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Street-Level Storefront with Basement
New
For Lease
$4,000/Mo Modified Gross

706 Washington Ave Brooklyn, Ny, NY 11238

COMMERCIAL - Brooklyn NY, NY

Space SizeContact for details
Days on Market6

Property Features for 706 Washington Ave Brooklyn

General Information

Property type Commercial Lease
Property subtype Other
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Subdivision Prospect Heights
Standard status Active

Amenities

Central air conditioning
Private office
Handicap accessible bathroom
Private outdoor space
Street level sidewalk cellar access for convenient deliveries and basement loading
Listing Agency: HUGAWALL REALTY LLC
Listed By: Deborah Graves
Added: Aug 6 Changed: Aug 10 Last Checked: Aug 11 at 5:06PM
MLS# 11927299

Copyright © 2026 My State MLS. 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 street-level storefront provides approximately 776+/- sq. ft. of commercial space along with a full finished basement for additional storage, inventory, workspace, or business operations. The layout includes an open retail area, private office, central air conditioning, and a handicap accessible bathroom. Private outdoor space is also included.

The property is located on Washington Ave in Prospect Heights, Brooklyn, along a retail corridor with access to public transportation. Street visibility and sidewalk cellar access support deliveries and basement loading. The space may accommodate retail, office, boutique, service, medical, or professional uses, subject to applicable requirements.

The lease is structured as modified gross: the landlord pays real estate taxes, while the tenant covers utilities and other tenant-related expenses.

Key Highlights

  • Approximately 776+/- sq. ft. of street‑level commercial space
  • Full finished basement adds substantial additional usable area
  • Open retail layout with private office and central air conditioning

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Auto Parts Store Nursing Home Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

5,841
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11238, NY

60,090
Population
29,588
Households
2
Avg Household Size
35
Median Age
71%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
33,383
Density / Sq Mi
$132,957
Median Household Income
$85,179
Median Earnings
$2,511
Median Rent
$1,146,000
Median Home Value

Market

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?
Storefront property - Street-level commercial space includes a finished basement, private office, and private outdoor area.
Where is this storefront property located?
The property is located at 706 Washington Ave Brooklyn Ny, NY.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: Approximately 776+/- sq. ft. of street‑level commercial space; Full finished basement adds substantial additional usable area; Open retail layout with private office and central air conditioning
More about this property
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