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Renovated Corner Loft Office/Retail Space
For Lease
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980 Nostrand Ave, Brooklyn, NY 11225

Bright, renovated 2000 SF corner loft office/retail space for rent.

Space Size2,000 SF
Days on Market1108

Property Features for 980 Nostrand Ave

General Information

Standard status Active
Size 2,000 SF
Property subtype Retail
Lease Type Modified Gross

Building Details

Year Built 2011
Tenancy Single

Spaces For Lease

at 980 Nostrand Ave Contact us

Available Space

Size
2,000 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
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Listing Agency: Corbett & Dullea Real Estate
Listed By: Bobby Christman · License #NY6202
Source: Crexi
Added: Aug 8, 2023 Changed: Aug 8 Last Checked: Aug 15 at 7:23AM

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 Corbett & Dullea Real Estate

Investment Insights

Based on property information with market context.

This renovated corner loft offers 2000 square feet of bright and sunny office or retail space. The unit features 15-foot ceilings and two walls of windows, providing over 100 feet of frontage on Nostrand Avenue and Sullivan Place. A new HVAC unit has been recently installed, along with new floor tiles and LED lights. The layout includes two bathrooms, a small pantry, and one built-out 10-foot by 11-foot office.

Key Highlights

  • Renovated corner loft space with 15’ ceilings
  • Bright and sunny** with 2 walls of windows and over 100’ of frontage
  • 2000 SF suitable for office or retail

Property Analytics

Current Use

Paradigm Rehabilitation Physician Referral Service

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Nursing Home Acupuncture

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
$7.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,806
Businesses Nearby
201k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 40% Dining 32% Groceries 26% Electronics 1%
McDonald's Dining
35,394 visits/mo 0.5 miles
Western Beef Groceries
32,543 visits/mo 0.5 miles
BP Shops & Services
16,358 visits/mo 0.2 miles
Chase Bank Shops & Services
15,303 visits/mo 0.0 miles
Key Food Supermarkets Groceries
13,741 visits/mo 0.5 miles

Demographics for 11225, NY

58,786
Population
26,703
Households
2.2
Avg Household Size
36
Median Age
48%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
65,318
Density / Sq Mi
$85,201
Median Household Income
$54,639
Median Earnings
$1,733
Median Rent
$1,218,300
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$53.39 /SF/Yr
Avg Asking Price
$8.63–$150 /SF/Yr
Price Range
3,837 SF
Avg Space Size

This space is priced 10% below the average of $53.39 /SF/Yr.

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 - Bright, renovated 2000 SF corner loft office/retail space for rent.
Where is this retail space located?
The property is located at 980 Nostrand Ave Brooklyn, NY.
What is the lease rate?
The lease rate is $48 SF/Yr.
What are key features of this property?
This property features: Renovated corner loft space with **15’ ceilings**; Bright and sunny** with 2 walls of windows and over 100’ of frontage; 2000 SF suitable for office or retail
More about this property
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