564 5Th Ave, Brooklyn, NY 11215
For Lease
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This exceptional retail property, located at 564 5th Avenue in the vibrant Brooklyn, New York, offers a total of 5,600 square feet of commercial space. Currently, the entire building is available for lease, presenting a unique opportunity for a single tenant or two separate businesses. The property is configured as two suites, each measuring 2,800 square feet. This allows for flexibility, accommodating either a single large tenant requiring the entire space or two smaller tenants seeking individual units. The minimum leasable space is 2,800 square feet, with a maximum contiguous space also at 2,800 square feet. Situated in Kings County, with a convenient 11215 zip code, this location benefits from high visibility and foot traffic. The property's classification is retail commercial, making it ideal for a wide range of businesses. This is a rare opportunity to secure a substantial retail presence in a thriving Brooklyn neighborhood. The property's size and layout offer significant potential for a variety of retail concepts. Interested parties are encouraged to inquire for further details and leasing options. The entire 5,600 square feet is currently vacant, providing immediate occupancy.
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#1 Brooklyn Furniture Furniture & Home Goods Home Decor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
C43A · Brooklyn, NYBrooklyn. Always verify with local authorities before improvements.
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.