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    828 Metropolitan Ave Brooklyn, NY 11211

    For Lease
    $70 SF/Yr

    Prime East Williamsburg Retail Opportunity

    Lot size:
    8,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail space, located at the corner of Metropolitan and Bushwick Avenues in East Williamsburg, offers multiple configurations totaling 8,050 square feet. The property boasts 180 feet of wraparound frontage, ensuring high visibility in this densely populated residential neighborhood. Available spaces range from 2,000 square feet to a combined 8,050 square feet, offering flexibility for various retail concepts. Space A offers 2,000 square feet of ground floor space, while Space B provides 2,800 square feet of ground floor space plus a 3,500 square foot rooftop area. Space C encompasses 3,250 square feet of ground floor space and an additional 2,700 square feet in the basement. The building features 15-foot ceilings, black iron venting, and a dedicated elevator to the exclusive rooftop space. Its prime location is just one block from the Graham Avenue L train station, benefiting from over two million annual riders. Surrounding businesses include popular restaurants, cafes, and other retail establishments, creating a vibrant and thriving commercial environment. The property is part of a new development at the base of a seven-story residential building, ensuring a consistent flow of potential customers. Immediate possession is available, and all uses are considered. Asking rent is available upon request.

    Property Features for 828 Metropolitan Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,050 SF

    Unit(s) available at that property

    Space
    Ground floor
    Size
    8,050 SF
    Rate per SF
    $70

    HighLights

    • Retail space available, 2,000 - 8,050 square feet, in multiple units.
    • Located on the corner of Metropolitan Ave and Bushwick Ave, Kings County.
    • Spaces range from 2,000 SF ground floor to a combination of ground floor and basement/rooftop space totaling 8,050 SF.
    • Asking rent upon request.
    • Features 180 feet of wraparound frontage and 15‑foot ceilings.
    • Immediate possession available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Wave (828 Metropolitan) Apartment Complex

    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
    State
    New York
    Longitude
    -73.941434
    Latitude
    40.714466

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    FAQs

    What type of property is this?
    Retail property - Prime East Williamsburg Retail Opportunity
    Where is this retail property located?
    The property is located at 828 Metropolitan Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $70 SF/Yr.
    What are key features of this property?
    This property features: Retail space available, 2,000 - 8,050 square feet, in multiple units.; Located on the corner of Metropolitan Ave and Bushwick Ave, Kings County.; Spaces range from 2,000 SF ground floor to a combination of ground floor and basement/rooftop space totaling 8,050 SF.
    Request Owner's contact information
    828 Metropolitan Ave Brooklyn, NY 11211
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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
    828 Metropolitan Ave Brooklyn, NY 11211
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