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    510 5Th Ave Brooklyn, NY 11215

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    For Lease
    Contact for pricing

    2,500 SF Medical Office - For Lease

    Lot size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2,500-square-foot commercial space, located at 510 5th Avenue in the vibrant Brooklyn, New York neighborhood, presents a unique opportunity for medical professionals or related businesses. Situated in Kings County, this single-tenant property offers complete flexibility for a variety of uses, including medical offices, fitness centers, or other commercial ventures. The entire space is currently vacant, allowing for immediate occupancy and customization to perfectly suit your specific needs. The building's total square footage is 2,500 square feet, providing ample room for operations and potential expansion. The property is classified as Retail, Office, and Restaurant, reflecting its versatility and adaptability to a range of businesses. Its strategic location in Brooklyn, with the address 510 5th Avenue, zip code 11215, offers excellent visibility and accessibility for patients and clients. This is an exceptional opportunity to establish or expand your business in a thriving and dynamic area of New York City. The property's single-tenant status ensures exclusive use and control, minimizing potential conflicts and maximizing operational efficiency. The property is ready for immediate occupancy, allowing for a swift and seamless transition into your new space. This turnkey solution eliminates the need for extensive renovations or build-outs, saving you valuable time and resources. Contact us today to schedule a viewing and explore the possibilities of this remarkable property.

    Property Features for 510 5Th Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,500 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    2,500 SF

    HighLights

    • 2,500 SF commercial space at 510 5th Avenue, Brooklyn, NY 11215.
    • Competitively priced in a high‑income area.
    • Located near new residential developments.
    • Suitable for various uses, including medical, fitness, and retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pro Electric Electrician Suheily’s Pet’s Pet Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9800645
    Latitude
    40.6681669

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    FAQs

    What type of property is this?
    Restaurant - 2,500 SF Medical Office - For Lease
    Where is this restaurant located?
    The property is located at 510 5Th Ave Brooklyn, NY.
    What are key features of this property?
    This property features: 2,500 SF commercial space at 510 5th Avenue, Brooklyn, NY 11215.; Competitively priced in a high-income area.; Located near new residential developments.
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    510 5Th Ave Brooklyn, NY 11215
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    Brooklyn, NY 11215
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    510 5Th Ave Brooklyn, NY 11215
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