Retail Storefront with Private
For Lease
$4,500/Mo
986 Gates Ave, Brooklyn, NY 11221
COMMERCIAL - Brooklyn, NY
Space SizeContact for details
Property Size1,300 SF
Days on Market91
Property Features for 986 Gates Ave
General Information
Property type
Commercial Lease
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Subdivision
Bedford-Stuyvesant
Standard status
Active
Size
1,300 SF
Listing Agency:
5 BORO REALTY CORP
(917) 705-0005
Listed By:
Nina Sabag
855-305-DEAL
Added: May 6
Changed: Aug 4
Last Checked: Aug 4 at 9:06PM
MLS# 11739954
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
986 Gates Ave, Brooklyn, NY 11221 offers two separate storefront options within a mixed-use building. Each unit features an open-layout interior that can support a range of retail, office, showroom, studio, or service uses. One storefront includes a private bathroom, while the second is presented as a clean open space ready for customization.
The property is located along Gates Avenue in a residential and neighborhood retail setting, with access to public transportation. In addition to the primary storefront area, the building includes a full basement with exterior access, which can be used for storage or additional operational space for an extra fee.
These storefront configurations are well suited for operators who want street-level access and a flexible interior footprint, with the added convenience of a private bathroom in one option. The exterior-access basement provides a practical way to manage inventory and back-of-house needs without taking away from the customer-facing floor area.
The property is located along Gates Avenue in a residential and neighborhood retail setting, with access to public transportation. In addition to the primary storefront area, the building includes a full basement with exterior access, which can be used for storage or additional operational space for an extra fee.
These storefront configurations are well suited for operators who want street-level access and a flexible interior footprint, with the added convenience of a private bathroom in one option. The exterior-access basement provides a practical way to manage inventory and back-of-house needs without taking away from the customer-facing floor area.
Key Highlights
- Two separate retail storefronts available for lease at 986 Gates Ave, Brooklyn, each with flexible open‑layout space
- Storefront 1: available at $5,300/month and includes a private bathroom
- Storefront 2: available at $4,400/month with a clean open layout ready to customize
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.23 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,534
Businesses Nearby
143k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Groceries 24%
Shops & Services 20%
Electronics 2%
McDonald's
Dining
27,191 visits/mo
0.2 miles
Dunkin' Donuts
Dining
23,220 visits/mo
0.5 miles
Family Dollar
Shops & Services
16,102 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
13,615 visits/mo
0.5 miles
Key Food Supermarkets
Groceries
13,604 visits/mo
0.4 miles
Demographics for 11221, NY
89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value
Market
Lease Benchmarks for Brooklyn, NY
$62.93 /SF/Yr
Avg Asking Price
$21–$200 /SF/Yr
Price Range
2,352 SF
Avg Space Size
This space is priced 34% below the average of $62.93 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Floreria — 1725 Broadway, Brooklyn, NY 11207
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- Verdure Florist — 244 Malcolm X Blvd, Brooklyn, NY 11233
Frequently Asked Questions
What type of property is this?
Storefront property - Two flexible storefront spaces on Gates Avenue, including an option with a private bathroom and exterior-access basement storage.
Where is this storefront property located?
The property is located at 986 Gates Ave Brooklyn, NY.
What is the lease rate?
The lease rate is $4,500 /Mo.
What are key features of this property?
This property features: Two separate retail storefronts available for lease at 986 Gates Ave, Brooklyn, each with flexible open‑layout space; Storefront 1: available at $5,300/month and includes a private bathroom; Storefront 2: available at $4,400/month with a clean open layout ready to customize
