Two-Storefront Retail
For Lease
$4,500/Mo
986 Gates Ave, Brooklyn, NY 11221
Commercial Lease, Brooklyn, NY
Space SizeContact for details
Days on Market137
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 · License #10311207532
855-305-DEAL
Added: May 6
Changed: Sep 4
Last Checked: Sep 19 at 1:06AM
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.
This mixed-use property at 986 Gates Ave provides two distinct storefront spaces with flexible, open interiors. Combined property size is 1300 square feet. One storefront includes a private bathroom, while the other offers an open configuration that can be customized for a range of commercial uses, including retail, office, showroom, studio, and service operations.
A full basement with exterior access provides additional storage or operational space. The property is near public transportation, residential buildings, and neighborhood businesses in Brooklyn, NY 11221.
A full basement with exterior access provides additional storage or operational space. The property is near public transportation, residential buildings, and neighborhood businesses in Brooklyn, NY 11221.
Key Highlights
- Two separate storefront spaces within a mixed‑use property
- 1300 square feet of property space
- Open layouts support retail, office, showroom, studio, and service uses
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Brooklyn, NY
$57.49 /SF/Yr
Avg Asking Price
$8.63–$150 /SF/Yr
Price Range
2,255 SF
Avg Space Size
This space is priced 28% below the average of $57.49 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Kitty Hawk — 444 Marcus Garvey Blvd, Brooklyn, NY 11216
- Juquila Flowers shop & funeral — 313 Malcolm X Blvd, Brooklyn, NY 11233
- Roots by Seasons — 349 Stuyvesant Ave, Brooklyn, NY 11233
- Floreria — 1725 Broadway, Brooklyn, NY 11207
- Verdure Florist — 244 Malcolm X Blvd, Brooklyn, NY 11233
Frequently Asked Questions
What type of property is this?
Storefront property - Flexible open layouts accommodate retail, office, showroom, studio, and service-based businesses.
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 storefront spaces within a mixed‑use property; 1300 square feet of property space; Open layouts support retail, office, showroom, studio, and service uses
