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Street-Facing Retail Space
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6748 5th Avenue, Brooklyn, NY 11220

The Brooklyn storefront sits across from a movie theater and near schools and other commercial businesses.

Property Size1,600 SF
Price / SF$5
Days on Market24

Property Features for 6748 5th Avenue

General Information

Standard status Active
Size 1,600 SF
Property subtype Business Opportunity

Additional Details

Utilities to Site Yes
Listing Agency: E House Realty & Mgt. Inc.
Listed By: ZiQing (Ken) Li · License #ZQL9541
Source: Exprealty
Added: Oct 9 Changed: Oct 28 Last Checked: Oct 30 at 3:24PM

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 E House Realty & Mgt. Inc.

Rey
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Investment Insights

Based on property information with market context.

This 1,600-square-foot retail space at 6748 5th Avenue has 20 feet of frontage and electrical capacity of 110 A+. Its location is across from a movie theater, with schools and other commercial businesses nearby.

Key Highlights

  • 1,600 square feet of retail space
  • 20 feet of frontage
  • Electrical capacity of 110 A+

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,242
Suggested Prices Based on Cap Rates
Cap Rate 5%
$844,840 $844.8K
Cap Rate 7%
$603,457 $603.5K
Cap Rate 9%
$469,356 $469.4K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$67.2K $42.00/SF
− Vacancy
−$6.9K −$4.28/SF
EGI
$60.3K $37.72/SF
− OpEx
−$18.1K −$11.31/SF
NOI
$42.2K $26.40/SF
Area
ZIP 11220
Vacancy
10.20%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$844,840
Cap Rate 7%
$603,457
Cap Rate 9%
$469,356

Alternative Uses

Best Use
Retail
$603.5K
$528.0K – $704.0K (±1% cap)
NOI $42,242 @ 7.0% cap · market cap 528.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$907.6K – $1.21M (±1% cap)
NOI $72,607 @ 7.0% cap · market cap 907.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gerard J. Bianco Law Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Hotel & Motel Gym & Fitness Center Nursing Home

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

Location Intelligence

Trade Area within ½ mile

5,279
Businesses Nearby
161k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Groceries 18% Dining 18%
BP Shops & Services
17,603 visits/mo 0.2 miles
7-Eleven Shops & Services
17,278 visits/mo 0.3 miles
SuperFresh Groceries
16,616 visits/mo 0.3 miles
Starbucks Dining
15,586 visits/mo 0.4 miles
Shell Shops & Services
14,799 visits/mo 0.4 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

Frequently Asked Questions

What type of property is this?
Retail space - The Brooklyn storefront sits across from a movie theater and near schools and other commercial businesses.
Where is this retail space located?
The property is located at 6748 5th Avenue Brooklyn, NY.
What are key features of this property?
This property features: 1,600 square feet of retail space; 20 feet of frontage; Electrical capacity of 110 A+
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Includes: Price & PSF · Cap rate · Location · Zoning

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