Retail Space with Basement
For Sale
Contact for pricing
8015 5 Avenue, Brooklyn, NY 11209
Column-free space includes a private bathroom, mini-split units, and access to a backyard.
Property Size1,400 SF
Price / SF$3.93
Days on Market68
Property Features for 8015 5 Avenue
General Information
Standard status
Active
Size
1,400 SF
Amenities
demised bathroom
led lighting
mini split units
backyard
basement for storage
Listing Agency:
John A Maguire Real Estate, LL
Listed By:
Joseph Gualtieri
(718) 836-4330
Source:
Gosenproperties
Added: Aug 26
Changed: Oct 28
Last Checked: Oct 28 at 3:54PM
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 John A Maguire Real Estate, LL
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Investment Insights
Based on property information with market context.
The retail suite contains 1,400 square feet of column-free space and a demised bathroom. LED lighting and mini-split units serve the interior, while a basement provides storage and a backyard adds outdoor space. The property is located at 8015 5 Avenue in Brooklyn, New York.
Key Highlights
- 1,400 square feet of column‑free retail space
- Demised bathroom
- LED lighting and mini‑split units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,136
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,342,720
$1.3M
Cap Rate 7%
$959,086
$959.1K
Cap Rate 9%
$745,956
$746.0K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$108.9K $77.76/SF
− Vacancy
−$13.0K −$9.25/SF
EGI
$95.9K $68.51/SF
− OpEx
−$28.8K −$20.55/SF
NOI
$67.1K $47.95/SF
Area
Brooklyn, NY
Vacancy
11.90%
Lease Rate
$77.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,342,720
Cap Rate 7%
$959,086
Cap Rate 9%
$745,956
Alternative Uses
Best Use
Retail
$959.1K
$839.2K – $1.12M
NOI $67,136 @ 7.0% cap · market cap 1,220.65%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.16M
$1.01M – $1.35M
NOI $81,144 @ 7.0% cap · market cap 1,475.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,083
Businesses Nearby
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Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Column-free space includes a private bathroom, mini-split units, and access to a backyard.
Where is this retail space located?
The property is located at 8015 5 Avenue Brooklyn, NY.
What are key features of this property?
This property features: 1,400 square feet of column‑free retail space; Demised bathroom; LED lighting and mini‑split units
