Brooklyn Restaurant Space For
For Lease
Contact for pricing
531 Myrtle Ave, Brooklyn, NY 11205
Fully built-out QSR space in high-traffic Brooklyn location.
Space Size2,100 SF
Days on Market719
Property Features for 531 Myrtle Ave
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Restaurant
Building Details
Tenancy
Multiple
Spaces For Lease
at 531 Myrtle Ave Contact us- Size
- 2,100 SF
- Availability
- Active
Available Space
Listing Agency:
MOD CRE
Listed By:
Meyer Dagmy · License #NY 10491211186
Source:
Crexi
Added: Sep 19, 2024
Changed: Sep 6
Last Checked: Sep 5 at 11:05PM
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 MOD CRE
Investment Insights
Based on property information with market context.
Located at the northwest corner of Myrtle Avenue and Steuben Street in Brooklyn, this commercial space offers a ground floor area of 2100 square feet and a lower level of 1535 square feet. The property features a frontage of 22 feet on Myrtle Avenue and an additional 78 feet on Steuben Street. This fully built-out QSR space is vented and situated in a heavy foot traffic corridor, directly across the street from Pratt Institute. Neighboring businesses include Bond Vet, Pratt Institute, UPS, Bergen Bagels, Blick Art Supplies, Dunkin Donuts, TD Bank, Khim’s Millenium Market, European Wax Center, Key Food, Medrite Urgent Care, Dogtopia, and CKO Kickboxing. Transportation is facilitated by the G Train. All uses are considered for this space.
Key Highlights
- Fully Built Out QSR with Venting: Ready for immediate operation.
- High‑Traffic Location on a busy corner ensures excellent visibility.
- Directly Across from Pratt Institute providing a consistent customer base.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$15.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,770
Businesses Nearby
126k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 17%
Home Improvements & Furnishings 5%
Beauty & Spa 4%
Sunoco
Shops & Services
17,347 visits/mo
0.4 miles
Shell
Shops & Services
16,609 visits/mo
0.4 miles
Chase Bank
Shops & Services
13,526 visits/mo
0.5 miles
Citgo
Shops & Services
12,010 visits/mo
0.2 miles
Chase Bank
Shops & Services
11,069 visits/mo
0.3 miles
Demographics for 11205, NY
50,474
Population
19,200
Households
2.6
Avg Household Size
30
Median Age
52%
College-Educated
86%
High-School Grad
1.2 sq mi
ZIP Area
42,062
Density / Sq Mi
$86,753
Median Household Income
$59,901
Median Earnings
$2,307
Median Rent
$892,800
Median Home Value
Market
Lease Benchmarks for Brooklyn, NY
$45.46 /SF/Yr
Avg Asking Price
$26.67–$83 /SF/Yr
Price Range
2,516 SF
Avg Space Size
This space is priced 124% above the average of $45.46 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Rosie's Homecooking Newyorican catery — 21 St James Pl, Brooklyn, NY 11205
- Imani — 271 Adelphi St, Brooklyn, NY 11205
- Table BK — Myrtle &, Kent Ave, Brooklyn, NY 11205
- Bonbite NYC — Building 58, Flushing Ave, Brooklyn, NY 11205
- Aperion Production — 777 Kent Ave Unit 201, Brooklyn, NY 11205
Frequently Asked Questions
What type of property is this?
Restaurant - Fully built-out QSR space in high-traffic Brooklyn location.
Where is this restaurant located?
The property is located at 531 Myrtle Ave Brooklyn, NY.
What is the lease rate?
The lease rate is $102 SF/Yr.
What are key features of this property?
This property features: Fully Built Out QSR with Venting: Ready for immediate operation.; High‑Traffic Location on a busy corner ensures excellent visibility.; Directly Across from Pratt Institute providing a consistent customer base.
