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Retail Building with Up to 40-Foot Frontage
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938 Flatbush Ave, Brooklyn, NY 11226

Retail building offering up to 17.6-foot ceiling heights and up to 40 feet of Flatbush Avenue frontage.

Property Size9,600 SF
Days on Market124

Property Features for 938 Flatbush Ave

General Information

Standard status Active
Size 9,600 SF
Property subtype RETAIL
Listing Agency: Tri State Commercial Realty
Listed By: Shlomi Bagdadi · License #10311204539
Source: Moodyscre
Added: Mar 31 Changed: Jul 27 Last Checked: Aug 1 at 5:22AM

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 Tri State Commercial Realty

Investment Insights

Based on property information with market context.

Retail building for lease at 938 Flatbush Ave, offering up to 40 feet of frontage along Flatbush Avenue and ceiling heights up to 17.6 feet. The property is presented with flexible configuration options, including a full-building option totaling 9,600 SF across ground floor, basement, and second floor.

Option 1 supports a single-operator configuration with a combined layout that includes 3,900 SF on the ground floor, 3,000 SF in the basement, and 2,700 SF on the second floor. Option 2 outlines flexible multi-tenant setups on the ground floor (2,000–3,900 SF) and basement (1,600–3,000 SF), with venting potential and suitability for uses such as restaurant, medical, or service retail. Option 3 provides a second-floor offering of 2,700 SF with a dedicated entrance on Flatbush Avenue.

The building is located across from Five Below, TD Bank, Modern MD, and other national retailers, supporting a strong neighborhood retail mix.

Key Highlights

  • Up to 40 FT of frontage on Flatbush Avenue and ceiling heights up to 17.6 FT
  • Across from Five Below, TD Bank, Modern MD, and other national retailers
  • Option 1: single‑operator full building offering 9,600 SF total—3,900 SF ground, 3,000 SF basement, 2,700 SF second floor

Property Analytics

Current Use

Mazel Fashion Clothing Store Ragga Muffin Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Kitchen & Bath Showroom Nursing Home HVAC Service

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

Location Intelligence

Trade Area within ½ mile

5,596
Businesses Nearby
290k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 32% Groceries 26% Dining 25% Shops & Services 11%
Food Bazaar Supermarket Groceries
58,994 visits/mo 0.2 miles
Old Navy Apparel
34,998 visits/mo 0.2 miles
McDonald's Dining
33,086 visits/mo 0.4 miles
Burlington Apparel
21,398 visits/mo 0.2 miles
Shell Shops & Services
18,428 visits/mo 0.1 miles

Demographics for 11226, NY

101,727
Population
42,618
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
78,252
Density / Sq Mi
$81,084
Median Household Income
$49,892
Median Earnings
$1,751
Median Rent
$866,300
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$56.49 /SF/Yr
Avg Asking Price
$8.63–$200 /SF/Yr
Price Range
1,529 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail building offering up to 17.6-foot ceiling heights and up to 40 feet of Flatbush Avenue frontage.
Where is this retail space located?
The property is located at 938 Flatbush Ave Brooklyn, NY.
What are key features of this property?
This property features: Up to 40 FT of frontage on Flatbush Avenue and ceiling heights up to 17.6 FT; Across from Five Below, TD Bank, Modern MD, and other national retailers; Option 1: single‑operator full building offering 9,600 SF total—3,900 SF ground, 3,000 SF basement, 2,700 SF second floor
(718) 437-6100 Call to check price and availability
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