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Renovated Office Space Available
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1612 Neptune Ave, Brooklyn, NY 11224

Newly renovated office space with open area and two bathrooms.

Space Size1,100 SF
Days on Market828

Property Features for 1612 Neptune Ave

General Information

Standard status Active
Size 1,100 SF
Property subtype Office

Building Details

Building Size 1,100 SF
Tenancy Single

Spaces For Lease

at 1612 Neptune Ave Contact us

Space 1

Size
1,100 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Commercial Acquisitions
Listed By: Denis Abayev · License #NY
Source: Crexi
Added: May 31, 2024 Changed: Sep 4 Last Checked: Sep 4 at 4:06PM

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 Commercial Acquisitions

Investment Insights

Based on property information with market context.

This is a newly renovated professional office space available for lease on the second floor. The layout features a large open area and includes two bathrooms. The property is located steps from public transportation and offers convenient access to the Belt Parkway. All professional uses will be considered for this space.

Key Highlights

  • Newly Renovated Professional Office
  • Large Open Area
  • Two Bathrooms

Property Analytics

Current Use

Star Fine Food ... Restaurant Abba Local Transportation Handicapped Transportation Service Majestic Industries Inc ... Employment Agency Great State Ambulette ... Freight Service Coast to Coast Construction ... Construction Company

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Accounting Firm (Bike/Boat/Book/etc) Store

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,102
Businesses Nearby

Demographics for 11224, NY

46,019
Population
21,354
Households
2.2
Avg Household Size
46
Median Age
33%
College-Educated
82%
High-School Grad
1.6 sq mi
ZIP Area
28,762
Density / Sq Mi
$41,449
Median Household Income
$41,233
Median Earnings
$905
Median Rent
$512,900
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$39.87 /SF/Yr
Avg Asking Price
$9.28–$90 /SF/Yr
Price Range
4,027 SF
Avg Space Size

This space is priced 30% below the average of $39.87 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Newly renovated office space with open area and two bathrooms.
Where is this office units located?
The property is located at 1612 Neptune Ave Brooklyn, NY.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Newly Renovated Professional Office; Large Open Area; Two Bathrooms
(718) 517-8700 Call to check price and availability
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