635 4Th Ave Brooklyn, NY 11232
- Retail residential properties
- 80,234 SF
- 0.23 lot acres
Current Use by Public Records
- New York Wolfpack / Dog Trainer
- L'Insolent Coffee / Coffee Shop
- National Maritime Union-Amer / Labor Union
- The Alexey / Apartment Building
Property Details for 635 4Th Ave
- Year built
- 2016
- Lot size
- 0.23 lot acres
- Property size
- 80,234 SF
- Zone code
- R8A
- Property type
- Retail residential properties
- APN
- 00634-0001
- APU
- 6340001
Description
This exceptional 7,200 square foot Class A retail space, located at the base of The Alexey, a 12-story luxury residential building in Brooklyn's South Slope/Greenwood area, presents a unique investment opportunity. Boasting 75 feet of wrap-around frontage on 4th Avenue and 19th Street, the space features floor-to-ceiling windows providing abundant natural light and high visibility. Built in 2018 and renovated in 2020, the space includes concrete floors, an ADA-compliant bathroom, and ample storage. Its open floor plan is adaptable to various business needs and can be subdivided. The Alexey benefits from a built-in consumer base of 91 luxury residential units within the building. The location offers exceptional accessibility, with convenient access to the D, F, G, N, R, and W subway lines (Prospect Avenue Station, 5-minute walk). High vehicular traffic volume (nearly 70,000 vehicles daily on the Prospect Expressway, 35,000 at the 4th and 19th Street intersection) ensures significant foot traffic. A substantial consumer base exists within a 3-mile radius (1.027 million residents, $9.3 million in consumer spending). This prime location and impressive features make this retail space an ideal investment.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.994
- Latitude
- 40.6638
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA