Retail Space on Kings
For Lease
Contact for pricing
1620 Kings Hwy, Brooklyn, NY 11229
Retail space with additional basement and second floor space.
Space Size2,850 SF
Days on Market1759
Property Features for 1620 Kings Hwy
General Information
Standard status
Active
Size
2,850 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
2,850 SF
Tenancy
Multiple
Spaces For Lease
at 1620 Kings Hwy Contact us- Size
- 2,850 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Retail 1,125 SF + 2nd FL + Bsmt
Listing Agency:
Commercial Acquisitions
(718) 517-8700
Listed By:
Arsen Atbashyan · License #NY 0000
Source:
Crexi
Added: Oct 29, 2021
Changed: Aug 13
Last Checked: Aug 20 at 12:29PM
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 retail space, located at 1620 Kings Hwy, Brooklyn, NY, offers 1,125 square feet of retail area, complemented by an additional 675 square feet on the second floor and 685 square feet in the basement. All spaces are available together for $10,000 NNN per month. The property is situated among national tenants, including Target, TJ Maxx, CVS, Verizon, Stop & Shop, Starbucks, Planet Fitness, Citibank, Chase Bank, and Chipotle.
Key Highlights
- Prime location on Kings Hwy with high foot traffic
- Surrounded by national tenants including Target, TJ Maxx, and Starbucks
- Total of 2,485 SF of space with retail, 2nd floor, and basement areas
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,535
Businesses Nearby
201k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 20%
Office Supplies 15%
Electronics 2%
Raising Cane's Chicken Fingers
Dining
75,801 visits/mo
0.1 miles
Staples
Office Supplies
31,010 visits/mo
0.4 miles
Citibank
Shops & Services
21,126 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
14,183 visits/mo
0.1 miles
TD Bank
Shops & Services
12,989 visits/mo
0.2 miles
Demographics for 11229, NY
83,669
Population
33,353
Households
2.5
Avg Household Size
40
Median Age
41%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
41,835
Density / Sq Mi
$72,556
Median Household Income
$52,948
Median Earnings
$1,666
Median Rent
$812,200
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 26% above the average of $53.39 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space with additional basement and second floor space.
Where is this retail space located?
The property is located at 1620 Kings Hwy Brooklyn, NY.
What is the lease rate?
The lease rate is $67 SF/Yr.
What are key features of this property?
This property features: Prime location on Kings Hwy with high foot traffic; Surrounded by national tenants including Target, TJ Maxx, and Starbucks; Total of 2,485 SF of space with retail, 2nd floor, and basement areas
