retail for lease - Agorafy
MASSEY KNAKAL | RETAIL LEASING SERVICES
th Avenue 3902 4 RETAIL FOR LEASE
Mitzi Flexer Director of Retail Leasing 718-238-8999 X6504 [email protected]
Between 39th and 40th Street, Brooklyn
SIZE
ASKING RENT
FRONTAGE
Lot 25.17FT X 80.00FT Ground Floor 2,000 SF
Upon Request
25 FT *Approximately
POSSESSION
CEILING HEIGHT
Immediate
20 Feet *Approximately
FEATURES Highly visible frontage along 4th Avenue in Greenwood Heights, Brooklyn. New Construction, no former tenants with a 25 YEAR TAX ABATEMENT! Neighboring national tenants include Costco Wholesale Club, McDonald’s, Burger King.TD Bank and Domino’s Pizza. Located near multiple new developments adding to the area’s growing retail demand. Easily accesible by car and public transportation. All uses considered.
The information contained herein has been given to us by sources that we deem reliable. However, we do not warrant, represent or guarantee its accuracy or thoroughness. You are advised to independently verify all information..
Retail Map
3902 4th Avenue
3902 4TH AVENUE BROOKLYN, NY 11232 Neighborhood Profile: South Slope/Greenwood Heights South Slope and Greenwood Heights are neighborhoods in Brooklyn that span from Prospect Expressway (15th street) to the north, Gowanus Bay to the west, Eighth Avenue to the east, and 39th Street to the south (southern boundary of the GreenWood Cemetery and train yards). . South Slope and Greenwood Heights is populated by a heterogeneous group of middle class Brooklynites who have relocated from other higher-priced neighborhoods; a direct result of the rezoning of the area in November 2005, that brought an influx of luxury condominium apartments. Recent real estate development, curbed with the rezoning of the area in November 2005, brought an influx of luxury condominium apartments into a residential area that was mainly made up of one and two family homes. Post-rezoning, while new development sites have occurred, there has been a new trend of home renovations (many of them "gut renovations"), taking many of the neglected c. 1900 wood frame homes and restoring them to their turn of the 20th century historical look. Time Equities paid $8.1 million for two residential rental buildings in the area. This deal— a 17,716-square-foot building with 1,700 square feet of retail space and an eight-unit, 9400-square-foot residential building, respectively . One, two and three-family homes on the market in, listed at an average of $706,000, according to the Brooklyn New York Multiple Listing Service. $995,000 average for a three-story building with two apartments and ground-level retail space on busy Fourth Avenue. Condos range from $299,000, for a two-bedroom in an older building, to $549,000 for a two-bedroom in a new one. Real-estate values have risen steeply in the past decade as young professionals and some families have moved in. Most commuters take the N or the D from 36th Street, which run express to Midtown in about 30 minutes. The R, which runs locally in Greenwood, stops at 36th, 25th Streets and Prospect Avenue. Gas station-market hybrids dot Fourth Avenue, which has an industrial feel. However, retail in Greenwood Heights and South Slope is experiencing a renaissance. Greenwood Beer Garden, on the site of a former gas station at Seventh Avenue and 19th Street has 3,500 square feet; a neighborhood game changer. Additionally, fourth avenue in Greenwood Heights, while less developed than the northern section of Fifth Avenue in South Park Slope, has also seen new businesses, including a Best Western hotel opened up on Fourth Avenue near 26th Street, TD Bank and Days Inn on 39th Street, and Micro Center just to name a few. This area is seen as the best place for business owners to get into while still affordable!
The information contained herein has been given to us by sources that we deem reliable. However, we do not warrant, represent or guarantee its accuracy or thoroughness. You are advised to independently verify all information.
th Avenue 3902 4 RETAIL FOR LEASE
Mitzi Flexer Director of Retail Leasing 718-238-8999 X6504 [email protected]
Between 39th and 40th Street, Brooklyn
SIZE
ASKING RENT
FRONTAGE
Lot 25.17FT X 80.00FT Ground Floor 2,000 SF
Upon Request
25 FT *Approximately
POSSESSION
CEILING HEIGHT
Immediate
20 Feet *Approximately
FEATURES Highly visible frontage along 4th Avenue in Greenwood Heights, Brooklyn. New Construction, no former tenants with a 25 YEAR TAX ABATEMENT! Neighboring national tenants include Costco Wholesale Club, McDonald’s, Burger King.TD Bank and Domino’s Pizza. Located near multiple new developments adding to the area’s growing retail demand. Easily accesible by car and public transportation. All uses considered.
The information contained herein has been given to us by sources that we deem reliable. However, we do not warrant, represent or guarantee its accuracy or thoroughness. You are advised to independently verify all information..
Retail Map
3902 4th Avenue
3902 4TH AVENUE BROOKLYN, NY 11232 Neighborhood Profile: South Slope/Greenwood Heights South Slope and Greenwood Heights are neighborhoods in Brooklyn that span from Prospect Expressway (15th street) to the north, Gowanus Bay to the west, Eighth Avenue to the east, and 39th Street to the south (southern boundary of the GreenWood Cemetery and train yards). . South Slope and Greenwood Heights is populated by a heterogeneous group of middle class Brooklynites who have relocated from other higher-priced neighborhoods; a direct result of the rezoning of the area in November 2005, that brought an influx of luxury condominium apartments. Recent real estate development, curbed with the rezoning of the area in November 2005, brought an influx of luxury condominium apartments into a residential area that was mainly made up of one and two family homes. Post-rezoning, while new development sites have occurred, there has been a new trend of home renovations (many of them "gut renovations"), taking many of the neglected c. 1900 wood frame homes and restoring them to their turn of the 20th century historical look. Time Equities paid $8.1 million for two residential rental buildings in the area. This deal— a 17,716-square-foot building with 1,700 square feet of retail space and an eight-unit, 9400-square-foot residential building, respectively . One, two and three-family homes on the market in, listed at an average of $706,000, according to the Brooklyn New York Multiple Listing Service. $995,000 average for a three-story building with two apartments and ground-level retail space on busy Fourth Avenue. Condos range from $299,000, for a two-bedroom in an older building, to $549,000 for a two-bedroom in a new one. Real-estate values have risen steeply in the past decade as young professionals and some families have moved in. Most commuters take the N or the D from 36th Street, which run express to Midtown in about 30 minutes. The R, which runs locally in Greenwood, stops at 36th, 25th Streets and Prospect Avenue. Gas station-market hybrids dot Fourth Avenue, which has an industrial feel. However, retail in Greenwood Heights and South Slope is experiencing a renaissance. Greenwood Beer Garden, on the site of a former gas station at Seventh Avenue and 19th Street has 3,500 square feet; a neighborhood game changer. Additionally, fourth avenue in Greenwood Heights, while less developed than the northern section of Fifth Avenue in South Park Slope, has also seen new businesses, including a Best Western hotel opened up on Fourth Avenue near 26th Street, TD Bank and Days Inn on 39th Street, and Micro Center just to name a few. This area is seen as the best place for business owners to get into while still affordable!
The information contained herein has been given to us by sources that we deem reliable. However, we do not warrant, represent or guarantee its accuracy or thoroughness. You are advised to independently verify all information.
