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    OFF-MARKET
    Retail properties & Spaces

    150 Portland Ave, Brooklyn, NY 11217

    7,800 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class A retail space, totaling 7,800 square feet, is ideally situated at 150 South Portland Avenue in the vibrant Downtown Brooklyn submarket, specifically within the Barclay's Center cluster. Currently fully vacant, this multi-tenant property presents a unique opportunity for a single tenant to occupy the entire building. The property is zoned R8A and boasts a prime location just three blocks from the Atlantic Avenue-Barclay Center subway station, providing unparalleled access to the 2, 3, 4, 5, B, D, N, Q, R subway lines and the Long Island Railroad. This ensures high visibility and convenient access for customers and employees alike. The address is 150 South Portland Avenue, Brooklyn, NY 11217, with cross streets of Hanson Place and Atlantic Avenue. The property's size and location within this bustling commercial hub make it an ideal space for a variety of retail businesses seeking high foot traffic and excellent transit connectivity. The building's classification as Class A signifies its high-quality construction and modern amenities. This is a rare opportunity to secure a significant retail presence in one of Brooklyn's most dynamic and rapidly growing neighborhoods. The entire 7,800 square feet is available for immediate occupancy.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 7,800 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
    • The 7th Scroll Church Mosque
    • Hanson Place Seventh Day Adventist Community Service - Food Distribution Center Food Bank Charitable Organization
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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