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    453 5Th Ave Brooklyn, NY 11215

    For Lease
    Contact for pricing

    6,000 SF Retail Space - Available Now

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 6,000-square-foot retail space is ideally situated at 453 5th Avenue in the vibrant Brooklyn, New York, neighborhood, zip code 11215. The property offers a single-tenant occupancy opportunity, providing a blank canvas for a wide range of retail businesses. With its generous 6,000 square feet of entirely vacant space, this property presents a unique chance to establish a significant retail presence in a bustling area. The building's total square footage is also 6,000 square feet, meaning the entire building is available for lease. This presents a rare opportunity for a business seeking a prominent and expansive location. The property's address is strategically located at 453 5th Avenue, offering excellent visibility and accessibility for customers. Its location in Brooklyn, NY, places it within a dynamic and densely populated area with high foot traffic and strong consumer demand. The property is classified as commercial retail, making it suitable for a variety of retail concepts. This turnkey space is ready for immediate occupancy, allowing businesses to quickly establish their operations and begin generating revenue. The property's geographic coordinates are 40.6689825 latitude and -73.9866082 longitude, providing precise location information for potential tenants. This is a rare opportunity to secure a substantial retail space in a prime Brooklyn location. Contact us today to schedule a viewing.

    Property Features for 453 5Th Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    6,000 SF

    HighLights

    • Chipotle and Panda Express are co‑tenants in this brand‑new development.
    • ICAP tax abatement is in effect.
    • The property is directly adjacent to the 4th Ave/9th St/7th Ave subway station.
    • Strong co‑tenancy includes Webster Bank, NY Sports Club, and numerous national and local retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Park Slope House ... Painter

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon 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
    -73.9866082
    Latitude
    40.6689825

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    FAQs

    What type of property is this?
    Retail property - 6,000 SF Retail Space - Available Now
    Where is this retail property located?
    The property is located at 453 5Th Ave Brooklyn, NY.
    What are key features of this property?
    This property features: Chipotle and Panda Express are co-tenants in this brand-new development.; ICAP tax abatement is in effect.; The property is directly adjacent to the 4th Ave/9th St/7th Ave subway station.
    Request Owner's contact information
    453 5Th Ave 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
    453 5Th Ave Brooklyn, NY 11215
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