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Ground-Floor Restaurant Space
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653 Sterling Place, Brooklyn, NY 11216

Built-out ice cream shop with HVAC, plumbing, hood, and ADA-compliant access in a walkable Crown Heights setting.

Space Size500 SF
Days on Market2

Property Features for 653 Sterling Place

General Information

Standard status Active
Size 500 SF
Net Rentable 500 SF
Property subtype Street Retail

Space & Availability

Available Space 500 SF
Contiguous Space 500 SF
Floor Ground

Site & Location

Frontage 20 ft
Highway Access Yes
Utilities to Site Yes

Additional Details

Commercial Hood Yes

Amenities

ADA Compliant
Street Parking
Hood
HVAC System
Plumbing

Building Details

Stories 1

Spaces For Lease

at 653 Sterling Place Contact us

653 Sterling Pl

Size
500 SF
Lease Type
Modified Gross
Contact us
Listing Agency: Tri State Commercial Realty
Listed By: Shlomi Bagdadi · License #10311204539
Source: Thebrokerlist
Added: Sep 4 Last Checked: Sep 4 at 2:57PM

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 Tri State Commercial Realty

Investment Insights

Based on property information with market context.

This ground-floor restaurant space occupies a one-story attached building with an ice cream shop layout and turnkey infrastructure already in place. The premises include an HVAC system, plumbing, hood, 200 AMPS, an 11 FT ceiling, and ADA-compliant access. Two means of egress serve the space through the front door and sidewalk access to the basement. Street parking is available.

The property is located at 653 Sterling Place in Brooklyn’s Crown Heights neighborhood, between Franklin Ave and Bedford Ave. Transit options include the S train at Franklin Ave - Medgar Evers College and the B48, B45, and B49 bus lines. The surrounding area includes restaurants, cafés, boutiques, nightlife venues, and other local businesses, with nearby tenants including Starbucks Coffee Company, Franklin Park, Bagel Pub, and Brooklyn Eye Center.

The space offers 20 FT of frontage and an 18-year remaining term on a 20-year lease with an NN lease structure.

Key Highlights

  • 500 SF restaurant space with an ice cream shop layout
  • 20 FT of frontage and an 11 FT ceiling
  • 200 AMPS, hood, HVAC system, and plumbing in place

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Nursing Home Carpet & Flooring 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.

Lease Details

Yes
Highway access
Yes
Utilities to site
Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,644
Businesses Nearby
97k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 57% Groceries 26% Dining 14% Electronics 3%
Shell Shops & Services
29,804 visits/mo 0.4 miles
Urban Market by Key Food Groceries
13,185 visits/mo 0.4 miles
Dunkin' Donuts Dining
10,893 visits/mo 0.5 miles
The UPS Store Shops & Services
9,255 visits/mo 0.4 miles
Shell Shops & Services
8,014 visits/mo 0.4 miles

Demographics for 11216, NY

61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$30.88 /SF/Yr
Avg Asking Price
$26.67–$39.51 /SF/Yr
Price Range
1,904 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
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Similar Off Market Nearby

  • Soldier 1444 Fulton St, Brooklyn, NY 11216

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Built-out ice cream shop with HVAC, plumbing, hood, and ADA-compliant access in a walkable Crown Heights setting.
Where is this conventional restaurant located?
The property is located at 653 Sterling Place Brooklyn, NY.
What are key features of this property?
This property features: 500 SF restaurant space with an ice cream shop layout; 20 FT of frontage and an 11 FT ceiling; 200 AMPS, hood, HVAC system, and plumbing in place
More about this property
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