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    453 5Th Ave Brooklyn, NY 11215

    For Lease
    Contact for pricing

    5,871 SF Retail Space Available

    Lot size:
    5,871 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5,871 square foot retail space is located at 453 5th Avenue in the vibrant Park Slope neighborhood of Brooklyn, New York (zip code 11215). The entire space is currently vacant, presenting a unique opportunity for a single tenant to establish a significant presence in this thriving community. The property is classified as street retail and commercial, offering excellent visibility and accessibility. Situated in Kings County, this location benefits from its proximity to a diverse population of approximately 150,000 people. Park Slope's well-established community is known for its blend of young professionals and families, creating a strong and consistent customer base. The traditional boundaries of Park Slope are defined by Prospect Park to the east, Fourth Avenue to the west, Flatbush Avenue to the north, and the Prospect Expressway to the south. This prime location offers unparalleled potential for a variety of retail businesses seeking to capitalize on the area's high foot traffic and strong demographic profile. The property's multiple tenancy designation allows for flexible lease terms and potential for future expansion. The address is 453 5th Ave, Brooklyn, NY 11215. This is a truly remarkable opportunity to secure a substantial retail space in one of Brooklyn's most desirable neighborhoods.

    Property Features for 453 5Th Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,871 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    5,871 SF

    HighLights

    • Prime Park Slope location at the intersection of 5th Avenue & 9th Street.
    • Delivery is Q4 2026.
    • 25‑year ICAP abatement.
    • Rare Park Slope development with ample retail frontage.
    • 16‑foot ceiling heights.
    • Strong affluent local demographics.
    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
    -73.986232
    Latitude
    40.668761

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    FAQs

    What type of property is this?
    Individual retail property - 5,871 SF Retail Space Available
    Where is this individual retail property located?
    The property is located at 453 5Th Ave Brooklyn, NY.
    What are key features of this property?
    This property features: Prime Park Slope location at the intersection of 5th Avenue & 9th Street.; Delivery is Q4 2026.; 25-year ICAP abatement.
    Request Owner's contact information
    453 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
    453 5Th Ave Brooklyn, NY 11215
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