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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

532 Neptune Ave Brooklyn, NY 11224

40,000 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property at 532 Neptune Avenue in Brooklyn, NY, offers 40,000 square feet of prime office and retail space. Located between West 5th Street and West 6th Street (zip code 11224), this newly constructed building boasts thirteen individual suites ranging in size from 1,264 to 6,306 square feet, providing flexibility for various business needs. Units can be combined to accommodate larger tenants. The property is zoned R6, C1-2, and OP, allowing for a diverse range of commercial uses. On-site parking is available for added convenience. The building offers a built-to-suit option for tenants seeking customized spaces. Anticipated occupancy is Q3 2025. The rental rate is $65 per square foot. This is a unique opportunity to secure space in a brand-new, well-located commercial building in a thriving Brooklyn neighborhood. Inquire today to learn more about leasing opportunities.

Property profile
Verified
Property type Retail properties & Spaces
Total area 40,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pep Bakehouse & Coffee Shop Cafe & Coffee Shop
  • Anne E. Levy, PhD Physician
  • CVS Pharmacy Pharmacy
  • CVS Pharmacy
  • Brothers Bagels Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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