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Vented Restaurant Space on Nostrand
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545 Nostrand Ave., Brooklyn, NY 11216

Restaurant-ready space in prime Bed-Stuy location with turnkey setup.

Space Size1,200 SF
Days on Market953

Property Features for 545 Nostrand Ave.

General Information

Standard status Active
Size 1,200 SF
Property subtype Retail

Building Details

Tenancy Multiple

Spaces For Lease

at 545 Nostrand Ave. Contact us

Ground

Size
1,200 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: MOD CRE
Listed By: Meyer Dagmy · License #NY 10491211186
Source: Crexi
Added: Jan 26, 2024 Changed: Sep 3 Last Checked: Aug 31 at 8:27PM

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 on Nostrand Avenue in Bed-Stuy, this 1,200-square-foot space is suitable for restaurant, café, or ghost kitchen use. The property features a hood and vent system. Situated in a thriving commercial corridor, the space benefits from strong street presence and high foot traffic. Immediate possession is available. All uses are considered for this vented, restaurant-ready space.

Key Highlights

  • Fully Vented Restaurant‑Ready Space
  • Prime Bed‑Stuy Location on Nostrand Avenue
  • 1,200 SF Turnkey Setup

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Real Estate Agency Auto Parts Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$9.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,233
Businesses Nearby
192k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 46% Dining 30% Groceries 16% Apparel 5%
Shell Shops & Services
29,804 visits/mo 0.1 miles
Sunoco Shops & Services
14,076 visits/mo 0.4 miles
7-Eleven Shops & Services
13,294 visits/mo 0.3 miles
Urban Market by Key Food Groceries
13,185 visits/mo 0.3 miles
McDonald's Dining
12,482 visits/mo 0.2 miles

Demographics for 11216, NY

61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$30.88 /SF/Yr
Avg Asking Price
$26.67–$39.51 /SF/Yr
Price Range
1,904 SF
Avg Space Size

This space is priced 110% above the average of $30.88 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Soldier 1444 Fulton St, Brooklyn, NY 11216

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant-ready space in prime Bed-Stuy location with turnkey setup.
Where is this conventional restaurant located?
The property is located at 545 Nostrand Ave. Brooklyn, NY.
What is the lease rate?
The lease rate is $65 SF/Yr.
What are key features of this property?
This property features: Fully Vented Restaurant‑Ready Space; Prime Bed‑Stuy Location on Nostrand Avenue; 1,200 SF Turnkey Setup
More about this property
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