501 Bushwick Ave Brooklyn, NY 11206
- Retail properties
- 84,826 SF
Current Use by Public Records
- TRILLFIT Brooklyn / Fitness Center
- Lovebirds Natural Wines / Wine Store
Property Details for 501 Bushwick Ave
- Property size
- 84,826 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional Bushwick, Brooklyn property at 501 Bushwick Avenue offers three distinct retail spaces totaling 84,826 square feet within a two-story building situated on a 16,000 square foot lot. The building is zoned R7A and boasts convenient access to public transportation, including the J, M, & Z trains at the nearby Flushing Avenue and Myrtle Avenue station, as well as several bus lines (B57, B46, B47, B15, B54, & B60). The location benefits from high foot traffic and proximity to numerous established businesses, including IHOP, Burger King, McDonald's, and many more. Three spaces are available, ranging from 1,400 to 6,900 square feet, with a minimum divisible space of 1,400 square feet and a maximum contiguous space of 4,800 square feet. Currently, 6,200 square feet are vacant. Spaces feature attractive glass frontage, high ceilings (15-20 feet), and ADA accessibility. Ample parking is available on-site (3 spaces). Space 1 (ground floor) is ideal for retail uses like pet supplies or home goods. Space 2 (1,500 sq ft ground level + 4,500 sq ft lower level) is suitable for spas, medical offices, or recording studios. Space 3 (6,900 sq ft), a former supermarket, is perfect for larger retail concepts like supermarkets, organic markets, or cafes with co-working space. This property presents a unique branding opportunity at the base of a 392-unit residential building, ensuring a built-in customer base. Space 3 includes a walk-in fridge and freezer in the lower level. Kings County location.
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
- -73.9364
- Latitude
- 40.701