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    85 4Th Ave Brooklyn, NY 11217

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    For Lease
    Contact for pricing

    Union Square East Village Retail Opportunity

    Lot size:
    1,661 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 85 4th Avenue in Brooklyn's vibrant Union Square East Village neighborhood (zip code 11217), offers a unique leasing opportunity. Situated in Kings County, New York, this commercial space boasts a total of 1,661 square feet, currently entirely vacant and available for lease. The property is ideally suited for multiple tenants, with flexible space options ranging from a minimum of 195 square feet to a maximum contiguous space of 1,466 square feet. This allows for diverse business models, from smaller boutiques to larger retail establishments. The strategic location within the bustling Union Square East Village area ensures high foot traffic and excellent visibility, providing significant potential for business growth. The property's address is 85 4th Avenue, between 10th and 11th Streets, placing it within easy reach of a diverse and densely populated customer base. This is a rare chance to secure a prominent retail presence in a highly sought-after Brooklyn location. The property is classified as retail commercial space and is ready for immediate occupancy. Contact us today to explore the possibilities and schedule a viewing. The property is categorized as multiple tenancy and is located in Kings County, New York.

    Property Features for 85 4Th Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,661 SF

    Unit(s) available at that property

    Space
    Lower Level
    Size
    195 SF
    Space
    Ground Floor
    Size
    1,466 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Pulse Fitness Club Gym YOROCK Personal Training Personal Trainer Key City Capital Real Estate Agency LaserCutZ Laser Cutting Service SUN Studio NY Interior Designer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9799038
    Latitude
    40.6814964

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    FAQs

    What type of property is this?
    Retail property - Union Square East Village Retail Opportunity
    Where is this retail property located?
    The property is located at 85 4Th Ave Brooklyn, NY.
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    85 4Th Ave Brooklyn, NY 11217
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    Brooklyn, NY 11217
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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
    85 4Th Ave Brooklyn, NY 11217
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