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    531 Blake Ave Brooklyn, NY 11207

    Sponsored
    For Lease
    Contact for pricing

    5,000 SF Storefront - Immediate Occupancy

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,000-square-foot retail storefront at 531 Blake Avenue in Brooklyn, New York, presents a unique opportunity for businesses seeking a prominent location. Situated in Kings County, this single-tenant space boasts immediate availability and offers significant potential. Previously occupied by a supermarket, the property benefits from high visibility and ample space, making it suitable for a wide range of retail uses. All uses are considered, subject to approval. The building's layout includes a substantial basement area providing valuable storage space, a significant advantage for many retail operations. The property's corner location ensures maximum exposure to pedestrian and vehicular traffic, enhancing its marketing and sales potential. Located in the vibrant 11207 zip code, this space is ideally positioned to capitalize on the area's bustling commercial activity and strong consumer base. The asking rent is available upon request. Don't miss this chance to secure a prime retail location in a thriving Brooklyn neighborhood. Inquire today to learn more about this exceptional opportunity. The property is a single-tenant space with 5,000 square feet of vacant space.

    Property Features for 531 Blake Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,000 SF

    HighLights

    • High‑Visibility Corner Retail Space Available for Lease
    • Ample Basement Storage Included
    • Large Former Supermarket Space
    • Suitable for a Wide Variety of Commercial Uses
    • Rental Rate: Contact for Details
    • Immediately Available
    Property Profile Location Intelligence

    Current Use by Public Records

    777 food Market Supermarket UPS Access Point ... Shipping And Mailing Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.899354
    Latitude
    40.6673675

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    FAQs

    What type of property is this?
    Individual retail property - 5,000 SF Storefront - Immediate Occupancy
    Where is this individual retail property located?
    The property is located at 531 Blake Ave Brooklyn, NY.
    What are key features of this property?
    This property features: High-Visibility Corner Retail Space Available for Lease; Ample Basement Storage Included; Large Former Supermarket Space
    Request Owner's contact information
    531 Blake Ave Brooklyn, NY 11207
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    Brooklyn, NY 11207
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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
    531 Blake Ave Brooklyn, NY 11207
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