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385 5th Ave
650 SF of Retail Space Available in Brooklyn, NY 11215
Highlights
- Heavy Foot Traffic
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 650 SF | 3-7 Years | $96.00 /SF/YR $8.00 /SF/MO $1,033 /m²/YR $86.11 /m²/MO $5,200 /MO $62,400 /YR | Modified Gross |
1st Floor
Prime Retail Space Available in Park Slope - 385 5th Avenue, Brooklyn, NY. This approximately 650-square-foot retail space offers an exceptional opportunity for businesses seeking a presence in one of Brooklyn’s most desirable neighborhoods. Located at 385 5th Avenue, Park Slope, the space boasts high foot traffic, proximity to key transportation hubs, and a vibrant local community. Formerly operating as a hair salon, the space is ideal for retail or service-oriented businesses. The layout is flexible, and with no existing venting systems, it’s best suited for businesses that don’t require extensive cooking or ventilation. Key Features: * Size: 650 sq. ft. * Previous Use: Hair salon, suitable for various retail or service businesses * Vibrant Location: Prime Park Slope area with high foot traffic * Proximity to Transit: Close to major subway lines and bus routes No Venting System: Ideal for businesses that do not need extensive cooking or venting systems Great Visibility: Positioned in a bustling neighborhood, ensuring plenty of exposure. Whether you're opening a boutique, a fitness studio, a salon, or another service-based business, this space offers a prime location with endless potential.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Specialty Space
- Located in-line with other retail
- After Hours HVAC Available
- High Foot Traffic
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 385 5th Ave , Brooklyn, NY 11215
Property Type | Retail | Gross Leasable Area | 2,000 SF |
Property Subtype | Storefront | Year Built | 1899 |
Property Type | Retail |
Property Subtype | Storefront |
Gross Leasable Area | 2,000 SF |
Year Built | 1899 |
Nearby Major Retailers
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385 5th Ave
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