,603 visits/mo 0.3 miles
7-Eleven Shops & Services
17,278 visits/mo 0.5 miles
Chase Bank Shops & Services
16,183 visits/mo 0.5 miles
Bravo Supermarkets Groceries
15,635 visits/mo 0.5 miles
Shell Shops & Services
14,799 visits/mo 0.1 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 - Existing storefront asset with additional commercial development capacity and unused floor area ratio.
Where is this storefront property located?
The property is located at 6402 7th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: 6,520 buildable square feet; Existing FAR of 0.43; Maximum commercial FAR of 1.0
(718) 766-7159 Call to check price and availability
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