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    OFF-MARKET
    Retail properties & Spaces

    501 Bushwick Ave, Brooklyn, NY 11206

    16,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located at 501 Bushwick Avenue in Brooklyn, New York, within the vibrant and rapidly developing Rheingold Brewery Campus. The property offers 16,000 square feet of retail space across two suites, situated in an eight-story mixed-use building. Individual suites range from a minimum of 1,200 square feet to a maximum contiguous space of 1,300 square feet, with 2,500 square feet currently vacant. The building boasts a striking 210-foot wraparound frontage along Bushwick Avenue and Montieth Street, providing excellent visibility and accessibility. This development is part of a larger project, one of the largest in Brooklyn, and is anchored by 392 residential units, creating a built-in customer base. The unique design includes inclining rooftop gardens and inner courtyards, fostering a thriving community atmosphere. Conveniently located near the J, M, and Z subway lines at Flushing Avenue and Myrtle Avenue, the property benefits from exceptional public transportation access. Nearby businesses include Food Story Natural Market, Bravo Supermarkets, Starbucks, Dunkin', Ange Noir Cafe, Popular Bank, Chase Bank, SEY Coffee, Caffe Vita, and A-Pou's Taste, indicating a strong and diverse local market. This is a rare chance to secure retail space in a rapidly growing area with significant potential for success.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 16,000 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
    • TRILLFIT Brooklyn Gym & Fitness Center
    • Lovebirds Natural Wines Specialty Food Shop Wine and Liquor Store
    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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