55Th St Brooklyn, NY 11234
- Retail properties
- 80,708 SF
Current Use by Public Records
- Retail properties
Property Details for 0 55Th St
- Property size
- 80,708 SF
- Property type
- Retail properties
Description
Mill Basin Plaza, located at Avenue U & E. 55th St in Brooklyn, NY (zip code 11234), presents a unique opportunity within the thriving Kings County market. This retail property boasts a total of 80,708 square feet, currently featuring 2,200 square feet of immediately available space. The property sits on a 5-acre lot and offers ample parking with 274 spaces, ensuring convenient access for customers and employees. The building's multiple tenancy structure provides a diverse and vibrant atmosphere. The property's location in the heart of Brooklyn benefits from an extremely dense population, making it an ideal location for a variety of retail businesses. Mill Basin Plaza is characterized by its strong infill market and very low vacancy rates, indicating a high demand and stable investment potential. The property's address is easily accessible, situated at the intersection of Avenue U and East 55th Street. This prime location offers excellent visibility and accessibility for customers. With its substantial size, ample parking, and strategic location within a densely populated area, this retail center represents a compelling investment opportunity in a highly sought-after Brooklyn neighborhood. The available 2,200 square feet provides a flexible space adaptable to various retail concepts. This is a rare opportunity to secure a space in a well-established and highly successful retail center.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9169
- Latitude
- 40.6124
