Neighborhood Retail
For Lease
Contact for pricing
706 Nostrand Ave, Brooklyn, NY 11216
Positioned along a busy commercial corridor serving dense residential housing and nearby educational and park activity.
Space Size3,000 SF
Days on Market8
Property Features for 706 Nostrand Ave
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Retail
Building Details
Building Size
3,000 SF
Tenancy
Multiple
Spaces For Lease
at 706 Nostrand Ave Contact us- Size
- 3,000 SF
- Type
- Retail
- Availability
- Active
Available Space 1
Listing Agency:
Momentum Realty Group
Listed By:
Eddie Keda · License #NY
Source:
Crexi
Added: Aug 27
Changed: Sep 1
Last Checked: Sep 1 at 9:51PM
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 Momentum Realty Group
Investment Insights
Based on property information with market context.
The retail space at 706 Nostrand Avenue occupies a commercial corridor in Brooklyn’s Crown Heights neighborhood. The surrounding district combines national retailers, independent businesses, restaurants, and dense residential housing, supporting an established neighborhood-shopping environment.
Nearby activity generators include Medgar Evers College, local schools, and Brower Park. Retail and service operators in the surrounding area include McDonald’s, Dunkin’, Walgreens, Western Union, Popeyes, Chase Bank, and Associated Supermarket, along with numerous neighborhood restaurants and businesses. The corridor is characterized by both pedestrian and vehicular traffic.
Nearby activity generators include Medgar Evers College, local schools, and Brower Park. Retail and service operators in the surrounding area include McDonald’s, Dunkin’, Walgreens, Western Union, Popeyes, Chase Bank, and Associated Supermarket, along with numerous neighborhood restaurants and businesses. The corridor is characterized by both pedestrian and vehicular traffic.
Key Highlights
- Located at 706 Nostrand Avenue in Brooklyn’s Crown Heights neighborhood
- Situated along an established commercial corridor with pedestrian and vehicular traffic
- Surrounded by dense residential housing, restaurants, local businesses, and national retailers
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
6,503
Businesses Nearby
159k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Dining 26%
Groceries 19%
Apparel 6%
Shell
Shops & Services
29,804 visits/mo
0.4 miles
Sunoco
Shops & Services
14,076 visits/mo
0.5 miles
7-Eleven
Shops & Services
13,294 visits/mo
0.5 miles
Urban Market by Key Food
Groceries
13,185 visits/mo
0.1 miles
McDonald's
Dining
12,482 visits/mo
0.5 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
$51.68 /SF/Yr
Avg Asking Price
$8.63–$150 /SF/Yr
Price Range
3,749 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Positioned along a busy commercial corridor serving dense residential housing and nearby educational and park activity.
Where is this retail space located?
The property is located at 706 Nostrand Ave Brooklyn, NY.
What are key features of this property?
This property features: Located at 706 Nostrand Avenue in Brooklyn’s Crown Heights neighborhood; Situated along an established commercial corridor with pedestrian and vehicular traffic; Surrounded by dense residential housing, restaurants, local businesses, and national retailers
