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    566 4Th Ave Brooklyn, NY 11215

    For Lease
    $75 SF/Yr ($5,500 /Mo)

    880 sq ft, Prime Park Slope Location

    Lot size:
    880 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 880-square-foot commercial space, located at 566 4th Avenue in Brooklyn, NY 11215, presents a unique opportunity for a variety of businesses. Situated in the highly desirable Park Slope neighborhood, this single-tenant property offers a versatile layout suitable for office, retail, or special purpose uses. The ground floor space boasts a private entrance and an attractive brick facade, enhancing its curb appeal. Currently featuring hardwood floors and a full bathroom, the space is adaptable to suit individual business needs. The owner is open to tenant improvements, allowing for customization to perfectly match your operational requirements. This prime location on 4th Avenue, between 15th and 16th Streets, provides unparalleled convenience. It's just minutes away from the N, R, D, and W subway lines at Prospect Avenue, as well as the BQE, ensuring easy access for both employees and clients. Furthermore, the proximity to 5th Avenue's vibrant retail, restaurant, and commercial scene adds to the property's desirability. This is an ideal opportunity to establish or expand your business in a high-demand area, with the flexibility to tailor the space to your specific needs. Note that food and bar uses are not permitted.

    Property Features for 566 4Th Ave

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    880 SF
    Total Rate
    5500

    Unit(s) available at that property

    Space
    566 4th Avenue
    Size
    880 SF
    Rate per SF
    $75

    HighLights

    • 880‑square‑foot commercial space at 566 4th Avenue, Brooklyn, NY 11215.
    • Located in the desirable Park Slope neighborhood.
    • Ground floor space with private entrance and attractive brick facade.
    • Features hardwood floors and a full bathroom; adaptable layout for office, retail, or special purpose uses (excluding food and bar).
    • Tenant improvements are negotiable.
    • Prime 4th Avenue location between 15th and 16th Streets, near subway lines (N, R, D, W) and the BQE.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    USPS Mailbox Mailing Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings (Brooklyn)
    State
    New York
    Longitude
    -73.9923717
    Latitude
    40.6663932

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    FAQs

    What type of property is this?
    Specialty property - 880 sq ft, Prime Park Slope Location
    Where is this specialty property located?
    The property is located at 566 4Th Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $75 SF/Yr.
    What are key features of this property?
    This property features: 880-square-foot commercial space at 566 4th Avenue, Brooklyn, NY 11215.; Located in the desirable Park Slope neighborhood.; Ground floor space with private entrance and attractive brick facade.
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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
    566 4Th Ave Brooklyn, NY 11215
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