150 Portland Ave, Brooklyn, NY 11217
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.